Bank’s trading revenue drops 9%, while investment banking is a bright spot Goldman Sachs Group Inc. predicted that this month’s stock-market swoon wouldn’t derail a merger boom that proved one of ... Read More
Deutsche Bank, already troubled by lawsuits and official investigations, faces another challenge. A group of lawyers said on Monday that they planned to sue the company in British court, ... Read More
Moody’s Investors Service says cross-currency swaps that mitigate the effect of foreign exchange controls have enabled Moody’s to assign ratings above the applicable foreign currency bond ceilings to foreign-currency-denominated ... Read More
20-storey tower to be built in Dubai’s Emaar square by 2017 Construction to start in few days, HSBC to move staff in 2018 HSBC Holdings Plc will start building ... Read More
The New York firm kicks off earnings season for big U.S. banks J.P. Morgan Chase & Co. said its fourth-quarter profit beat expectations thanks in part to cost-cutting and higher ... Read More
The Bank of China will face a daily fine in the US unless it complies with a court request to give details of customers accused of selling fake goods. ... Read More
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global ... Read More
Leading edge technology to help ANZ be the best connected and respected bank across Asia Pacific ANZ, one of Australia and New Zealand’s leading banks, has signed a five-year, ... Read More
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest ... Read More
The U.S. Federal Reserve is investigating possible improper conduct in foreign exchange markets by large banking institutions, a spokesman said on Wednesday. “The Federal Reserve is continuing to investigate in the ... Read More
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