Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond ... Read More
Matthew Biben, JPMorgan Chase & Co’s retail-banking general counsel, has left the bank in an overall three years of service. The position was filled by his replacement, Jill Centella, ... Read More
Citigroup Inc. (C) and U.S. authorities will announce a $7 billion agreement as soon as today to end probes of the bank’s sales of mortgage-backed bonds, according to a ... Read More
U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal’s top ... Read More
Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the ... Read More
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their ... Read More
If you can’t beat them, outspend them. That seems to be the thinking behind a huge new infrastructure investment fund being promoted by China as an alternative to established ... Read More
The company that rebranded the word “friend” may soon take up a more ambitious makeover: the word “bank.” Facebook Inc. is on the verge of winning approval from Ireland’s ... Read More
Credit Agricole SA, France’s third-largest bank, will seek to reach at least 4 billion euros ($5.5 billion) of annual net income by 2016 and build up capital as its ... Read More
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