Standard Chartered (STAN.L) is among three lenders that China’s central bank last week suspended from conducting some foreign exchange business until the end of March, two sources with direct ... Read More
RBS (Luxembourg), formerly part of the UK’s Royal Bank of Scotland group, has been renamed FundRock Management Company as the sale of it to private equity firm, BlackFin Capital Partners, closes. ... Read More
Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made ... Read More
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its ... Read More
In 2015, new bank chief executives have been rather like buses. You wait ages while anger mounts over regulation of the service, then three turn up at once. In ... Read More
Bitcoin is back in the limelight, with speculation again swirling around the mysterious identity of the creator of the world’s biggest cryptocurrency. Intense media coverage caused a spike in ... Read More
Bank plans to offer a new lending product with On Deck in 2016 Executive: `We’ll be able to offer almost real-time approvals’ JPMorgan Chase & Co., the biggest U.S. ... Read More
Cuts would be across regions and take place in next two weeks Bank’s fixed-income trading revenue dropped 42% last quarter Morgan Stanley is planning a reduction of as much ... Read More
A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate ... Read More
Asian markets continued to trade mixed on Monday afternoon, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on ... Read More
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