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...
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...
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....
General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to...
Asian investors moved cautiously Friday following a Wall Street rally inspired by better-than-expected US economic growth data, while South Africa's rand plunged after President Jacob Zuma sacked his...
US bank Wells Fargo has been hit with restrictions after attempts to fix issues with its bankruptcy plan failed. Banks labelled "too big to fail" must have a so-called "living will" that would allow...
President-elect Donald Trump has warned companies of "consequences" if they leave the United States. He was speaking in Indiana, where he took credit for saving 1,000 jobs at the air-conditioning...
