Bank, energy firms pressure Australian shares China’s shares fell and bank shares pressured Australia on Thursday, but Japan’s market rose ahead of a key jobs report in the U.S. ... Read More
Barclays bank has reported a 25% rise in statutory pre-tax profits to £3.14bn for the six months to the end of June. Profits last year were £2.55bn. The bank ... Read More
European stocks climbed, poised for a weekly gain, after Greece offered to meet most of creditors’ demands in exchange for a new bailout. The Stoxx Europe 600 Index rose ... Read More
Banque Pasche SA Will Pay $7.229 Million Penalty and ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue to Cooperate With Department of Justice The Department of Justice ... Read More
Spanish banking giant Santander is teaming up with mobile payment company Monitise on a joint venture to invest in and build new fintech startups. Monitise, who announced the new company in a ... Read More
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe ... Read More
Keep an eye on the shadow banking system – it is about to be shaken to the core. According to the Financial Stability Board, the size of the global shadow ... Read More
Citigroup Inc (C.N) will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for a ... Read More
Barclays Plc picked JPMorgan Chase & Co. to replace Credit Suisse Group AG as a corporate broker amid a review of the bank’s performance by new Chairman John McFarlane. ... Read More
The Swiss National Bank (SNB) on Thursday welcomed the improvement made by the country’s biggest banks, UBS and Credit Suisse, to their capital strength in the past year but ... Read More
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