banking

Goldman, Blankfein, Cohn must face shareholder lawsuit over 1MDB scandal

Goldman Sachs Group Inc (GS.N) and two former top executives were ordered by a U.S. judge on Monday to face…

4 years ago

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said on Monday they were hiking their capital payouts…

4 years ago

Fed officials express skepticism about a U.S. central bank digital currency

Two Federal Reserve officials on Monday expressed strong skepticism about the need for the central bank to issue a digital…

4 years ago

Swiss bank UBS to let most staff adopt hybrid working

UBS Group (UBSG.S) will allow most staff to mix remote working with time spent in the office, Switzerland's biggest bank…

4 years ago

MOVES Citi shakes up leadership ranks for UK and Ireland deal-making – memo

Citigroup (C.N) has named new co-heads of its banking, capital markets and advisory franchise for the UK and Ireland as…

4 years ago

UK watchdog investigates Greensill and Wyelands Bank auditors

Britain's accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands Bank as…

4 years ago

Macron rolls out red carpet to JPMorgan, global CEOs in post-Brexit push

President Emmanuel Macron will declare that Paris is back on the map of global finance on Tuesday when he inaugurates…

4 years ago

Fearing predators, Credit Suisse seeks new look or even merger-sources

Credit Suisse's top management are under pressure to come up with an overhaul plan for the scandal-hit Swiss bank that…

4 years ago

Visa to buy Swedish fintech Tink for $2.2 billion

Visa Inc (V.N) said on Thursday it had agreed a 1.8 billion euro ($2.2 billion) takeover of European open banking…

4 years ago

Deutsche Bank taps Oracle to simplify its IT, cut costs

Deutsche Bank (DBKGn.DE) has tapped software firm Oracle (ORCL.N) to simplify its information technology systems, enabling Germany's top lender to…

4 years ago