Bureau Veritas in talks to combine with Swiss testing firm SGS.
France’s Bureau Veritas is in talks to combine with Swiss testing and inspection company SGS (SIX:SGSN), the companies said on Wednesday. There can be […]
Morning Bid: Markets catch a break before inflation, earnings
LONDON, Jan 13 (Reuters) – The number of job vacancies in London’s financial sector dropped by almost a fifth in the last […]
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
JPMorgan Chase said Tuesday that Chief Operating Officer and President Daniel Pinto will step down from those roles in the coming months, setting off an […]
CFPB sues Capital One, alleges it misled consumers on savings rates
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out […]
China’s Banks Approve $196 Billion in Loans to Support New Home Delivery
Chinese banks have committed 1.4 trillion yuan ($196 billion) in loans to support more than 5,000 real estate projects that qualify for […]
Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years
Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall […]
Societe Generale leaves London Metal Exchange’s open-outcry trading floor
Societe Generale International (SOGN.PA), opens new tab will drop its membership of the London Metal Exchange’s open-outcry trading floor, the exchange said on Friday, […]
Deutsche Bank settles bulk of Postbank claims, but others hold out
Deutsche Bank (DBKGn.DE), opens new tab has more work to do to overcome its Postbank troubles even after announcing settlements with more than half […]
ECB has room for gradual rate cuts, Kazaks says
The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the […]
Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years
Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall […]
Dollar strikes back, Japan in spotlight
Japanese inflation and monetary policy are under the spotlight in Asian trading on Friday, as a mood of nervous anticipation descends on world […]
Swiss Re reports 17% rise in net profit, in line with expectations
Reinsurance company Swiss Re (SRENH.S), opens new tab said on Thursday that net profit rose 17% in the first six months of the year, […]