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…
US
Read More
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…
Unique: U.S. sanctions authority probes Raiffeisen on Russia
FRANKFURT/VIENNA, Feb 17 (Reuters) – The US’ sanctions authority has launched an inquiry into Raiffeisen Financial institution Worldwide (RBIV.VI) over…
Evaluation: Spain’s new restructuring regulation is being put to the take a look at, quick
Spain’s new restructuring regulation faces looming take a look at Celsa caught between collectors and shareholders Profitable consequence seen lifting…
Barclays shares tumble 9% as revenue disappoints
Prices surge by greater than 1 / 4 over full yr Returns plunge at funding financial institution, bonus pool shrinks…
Barclays docks execs’ pay by 1 million kilos over regulatory failures
LONDON, Feb 15 (Reuters) – Barclays (BARC.L) has docked the pay of some high executives by a mixed 1 million…
As ChatGPT’s reputation explodes, U.S. lawmakers take an curiosity
WASHINGTON, Feb 13 (Reuters) – ChatGPT, a fast-growing synthetic intelligence program, has drawn reward for its skill to write down…