banking industry
The Latest
-
Credit Suisse Chief Operating Officer Quits Amid Spying Scandal
Credit Suisse COO Pierre-Olivier Bouee exited the company after it was found out that he had hired private investigators to follow the bank's former head of wealth management, Iqbal Khan. Credit Suisse COO Pierre-Olivier Bouee exited the company after it was found out that he had hired private investigators to follow the bank's former head of wealth management, Iqbal Khan. -
Wells Fargo Names Charles Scharf As Tim Sloan's Replacement
Wells Fargo announced that it has hired former JPMorgan executive and VISA CEO Charles Scharf as its new chief executive. Wells Fargo announced that it has hired former JPMorgan executive and VISA CEO Charles Scharf as its new chief executive. -
US Goldman Sachs Taking Advantage Owning Majority Stakes Of Its Banking Operations In China
Following in the footsteps of competitors like UBS Group AG, Goldman Sachs wants to have full control of its bank in China. Following in the footsteps of competitors like UBS Group AG, Goldman Sachs wants to have full control of its bank in China. -
European Digital Banks N26 And Monzo To Enter US Market
Germany's N26 and UK's Monzo have revealed plans of expanding into the United States by offering their online-only banking services. Germany's N26 and UK's Monzo have revealed plans of expanding into the United States by offering their online-only banking services. -
Warren Buffett Raises Stake In Bank Of America To $29 Billion
Warren Buffett's Berkshire Hathaway has increased its stake in the Bank of America to more than 10 percent, or more than $29 billion. Warren Buffett's Berkshire Hathaway has increased its stake in the Bank of America to more than 10 percent, or more than $29 billion. -
Deutsche Bank Loses $3.5 Billion In Q2 As Result Of Overhaul
Deutsche Bank reported a staggering $3.5 billion loss for the second quarter of the year, mainly due to expenses related to its massive overhaul. Deutsche Bank reported a staggering $3.5 billion loss for the second quarter of the year, mainly due to expenses related to its massive overhaul. -
Goldman Stocks Jump Following Forecast-Beating Q2 Earnings Report
Goldman Sachs managed to beat analysts' expectations for its second-quarter report despite experiencing slight drops in both revenues and earnings. Goldman Sachs managed to beat analysts' expectations for its second-quarter report despite experiencing slight drops in both revenues and earnings. -
Deutsche Bank Stock Continue To Drop Amid Overhaul Doubts
Deutsche Bank share prices continue to drop as doubts over its planned business overhaul looms over its shareholders and investors. Deutsche Bank share prices continue to drop as doubts over its planned business overhaul looms over its shareholders and investors. -
Deutsche Bank Stock Continue To Drop Amid Overhaul Doubts
Deutsche Bank share prices continue to drop as doubts over its planned business overhaul looms over its shareholders and investors. Deutsche Bank share prices continue to drop as doubts over its planned business overhaul looms over its shareholders and investors. -
Deutsche Bank To Restart Operations With Massive European Business Overhaul
Deutsche Bank is planning to cut more than 18,000 jobs as part of its massive European business overhaul estimated to cost the company around $8.3 billion. Deutsche Bank is planning to cut more than 18,000 jobs as part of its massive European business overhaul estimated to cost the company around $8.3 billion.