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StanChart completes deliberate redemption of $1 bln shock-absorbing bond

admin2 years ago04 mins

LONDON, April 3 (Reuters) – Customary Chartered (STAN.L) has redeemed a $1 billion so-called further tier one (AT1) bond in…

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EY fined, banned from some audits in Germany over Wirecard scandal

admin2 years ago03 mins

BERLIN, April 3 (Reuters) – Germany’s accounting watchdog on Monday handed the 2016-2018 auditor of Wirecard, named within the firm’s…

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UBS and Credit score Suisse shares drop as Swiss prosecutor investigates takeover

admin2 years ago2 years ago04 mins

LONDON, April 3 (Reuters) – Credit score Suisse (CSGN.S) and UBS (UBSG.S) shares fell on Monday after Switzerland’s federal prosecutor…

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What disaster? U.S. bank-focused ETFs see strongest demand in months in March

admin2 years ago04 mins

March 31 (Reuters) – March recorded the worst U.S. financial institution failures because the 2008 disaster, however that didn’t cease…

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Hedge funds retrench after getting pummeled throughout wild March

admin2 years ago2 years ago07 mins

LONDON/NEW YORK/HONG KONG, March 31 (Reuters) – March’s market turmoil has compelled many macro and trend-following hedge funds to chop…

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Goldman, Morgan Stanley win dismissal of buyers’ Archegos lawsuits

admin2 years ago2 years ago04 mins

NEW YORK, March 31 (Reuters) – A U.S. decide on Friday dismissed seven lawsuits by buyers who accused Goldman Sachs…

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FDIC workout routines rights in First Residents, New York Group Financial institution shares

admin2 years ago03 mins

March 31 (Reuters) – Regulator Federal Deposit Insurance coverage Company (FDIC) exercised its fairness rights in First Residents BancShares Inc…

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Asia infrastructure financial institution says it will not get distracted by geopolitics

admin2 years ago05 mins

BOAO, China, March 31 (Reuters) – The Asian Infrastructure Funding Financial institution (AIIB) will follow its mandate as an apolitical…

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Unique: U.S. regulator seeks sale of Silicon Valley Financial institution, Signature Financial institution portfolios, sources say

admin2 years ago2 years ago05 mins

NEW YORK/WASHINGTON, March 31 (Reuters) – The Federal Deposit Insurance coverage Company (FDIC) has retained advisers to promote the securities…

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Timeline: Canada provides ultimate nod on C$20 bln Rogers-Shaw merger

admin2 years ago2 years ago01 mins

March 31 (Reuters) – Canada on Friday gave the ultimate approval for Rogers Communications Inc’s (RCIb.TO) C$20 billion ($15 billion)…

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