Citi CFO says 1,600 job cuts will increase second-quarter bills
NEW YORK, June 14 (Reuters) – Citigroup Inc (C.N) within the second quarter will ebook severance prices related to round…
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Deutsche Financial institution funding financial institution income down by at the very least 15% in second quarter, CFO says
FRANKFURT, June 15 (Reuters) – Deutsche Financial institution’s (DBKGn.DE) income at its funding financial institution division seemingly dropped by at…
Factbox: Wall Avenue banks count on Fed to hike charges in July
June 15 (Reuters) – A number of main U.S. banks count on the Federal Reserve to ship one other 25-basis-point…
Morning Bid: ECB day to observe a hawkish Fed
A have a look at the day forward in U.S. and world markets from Dhara Ranasinghe. A day after the…
Odey Asset Administration plans funds, workers strikes in struggle for survival
[1/3] Hedge fund supervisor Crispin Odey gestures as he departs Westminster Magistrates’ Court docket, after being discovered not responsible of…
Factbox: Who’re Crispin Odey and hedge fund Odey Asset Administration?
June 15 (Reuters) – Odey Asset Administration (OAM) is preventing for survival after a media report alleging sexual misconduct by…
HSBC eyes main function in banking for VCs, startups after hiring wave
NEW YORK, June 13 (Reuters) – HSBC Holding plc (HSBA.L) is searching for to turn into a number one financial…
ECB urges banks in Russia to go away rapidly
FRANKFURT, June 13 (Reuters) – Euro zone banks in Russia ought to go away rapidly, the bloc’s high supervisor mentioned…
Unique: Canada financial institution regulator says lenders ought to urgently deal with dangers from mortgage extensions
TORONTO, June 13 (Reuters) – Canada’s monetary regulator is urging lenders to deal with dangers from mortgage extensions on the…
Macquarie picks up majority stake in Coastal Waste & Recycling
NEW YORK, June 13 (Reuters) – The asset administration arm of Australian financial institution Macquarie Group Restricted (MQG.AX) has purchased…