Financial institution of America racked up $1.2 billion in penalties, settlements in 2022
NEW YORK, Feb 22 (Reuters) – Financial institution of America Corp (BofA) (BAC.N) amassed $1.2 billion in bills for litigation…
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UBS set to use for China mutual fund license – WSJ
Feb 23 (Reuters) – Switzerland’s largest financial institution UBS Group AG (UBSG.S) is seeking to apply for a mutual fund…
BNP Paribas sued in France over fossil-fuel financing
World first in opposition to a business financial institution -plaintiffs Case based mostly on legislation that enhances company duties BNP…
Evaluation: Increase in European financial institution earnings hints at a rally with legs
Financials earnings progress fee surges virtually 45% STOXX banks climbs to 5-year excessive UniCredit shares up a whopping 35% YTD…
U.S. to immediately warn corporations in opposition to evading Russia sanctions
WASHINGTON, Feb 17 (Reuters) – The US will immediately warn corporations in opposition to evading U.S. sanctions imposed on Russia…
International fairness funds see outflows on worries over Fed tightening
Feb 17 (Reuters) – International fairness funds witnessed outflows within the week to Feb. 15, hit by worries in regards…
Ex Credit score Suisse banker loses $86 mln London enchantment over misplaced earnings
LONDON, Feb 17 (Reuters) – A former Credit score Suisse (CSGN.S) banker, who was convicted and sentenced to jail in…
Credit score Suisse names Neil Hosie as sole head of world equities
ZURICH, Feb 17 (Reuters) – Credit score Suisse (CSGN.S) has appointed Neil Hosie as sole head of its international equities…
Hawkish ECB feedback push up rate-hike expectations
PARIS/FRANKFURT, Feb 17 (Reuters) – European Central Financial institution rates of interest nonetheless have some solution to rise, two influential…
France’s AMF offers banks 18 mths to resolve India trades amid regulator standoff
Feb 17 (Reuters) – France’s AMF market regulator has given its banks and members eighteen months to search out new…