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By Kit Chellel, Bloomberg |
January 24, 2013
Former Barclays CEO Bob Dimond already visible, but total of 104 employees named in lawsuit also released.
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By Annette Weisbach |
January 22, 2013
Germany’s biggest bank was asked by the nation’s financial regulator to simulate a split of its consumer banking and trading businesses.
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By Michael J. Moore, Bloomberg |
January 18, 2013
Morgan Stanley, the top global equity underwriter last year, reported profit that beat analysts’ estimates as brokerage earnings more than doubled and margins from that unit surpassed the firm’s goal for this year.
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By Donal Griffin, Bloomberg |
January 17, 2013
Citigroup Inc., the third-biggest U.S. bank by assets, reported a profit increase that was less than analysts estimated as litigation costs rose and benefits from releasing loan-loss reserves declined.
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By Canaccord Genuity Morning Coffee |
January 17, 2013
Goldman Sachs posted a better than expected Q4 profit on improved trading and banking revenue, coupled with a reduction in compensation.
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By Gavin Finch, Lindsay Fortado and Liam Vaughan |
January 14, 2013
Royal Bank of Scotland may face as much as a 500 million pound ($804 million) fine next week to settle allegations traders tried to rig interest rates.
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By Fabio Benedetti-Valentini and Helene Fouquet, Bloomberg |
December 19, 2012
French Finance Minister Pierre Moscovici introduced a bill designed to force the country’s largest banks to fence off proprietary trading activities in dedicated units.
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By Laura Marcinek, Bloomberg |
December 18, 2012
Jefferies Group Inc., the investment bank that agreed to be acquired by Leucadia National Corp., said fiscal fourth-quarter profit rose 48 percent, beating analysts’ estimates, as trading revenue surged.
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By Maud van Gaal, Bloomberg |
December 17, 2012
ABN Amro Group NV, the Dutch bank nationalized in 2008, is eliminating 40 jobs after closing its Delta One Arbitrage equity-derivatives division to reduce risk.
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By Yalman Onaran and Christine Harper, Bloomberg |
December 14, 2012
More than two dozen foreign banks with at least $50 billion of global assets would face stricter U.S. capital rules under a Federal Reserve plan that’s aimed at lowering risks to the financial system.