Tag: Finance
Deutsche Bank, BayernLB agree to settle $810 million U.S. suit
FRANKFURT (Reuters) - Deutsche Bank, Germany’s largest bank, and state-backed lender BayernLB have agreed to settle an $810 million lawsuit in connection with...
Goldman Sachs a final bidder for $1.6 billion Tokyo building: sources
TOKYO (Reuters) - A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch...
JPMorgan wins dismissal of Los Angeles lawsuit over mortgage lending
(Reuters) - JPMorgan Chase & Co has won the dismissal of a lawsuit by the City of Los Angeles accusing the largest U.S. bank...
Bischoff to become chairman of JPMorgan in Europe
LONDON (Reuters) - Win Bischoff, chairman of Britain’s accounting watchdog the Financial Reporting Council, will also become chairman of JPMorgan Chase’s (JPM.N) European arm...
BofA raises dividend for first time in 7 years- Reuters
(Reuters) - Bank of America Corp BAC.N said on Wednesday the Federal Reserve has approved its plan to raise its quarterly dividend for the...
Exclusive: Standard Chartered to scour records for money laundering, with penalty...
(Reuters) - Standard Chartered Plc will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity,...
Standard Chartered again in firing line of NY regulator- Reuters
NEW YORK/LONDON (Reuters) - Standard Chartered Plc (STAN.L) has warned it faces another fine from New York’s financial regulator for problems in its anti-money...
Exclusive: RBS confirms it’s considering sale of Coutts’ international arm
ZURICH/SINGAPORE (Reuters) - Royal Bank of Scotland (RBS.L) confirmed it was considering selling the international arm of its private bank, a deal one source...
Standard Chartered may face new penalty over failure to flag risky...
(Reuters) - Standard Chartered PLC (STAN.L) is back in the crosshairs of New York’s banking regulator over alleged failure to flag high risk transactions...
U.S. judge reluctantly approves SEC-Citigroup $285 million deal
NEW YORK (Reuters) - A U.S. judge on Tuesday reluctantly approved a $285 million fraud settlement between Citigroup Inc (C.N) and the U.S. Securities...