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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

October 16, 2016 by · Leave a Comment 

The documents showed comments by Clinton during question-and-answer sessions with Goldman Sachs Chief Executive Lloyd Blankfein and Tim O'Neill, the bank's head of investment management, at three separate events in 2013 in Arizona, New York and South Carolina. Some excerpts of Clinton's speeches had already been released.

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

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Wells Fargo CEO forfeits millions as board orders review

September 28, 2016 by · Leave a Comment 

(Reuters) – Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank's sales practices. Carrie Tolstedt, the former head of the retail division at the center of a burgeoning sales scandal, has left the company ahead of her planned Dec. 31 retirement date, will get…

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Wells Fargo CEO forfeits millions as board orders review

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Wells Fargo CEO forfeits millions as board orders review

September 28, 2016 by · Leave a Comment 

(Reuters) – Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank'…

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Wells Fargo CEO forfeits millions as board orders review

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China to use tougher environmental standards to tackle capacity glut

August 13, 2016 by · Leave a Comment 

China will use the stricter enforcement of environmental, safety and energy efficiency standards as well as tougher credit controls to help fight against overcapacity in key industrial sectors, the government said. The world's second-largest economy has identified overcapacity as one of its key challenges and it has already pledged mass closures in the steel and coal sectors, but it has so far fallen behind on …

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China to use tougher environmental standards to tackle capacity glut

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Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei

August 13, 2016 by · Leave a Comment 

Japan's financial watchdog estimates that negative interest rates under the Bank of Japan's monetary easing policy will reduce profits for the country's three big banks by at least 300 billion yen ($2.96 billion) for the year…

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Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei

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Citigroup fails to halt AT&T use of ‘thanks’

August 12, 2016 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – A judge on Thursday rejected Citigroup Inc's bid for a preliminary injunction to stop AT&T Inc from using the phrase “AT&T thanks” on a customer loyalty program, which the bank called too similar to its trademarked “thankyou.” U.S. District Judge Katherine Forrest in Manhattan said Citigroup has not shown that customers would likely be confused, or that it would suffer irreparable harm, if AT&T kept saying “AT&T thanks” while the bank&#…

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Citigroup fails to halt AT&T use of ‘thanks’

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Growth snapshots ahead in world awash with cheap money

August 6, 2016 by · Leave a Comment 

By Jonathan Cable LONDON (Reuters) – Bumper July jobs data from the United States have again begun to stoke expectations of a September rate hike from the Federal Reserve, just when other major central banks around the globe are unleashing ever-looser policy. New Zealand's central bank is also expected to join the easing brigade with a cut on Thursday. Slow growth and virtually non-existent euro zone inflation will also force the European Central Bank to extend and expand…

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Growth snapshots ahead in world awash with cheap money

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Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

June 29, 2016 by · Leave a Comment 

By David Henry and Patrick Rucker NEW YORK/WASHINGTON (Reuters) – U.S. bank subsidiaries of Deutsche Bank AG and Banco Santander SA yet again failed the Federal Reserve's stress test on Wednesday due to “broad and substantial

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Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

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Exclusive: EU set to clear unconditionally Marriott, Starwood deal – source

June 14, 2016 by · Leave a Comment 

U.S. hotel chain Marriott International is on track to win unconditional EU antitrust approval for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc , a person familiar with the matter said on Tuesday. The deal, currently worth $12.5 billion, will put Marriott's brands including the Ritz-Carlton and Starwood's Sheraton and Westin…

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Exclusive: EU set to clear unconditionally Marriott, Starwood deal – source

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Exclusive: ECB would pledge to backstop markets after a Brexit – sources

June 14, 2016 by · Leave a Comment 

By John O'Donnell and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters. Such an announcement from the ECB would come on June 24 if an …

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Exclusive: ECB would pledge to backstop markets after a Brexit – sources

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