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The move by the European bank regulator is a policy shift as profitability at the region's banks continues to suffer from negative rates; the German bank paid $1.1 million to win business from a senior Saudi royal.
January 27 -
The changes will mean a bigger gap between the best and worst borrowers; the bank will require companies they take public to have a ‘diverse’ board member.
January 24 -
Bank for International Settlements report says central banks don't have tools to handle climate change; banks could face different CRA rules.
January 23 -
Citi, Goldman chiefs say they won’t be pressured to stop financing companies based on carbon footprint; Vodafone bolts from Facebook’s digital currency project.
January 22 -
Moynihan says the bank’s consumer market share could be doubled; retail terminals would connect customer’s hand print with their card information.
January 21 -
The investment bank is raising its return on equity target following a record earnings year; Democrat lawmakers say JPMorgan's response on racial discrimination questions was inadequate.
January 17 -
Morgan Stanley’s profits rose 46%; the deal pressures China to open its financial services sector to U.S. firms.
January 16 -
JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.
January 15 -
Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.
January 14 -
Profits at big banks are expected to be up versus a year ago but down from the third quarter; add antiquated systems to the bank’s many problems.
January 13