US attorneys in New York are dropping the cases against Julien Grout of France and Javier Martin-Artajo of Spain (seen in 2013), who were accused of being key figures in covering up $6.2 billion (5.7...
Bank of America announced Friday that it will move its hub for EU business to Dublin from London following Brexit. The Irish capital will be "the preferred location for (the bank's) principal EU...
Citigroup has picked Frankfurt as its headquarters for broker-dealer duties for EU countries after Brexit, a Citigroup executive announced Thursday in an email reviewed by AFP. The operations are...
Morgan Stanley has picked Frankfurt as a new temporary hub to operate in the European Union when Brexit takes effect, a person familiar with the situation said Wednesday. The New York investment bank...
Global financial services giant Goldman Sachs reported flat second-quarter earnings Tuesday as gains in investment management offset a steep drop in trading revenues due to weak volatility. Net...
Bank of America reported higher second-quarter earnings Tuesday, thanks to a boost in total loans and the benefit of increased interest rates. Net income for the period ending June 30 was $4.9...
China plans to squeeze high-flying billionaire Wang Jianlin's conglomerate Wanda by cutting off new loans and regulatory approvals for deals, reports said Monday, punishing it for breaching Chinese...
Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after lackluster US data raised questions about additional Federal Reserve rate hikes....
JPMorgan Chase reported higher second-quarter earnings Friday, boosted by loan growth and the benefits of increased interest rates that compensated for declines in trading performance. JPMorgan chief...
North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a takeover offer. Media reports had said US firm Iconiq Capital was preparing an...
News that JPMorgan Chase considered bidding for British payment company Worldpay signals that big US banks could be shifting back into acquisition mode after nearly a decade playing defense....
The Ghana Revenue Authority (GRA) has been impressed upon to re-examine the various mergers and acquisitions that have been completed in the country to reconcile potential revenue losses due to tax...
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major banks to rig a key interest rate, according to a US court filing Monday. The...
The Attorney General , Gloria Akuffo has confirmed receipt of a letter by Private Legal Practitioner , Victor Adawudu demanding more information on the controversial $ 2. 25 billion domestic bond...
New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included use of secret hand signals to dupe customers, officials...
A private legal practitioner has written to the government requesting for more information on the controversial $2.25 billion domestic bond which was issued in April 2017. According to the lawyer,...
A private legal practitioner has written to the government requesting for more information on the controversial $2.25 billion domestic bond which was issued in April 2017. According to the lawyer,...
Disgruntled customers of ASN financial services limited have begun counting their losses after attempts to retrieve their monies appear to have yielded little results. The woes of the customers are...
Disgruntled customers of ASN financial services limited have begun counting their losses after attempts to retrieve their monies appear to have yielded little results. The woes of the customers are...
Tarnished banking giant Wells Fargo said Thursday it will cut an additional $2 billion in costs each year as it aims to restore its reputation following a fake bank accounts scandal. The leader in...
