TECHS-NEWS.COM: World News - Latest of The Day 18:45, 2019-07-11

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: Wall Street Journal

The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday....

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: Wall Street Journal

Source: reuters.com

Justice Department probing Deutsche Bank’s dealings with Malaysia’s 1MDB The US Justice Department is investigating whether Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday. The news comes after the bank announced plans to scrap its global equi...
18:30, 2019-07-11

Apple moves Mac Pro production to China from U.S.: Wall Street Journal Apple Inc is shifting manufacturing of its new Mac Pro desktop computer to China from the United States, the Wall Street Journal reported on Friday, citing people familiar with the matter....
00:00, 2019-06-29

U.S. says Saudi pipeline attacks originated in Iraq: Wall Street Journal Drone attacks on Saudi Arabia's oil industry in May originated in Iraq, not Yemen, U.S. officials have concluded, drawing questions from Iraqi officials who have asked Washington for more information supporting the claim, the Wall Street Journal reported on Friday....
23:15, 2019-06-28

This Wall Street Journal story about the gilded underworld of “site selectors,” the consultants who This Wall Street Journal story about the gilded underworld of “site selectors,” the consultants who help corporations milk state and local governments for subsidies, is an excellent demonstration of why the entire practice should be illegal....
16:30, 2019-05-21

T-Mobile-Sprint talks slow over Dish ownership: Wall Street Journal Negotiations to complete the merger of T-Mobile US Inc and Sprint Corp are dragging on, as the parties haggle over ownership restrictions and other conditions for Dish Network Corp once it gets assets from the wireless companies, the Wall Street Journal reported on Thursday....
18:45, 2019-07-11

North Korean leader's slain half-brother was a CIA informant: Wall Street Journal Kim Jong Nam, the half-brother of North Korean leader Kim Jong Un who was killed in Malaysia in 2017, had been an informant for the U.S. Central Intelligence Agency, the Wall Street Journal reported on Monday....
05:45, 2019-06-11

1MDB: Wolf of Wall Street producer charged with embezzling millions Riza Aziz, stepson of former Malaysian PM Najib Razak, accused of receiving $248m into Swiss bank accountsThe Wolf of Wall Street producer Riza Aziz, who is the stepson of former Malaysian prime minister Najib Razak, has been charged with embezzling millions of dollars from the Malaysian government....
06:45, 2019-07-05

‘Wolf of Wall Street’ Producer Charged in Malaysia’s 1MDB Scandal (KUALA LUMPUR, Malaysia — “The Wolf of Wall Street” producer and stepson of Malaysia’s former prime minister pleaded not guilty on Friday to laundering $248 million from a state investment fund, becoming the third person in his family charged in the 1MDB scandal that helped e...
12:00, 2019-07-05

U.S. startup accuses Huawei executive of involvement in trade-secrets theft: Wall Street Journal A Silicon Valley chip startup has accused a top executive of China's Huawei Technologies Co Ltd, Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, the Wall Street Journal reported on Wednesday, citing court documents....
21:30, 2019-05-24

Trump to issue executive order seeking transparency on healthcare costs: Wall Street Journal U.S. President Donald Trump plans to issue an executive order on Monday asking health insurers and doctors to disclose new details about healthcare costs, in an attempt to improve price transparency, the Wall Street Journal reported on Thursday, citing people familiar with the matter....
01:30, 2019-06-21

‘Wolf of Wall Street’ producer charged with money laundering in 1MDB scandal Malaysia on Friday charged one of the producers of the film “The Wolf of Wall Street,” and stepson of the former prime minister, with money laundering, alleging he misappropriated $248 million linked to state fund 1Malaysia Development Berhad (1MDB). Riza Aziz, a co-founder of the Hollywood producti...
19:15, 2019-07-05

'Wolf of Wall Street' producer charged with 1MDB money laundering in Malaysia Malaysia on Friday charged one of the "Wolf of Wall Street" film producers, and stepson of former prime minister Najib Razak, with money laundering, alleging he misappropriated $248 million linked to state fund 1Malaysia Development Berhad (1MDB)....
05:15, 2019-07-05

'The Wolf of Wall Street' Leads to 1MDB Arrest of Ousted Malaysian Leader's Stepson Antigraft authorities arrested former Malaysian Prime Minister Najib Razak’s stepson, who co-founded the company that produced “The Wolf of Wall Street,” months after the ousted leader was charged in connection to a multibillion-dollar financial scandal that helped topple his government....
19:30, 2019-07-04

Banks boost Wall Street with G20 in focus U.S. stocks rose on Friday, as big banks gained after clearing the Federal Reserve's stress test, while investors kept a watch on the G20 summit where a meeting between Presidents Donald Trump and Xi Jinping could lay the groundwork to resolve their trade dispute....
20:00, 2019-06-28

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence Deutsche Bank has had talks with Citigroup, BNP Paribas and others that could involve selling or transferring parts of its once-prized equities business, including operations that serve hedge funds and other big trading customers....
02:45, 2019-07-03

Wall Street banks bailing on troubled U.S. farm sector In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
18:45, 2019-07-11

Deutsche lifted by Fed stress test pass in boost to Wall Street operation Deutsche Bank's shares rose by as much as 4.8% on Friday after Germany's biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its beleaguered Wall Street operations....
15:15, 2019-06-28

Deutsche Bank removes a trio of massive and expensive paintings from its Wall Street lobby Andrew Kelly/Reuters Deutsche Bank removed three abstract paintings by German artist Gerhard Richter from its New York office's lobby, Bloomberg reports. The paintings are estimated to be worth between $12 million and $30 million. A bank spokesman declined to say whether the paintings were sold. Th...
10:30, 2019-07-16

Wall Street banks are bailing on troubled American farmers amid US-China trade war In the wake of the US housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
02:00, 2019-07-12

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate Germany’s biggest bank....
03:45, 2019-07-11

Deutsche Bank 'faces US investigation' over work for Malaysia's 1MDB fund Justice officials looking at whether bank broke foreign corruption or money-laundering laws, Wall Street Journal saysUS officials are investigating whether the crisis-hit Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for the Malaysian state fund 1MDB, according ...
14:45, 2019-07-11

Bond Fight Pits Main Street Against Wall Street A rebellion is brewing in the $9 trillion corporate-bond market, as an unlikely alliance of municipal treasurers, algorithmic-trading specialists and individual investors fight a Securities and Exchange Commission proposal they say would unfairly benefit firms that have long dominated the bond world...
21:01, 2019-06-27

Wall St Week Ahead-Halfway through 2019, tech leads on Wall Street Technology stocks are Wall Street's top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and chipmakers face turbulence related to the U.S.-China trade war....
22:00, 2019-06-28

Wall St. slips; banks fall with prospect of rate cut, energy drops Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices....
03:30, 2019-06-13

Wall Street rebounds on U.S. rate cut hopes U.S. stocks rallied on Tuesday, with the S&P 500 set for its biggest one-day gain in five months, after Federal Reserve Chair Jerome Powell said the central bank would act "as appropriate" to address trade war risks, leaving the door open for a possible rate cut....
22:00, 2019-06-04

Wall Street Is Losing Faith in Tesla As Tesla’s shares drop, once-bullish analysts and investors are souring on Elon Musk’s company, potentially cutting it off from the capital it needs to survive....
10:30, 2019-05-22

Wall Street rebounds on rate-cut hopes U.S. stocks rallied on Tuesday, with the S&P 500 on track to erase losses from a two-day selloff, after Federal Reserve Chair Jerome Powell said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut....
20:45, 2019-06-04

Wall Street soars on U.S. rate cut hopes Wall Street's three major indexes rallied on Tuesday to clock their biggest one-day gains in five months after Federal Reserve Chair Jerome Powell left the door open for a possible rate cut....
23:30, 2019-06-04

Tech gains keep Wall Street afloat U.S. stocks eked out gains on Tuesday, helped by technology stocks, but the likelihood of a protracted trade war between the United States and China kept investors on the sidelines....
19:01, 2019-05-28

Faith in the Fed nudges Wall Street higher Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year....
00:30, 2019-06-18

Here are three reasons why a Fed rate cut won't save Wall Street Senior economists from both political parties say a rate cut may not work that smoothly even if the Fed says yes. And that poses risks to America's decade-long recovery as the 2020 presidential election draws nearer....
04:15, 2019-06-15

Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs The S&P 500 and the Dow Jones Industrial Average hit fresh record highs on Friday, as the indexes continued a strong run for the week on hopes of an interest rate cut this month, while investors waited for the start of the corporate earnings season....
18:00, 2019-07-12

Wall Street rallies on Mexico relief, M&A cheer Wall Street's main indexes gained on Monday, after the United States abandoned its plans to impose tariffs on Mexican goods, while a multi-billion dollar deal in the industrial space added to the upbeat sentiment....
19:00, 2019-06-10

How a Wall Street banker escaped the grind and wrote a novel Meet Allegra Cobb. Her life is a mess, and you can blame most of it on her job. Like many bankers who are just starting out, Allegra works gruelling hours every week, seldom leaves the office before 10 p.m., and is perpetually on call. There’s little opportunity for the Noho resident to date, hang o...
23:15, 2019-07-07

Wall Street set to open higher on hopes of accommodative Fed Wall Street's main indexes were set to open higher on Tuesday, as more dovish calls from the European Central Bank lifted expectations of a similar accommodative stance from the Federal Reserve....
15:30, 2019-06-18

Wall Street Chiefs' Pay Doesn't Sync With Returns Wall Street companies delivered significant losses to their shareholders last year, but the pain didn’t spread to the top. The chiefs of banking and financial institutions in the S&P 500 received a median raise of 8.5% last year, compared with 5.6% for CEOs in the broader index, according to a Wall ...
18:15, 2019-07-08

| Wall collapses killing six street children in Uganda Six street children who were sleeping in a storm drain next to an elite school in the Ugandan capital have been killed after a wall fell on them, police say....
19:15, 2019-06-27

Bang-up week on Wall Street ends with a whimper Wall Street edged lower on Friday, as U.S. Vice President Mike Pence's decision to defer a speech on China policy increased optimism on upcoming trade talks between Washington and Beijing, while tensions between the United States and Iran undercut sentiment....
15:45, 2019-06-22

Beyond Meat top choice for Wall Street after bullish results Shares of Beyond Meat Inc surged 27% on Friday after the vegan burger maker forecast that sales would more than double overall in 2019 after they tripled in the first quarter....
16:30, 2019-06-07

Wall Street slumps over Trump's Mexico tariffs Stocks on Wall Street tumbled after the announcement of fresh US tariffs on Mexico. The news also caused the Mexican peso to plunge in the foreign exchange market....
00:00, 2019-06-01

Wall Street would rather you didn’t bring your pets to work The bulls and bears are taking a big beating on Wall Street — by the dog sector. Bankers, money managers and traders mostly pooh-poohed the parade of pets who accompanied other employees to work last week, celebrating National Pet Week across America. The furry-companion celebration was begun by Pet...
14:30, 2019-06-23

Wall Street dips as rate cut expectations relax U.S. stocks dipped on Friday, as the S&P 500 snapped a three-day streak of record closes, following an unexpectedly strong U.S. payrolls report that led investors to reassess how dovish a stance the Federal Reserve may take at its next meeting....
00:45, 2019-07-06

Wall Street drops as Apple slumps, Fed eyed U.S. stocks fell on Monday as Apple Inc shares dropped following a broker downgrade and investors continued to weigh chances of an aggressive interest rate cut by the Federal Reserve later this month....
22:15, 2019-07-08

Things Were Going Great for Wall Street. Then the Trade War Heated Up. Stocks fell more than 6 percent in May, as threats to the global economy seemed to proliferate by the week, with tariffs rising and talks yielding no meaningful results....
00:01, 2019-06-01

Wall Street tumbles over 1% on trade, growth fears U.S. stock indexes fell more than 1% on Thursday, as investors sold off technology, industrials and energy stocks on fears that a spiraling trade war between the United States and China would crimp global growth....
18:45, 2019-05-23

Wall Street rises on Mexico relief, Dow up a sixth day U.S. stocks extended their recent climb on Monday, with the Dow reaching its longest daily winning streak in 13 months after the United States dropped plans to impose tariffs on Mexican goods and a couple of multibillion-dollar deals boosted the market....
04:15, 2019-06-11

Wall Street looks to earnings after strongest June in decades On the heels of the S&P 500's best June performance in more than six decades, investors are anxious to see whether earnings can justify further gains as the largest U.S. companies open their books in the coming weeks....
20:30, 2019-07-02

Best Buy first-quarter earnings beat Wall Street expectations Best Buy's first-quarter earnings have beat Wall Street expectations. Net income was 98 cents per share.        ...
01:15, 2019-05-24

Wall Street just scored another big victory from Trump’s administration The SEC rule requires brokers to put their customers’ financial interest ahead of their own. But consumer advocates say it is not written strongly enough to prevent conflicts of interest....
21:45, 2019-06-05

Wall Street treads water after recent rally U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China....
22:45, 2019-06-11

Wall Street wraps up its best June in decades as G20 convenes Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing the book on their best June in generations, ahead of much-anticipated trade talks between U.S. President Donald Trump and Chinese counterpart Xi Jinping at the G20 summit now underway in Japan....
04:15, 2019-06-29

Wall Street slides to end May brutalized by trade jitters U.S. stocks dropped on Friday, with the S&P 500 suffering its worst May performance since 2010, after President Donald Trump's surprise threat of tariffs on Mexico fueled fears that his trade war on multiple fronts could lead to a recession....
22:30, 2019-05-31

Halfway through 2019, tech leads on Wall Street Technology stocks are Wall Street's top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and chipmakers face turbulence related to the U.S.-China trade war....
23:15, 2019-06-28

Wall Street Isn't Buying What Silicon Valley Is Selling Venture capitalists who pumped billions into the largest startups bet that the stock market would embrace them too. Public investors have been less than charmed....
08:00, 2019-05-25

Rahm Emanuel, Ex-Chicago Mayor, Is Going to Wall Street Former Chicago mayor and longtime Democratic operative Rahm Emanuel is joining Centerview, a boutique investment bank, as a counselor to large firms....
22:45, 2019-06-05

Bitcoin 20 percent spike puzzles Wall Street Bitcoin is back — and even bulls are befuddled. The controversial cryptocurrency surged more than 20 percent on Wednesday — briefly climbing as high as $13,879.24 in the afternoon — as investors scratched their heads over what might be driving the eye-popping rally. Bitcoin had dropped nearly $2,000...
03:45, 2019-06-28

Dow futures higher as Wall Street's rally looks set to continue U.S. stock index futures were higher Thursday morning as Wall Street's rally on hopes of an imminent rate cut from the Federal Reserve looked set to continue....
10:15, 2019-06-06

Wall Street may need to worry about Trump impeachment talk President Trump declared legislative negotiations will grind to a halt until Democrats drops their investigations of him. As soon as late summer, according to Treasury Secretary Steven Mnuchin, the federal government will exhaust its borrowing authority unless Trump and Congress can agree to lift th...
17:45, 2019-05-23

Global Stocks Follow Wall Street Lower Global stocks dropped on Wednesday, a day after Wall Street indexes broke a weeklong winning streak amid lingering trade tensions and questions over the direction of Federal Reserve policy....
10:15, 2019-06-12

Tesla forecasts turn bearish on Wall Street as Q2 nears end Worries about demand for Tesla's vehicles have dominated investor sentiment this year, and the shares have fallen nearly 34 percent so far in 2019....
20:01, 2019-06-20

Frackers Scrounge for Cash as Wall Street Closes Doors The companies behind the U.S. fracking boom are turning to asset sales, drilling partnerships and other alternative financing to supplement their cash flow....
20:45, 2019-06-07

Wall Street split on Tesla 2019 delivery promises Tesla Inc shares rose almost 3% in early trade on Wednesday, with analysts still divided on the electric-car maker's chances of meeting delivery and production targets in the months ahead, after comments by Chief Executive Officer Elon Musk at an annual shareholder meeting....
14:45, 2019-06-12

Wall Street rises as investors cheer Fed rate cut signal The S&P 500 approached its record high on Wednesday after the Federal Reserve signaled potential U.S. interest rate cuts later this year, reassuring investors worried that the U.S.-China trade war could stall economic growth....
22:30, 2019-06-19

Stocks approach record as Fed soothes Wall Street's fears The S&P 500 approached a record high on Wednesday after the Federal Reserve signaled potential interest cuts later this year, reassuring investors worried that the U.S.-China trade war could stall economic growth....
23:15, 2019-06-19

Risks to Wall Street's rally abound despite record high The benchmark S&P 500 index hit a record high on Thursday as an almost giddy euphoria over the prospects of a U.S. interest rate cut fueled the appetite for equities, but there are plenty of pitfalls that could throw the stock market off course....
06:00, 2019-06-21

Trump’s Trade War Has Wall Street Forecasts Frozen in Place With zero certainty about what lies ahead, analysts are standing pat on earnings forecasts. If they start to cut targets, stocks could be in for a dive....
12:45, 2019-06-11

Wall Street Rallies on Rate Cut Hopes, Trade Optimism Wall Street's main indexes rose about 1% on Friday, as a sharp slowdown in U.S. job growth raised hopes of an interest rate cut, with Washington's decision to delay tariffs on Chinese goods adding to the upbeat mood....
20:45, 2019-06-07

Trump's tariff threat on Mexico rattles Wall Street U.S. stocks fell broadly on Friday, hit by fears that President Donald Trump's shock threat of tariffs on Mexico could prove the trigger that pushes the world's largest economy into recession....
17:15, 2019-05-31

Trump's tariff threat on Mexico slams Wall Street U.S. stocks fell on Friday after President Donald Trump's shock threat of tariffs on Mexico fueled fears that escalating trade wars could push the world's largest economy into recession....
21:00, 2019-05-31

UPDATE 1-Wall Street looks to earnings after strongest June in decades On the heels of the S&P 500's best June performance in more than six decades, investors are anxious to see whether earnings can justify further gains as the largest U.S. companies open their books in the coming weeks....
00:15, 2019-07-03

Trade tensions keep Wall Street lower ahead of Fed minutes U.S. stocks dipped on Wednesday, as reports that Washington could impose restrictions on another Chinese technology company fanned trade tensions, while investors awaited the release of minutes from the Federal Reserve's latest policy meeting....
20:30, 2019-05-22

UPDATE 3-PetSmart's Chewy gets Wall Street tails wagging with $1 bln IPO Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 billion....
03:30, 2019-06-14

Tesla Model 3 deliveries beat Wall Street targets Tesla Inc beat expectations for deliveries of its Model 3 sedan in the second quarter, a performance that could ease concerns about demand for the new electric sedan....
23:30, 2019-07-02

Wall Street bounces as Huawei reprieve sparks rally U.S. stock indexes rose in a broad-based rally on Tuesday, as Washington's decision to temporarily ease curbs on China's Huawei Technologies allayed concerns over a further escalation in trade war between the two countries....
17:45, 2019-05-21

Ex-Wall Street Lawyer Advocates Return of Postal Banking As a young Wall Street attorney, Mehrsa Baradaran helped large banks turn to the government to survive the financial crisis. A decade later, she is advocating a return of banking through the post office....
15:15, 2019-06-01

PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 billion....
07:15, 2019-06-14

Wall Street set for subdued open after mixed bank reports U.S. stock indexes were set for a muted open on Tuesday after a set of mixed quarterly reports from Wall Street banks JPMorgan Chase, Goldman Sachs and Wells Fargo....
15:45, 2019-07-16

How an Obama Fed appointee is scuttling Wall Street's bid to ease rules As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank's board. Over the past year, she has used it to combat the Trump administration's efforts to ease rules for Wall Street....
19:15, 2019-06-14

Wall Street closes at record highs before Fourth of July US stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a more dovish turn as a raft of data provided more evidence of a slowing economy. Data on Wednesday showed the US trade deficit jumped to a five-month high w...
21:15, 2019-07-03

Wall Street rises with hope of Mexican tariff delay Wall Street's main indexes added to gains in a choppy session on Thursday, as investors showed some optimism on trade after Bloomberg reported that the United States is considering delaying imposing tariffs on Mexican imports....
21:45, 2019-06-06

Stocks in Asia slide following overnight slip on Wall Street Investors will be watching out for market reaction from Hong Kong's Hang Seng index. It closed 1.73% lower on Wednesday, amid violent clashes between protesters and riot police over a controversial extradition bill....
02:30, 2019-06-13

Dow slides more than 300 points as global trade war weighs on Wall Street U.S. stocks fell broadly Wednesday on Wall Street as investors shifted more money into the safety of bonds. The Dow was down more than 300 points        ...
22:45, 2019-05-29

Wall Street rises with hopes of Mexican tariffs delay Wall Street's main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports....
01:15, 2019-06-07

Wall Street trims gains after Kudlow's trade comments U.S. stocks pared early gains on Thursday, with the S&P 500 hitting a session low, after hopes of a trade deal were dented by White House economic adviser Larry Kudlow's comment that Washington may move ahead with more tariffs on Chinese goods....
20:00, 2019-06-27

Global Stocks Nudge Higher After Wall Street Surge Stocks around the world edged up following a surge on Wall Street, after Federal Reserve officials hinted at the possibility of lowering interest rates to boost the economy....
11:45, 2019-06-05

Asia stocks higher following overnight Wall Street gains Shares in Asia were higher in Wednesday morning trade following a positive finish overnight on Wall Street, though trade tensions continued to linger between the U.S. and China....
03:01, 2019-05-22

Wolf of Wall Street producer arrested on money-laundering charges In Malaysia, Riza Aziz – ex-PM Najib Razak’s stepson – was detained then released on bail Malaysia’s anti-corruption agency has arrested former prime minister Najib Razak’s stepson, a Hollywood producer who counts Martin Scorsese’s The Wolf of Wall Street among his credits.Riza Aziz was detained on ...
04:00, 2019-07-05

Wall Street subdued as rate cut bets temper trade tensions U.S. stocks eked out gains in choppy trading on Thursday, as hopes of an interest rate cut outweighed fears of a flare up in U.S.-China trade tensions after comments from President Donald Trump....
19:00, 2019-06-06

Anthony Weiner spotted brunching with mystery woman on Wall Street Sext-ual predator Anthony Weiner chatted about art during a cozy meal with a younger brunette at a Wall Street brunch spot early Saturday afternoon. The disgraced ex-congressman appeared friendly and at ease with his mystery date inside a packed Westville, leaning in close to talk face-to-face. But ...
03:45, 2019-06-30

Wall Street slips as trade tensions fuel slowdown fears The S&P 500 and the Nasdaq fell to their two-month lows on Wednesday after China signaled readiness to escalate the trade war with the United States, triggering fears of a long, drawn-out dispute that could weigh on global growth....
17:30, 2019-05-29

Nike just missed Wall Street's profit expectations for the first time in 27 quarters (NKE) AP/Mary Altaffer Nike shares slipped late Thursday after the company reported fourth-quarter earnings. Wall Street has maintained its overwhelmingly bullish view on the shoe giant amid investors' fears around business in China, where the broader economy is slowing. A declining number of retailers ...
00:45, 2019-06-28

US STOCKS SNAPSHOT-Wall Street opens higher for second day on rate cut hopes U.S. stocks rose at the open on Wednesday after a report showed smallest monthly private jobs growth in May since 2010, raising bets that the central bank would lower interest rates to counter any economic slowdown....
17:30, 2019-06-05

Wall Street rises on rate-cut hopes, China tariff delay U.S. stocks extended gains in a broad-based rally on Friday, as a sharp slowdown in May domestic job growth raised hopes of an interest rate cut, while the United States' decision to delay tariffs on Chinese goods lifted the mood....
16:30, 2019-06-07

Hot tech sector, Wall Street drive record Manhattan leasing A boom on Wall Street and a thriving technology sector have pushed the unemployment rate in Manhattan to record lows and propelled office leasing activity to its best first six months of a year in a quarter century, brokerage data shows....
22:15, 2019-07-10

US STOCKS SNAPSHOT-Wall Street drops as Apple slumps, Fed eyed U.S. stocks fell on Monday as Apple Inc shares dropped following a broker downgrade and investors continued to weigh chances of an aggressive interest rate cut by the Federal Reserve later this month....
23:01, 2019-07-08

US STOCKS SNAPSHOT-Wall Street slides to end May brutalized by trade jitters U.S. stocks dropped on Friday, with the S&P 500 suffering its worst May performance since 2010, after President Donald Trump's surprise threat of tariffs on Mexico fueled fears that his trade war on multiple fronts could lead to a recession....
22:15, 2019-05-31

US STOCKS SNAPSHOT-Wall Street gains on Mexico tariff relief U.S. stocks extended their recent climb on Monday, with the Dow reaching its longest daily winning streak in 13 months, after the United States dropped plans to impose tariffs on Mexican goods and following a couple of multibillion-dollar deals....
00:00, 2019-06-11

‘Wall Street’ producer lists Upper East Side penthouse for $9.75M Edward Pressman, who famously produced the 1987 film “Wall Street” (as well as more than 80 others), is putting his Upper East Side penthouse on the market for $9.75 million. The late Sylvia Miles, who passed away this month, played Charlie Sheen’s real estate broker Dolores in the film and its 2010...
02:30, 2019-06-20

Wall Street Donors Are Swooning for Mayor Pete. (They Like Biden and Harris, Too.) Joe Biden, Pete Buttigieg and Kamala Harris are generating the most buzz, but for different reasons. Hometown candidates like Kirsten Gillibrand and Bill de Blasio are stirring less excitement....
12:45, 2019-06-16

Wall Street ends down; Broadcom warning hits chip stocks U.S. stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to U.S.-China trade worries....
08:00, 2019-06-15

Here are the most-loved stocks on Wall Street, including Amazon and a little-known energy company Amazon and little known energy company Diamonback Energy are the only two stocks in the S&P 500 with all buy ratings from Wall Street analysts, according to FactSet....
18:15, 2019-06-13

Actually Ford Needs More Layoffs Despite Surging Truck Profits, Wall Street Analyst Says A Wall Street analyst says Ford needs more cuts despite making billions off F-Series truck sales, Daimler’s Zetsche says auf wiedersehen, and Michigan gives a big tax break to Jeep for its Detroit plant and more for The Morning Shift of Wednesday, May 22, 2019....
16:30, 2019-05-22

Wall Street flat as Citi results weigh on bank shares Wall Street's three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins....
18:15, 2019-07-15

Wall Street expects a Trump win in 2020, but a new poll points to a different outcome The Quinnipiac Poll showed the top Democratic candidate, former Vice President Joe Biden, leading Trump by a double-digit margin in a potential 2020 matchup. But it also found that five other Democratic contenders leading the president as well....
22:30, 2019-06-11

Wall Street nears record as mood on trade again turns optimistic Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year....
22:45, 2019-06-18

Wall Street finds blockchain hard to tame after early euphoria Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it "a milestone in the global financial sector."...
12:45, 2019-07-16

Wall Street stocks climb, dollar drops on rate-cut optimism U.S. stocks edged higher and the dollar fell as hopes rose for an imminent interest-rate cut, while oil futures were little changed as supply worries triggered by a tropical storm were offset by signs of a global surplus for several months....
19:00, 2019-07-12

Wall Street watchdog to boost transparency about using 'cooperation' for penalty reductions Wall Street's industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a reduced penalty in exchange for so-called "extraordinary cooperation."...
18:45, 2019-07-11

Wall Street slips after mixed bank earnings, Trump comments U.S. stock indexes edged lower on Tuesday as results from Wall Street's big lenders rekindled concerns about banks coming under pressure to boost profits when the Federal Reserve is seen cutting interest rates as early as this month....
18:45, 2019-07-16

FOCUS-Wall Street finds blockchain hard to tame after early euphoria Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it "a milestone in the global financial sector."...
12:15, 2019-07-16

Wall Street Weekahead: Struggles of transport stocks transmit caution to market Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling....
12:30, 2019-06-02

Trump is Wall Street's favorite in 2020, but his reelection prospects look bad in state polls But a look at state-by-state data clarifies the scale of Trump's challenge. As the president tries to rally supporters at a 2020 kickoff rally in Orlando on Tuesday, he is fighting from behind....
00:30, 2019-06-19

Wall Street Weekahead: Trade protection doesn't have to exclude growth stocks The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China....
11:00, 2019-05-26

Wall Street Week Ahead: Investors eye G20 with hopes for U.S.-China trade detente All eyes will be on U.S. President Donald Trump and China's President Xi Jinping next week as investors are desperate for any signs of a thaw in U.S.-China relations even if it shifts expectations for much awaited Federal Reserve interest rate cuts....
15:45, 2019-06-22

GLOBAL MARKETS-Asia stocks steady after oil surge lifts Wall Street Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world's main sea lanes....
03:30, 2019-06-14

Wall Street edges lower after mixed bank earnings, Trump comments U.S. stocks were lower on Tuesday as results from big Wall Street lenders rekindled concerns about slowing profit growth in a low interest rate environment, while comments from President Donald Trump on trade also soured the mood....
21:00, 2019-07-16

Cboe DataShop Expands Offering with Wall Street Horizon Event Data CHICAGO – March 22, 2018 –  Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced that Cboe DataShop has added Wall Street Horizon’s corporate event data to its range of offerings, arming customers with a more ro...
22:45, 2019-05-21

Strategists see Wall Street moving higher despite trade war risks: Reuters poll U.S. stocks will build on this year's already strong gains over the rest of 2019 despite growing U.S.-China trade tensions that represent the biggest threat to the market, according to a Reuters poll of strategists....
17:30, 2019-05-29

US STOCKS SNAPSHOT-Wall Street opens lower after strong jobs data U.S. stocks slipped at the open on Friday as a strong rebound in U.S. job growth in June dashed hopes of an aggressive interest rate cut by the Federal Reserve later this month....
16:00, 2019-07-05

US futures higher as Wall Street rally looks set to continue; jobs data in focus U.S. stock index futures were higher Friday as Wall Street looks set for a fifth straight day of gains, amid hopes of progress on trade talks between the U.S. and Mexico....
09:45, 2019-06-07

US STOCKS SNAPSHOT-Wall Street opens lower on worries of escalating trade war U.S. stocks opened lower on Wednesday, as reports that Washington could impose sanctions on another Chinese company raised fears of an escalation in trade tensions, with the S&P 500 also dragged down by losses in chipmaker Qualcomm and home improvement chain Lowe's....
16:15, 2019-05-22

Wall Street rises as weak ADP jobs data bolsters rate-cut bets U.S. stocks gained on Wednesday after data showed that the private sector added fewest jobs in May since 2010, raising the odds that the Federal Reserve would cut interest rates to counter a potential slowdown....
16:45, 2019-06-05

Wall Street adds to recent rally on Mexico relief, deal optimism U.S. stocks extended their recent climb on Monday, with the Dow on track for a 6th straight day of gains after the United States dropped plans to impose tariffs on Mexican goods and after a couple of multibillion-dollar deals....
22:15, 2019-06-10

Wall Street drops as Broadcom warning pushes chip stocks lower U.S. stocks dropped on Friday, as shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand and Chinese data pointed to the worst slowdown in industrial growth in 17 years....
19:15, 2019-06-14

US STOCKS SNAPSHOT-Wall Street opens lower on trade war fallout concerns U.S. stocks opened lower on Tuesday, weighed down by worries over the impact of a protracted U.S.-China trade spat on company earnings and lowered expectations of a sharp interest rate cut later this month....
16:15, 2019-07-09

Asian stocks bounce on Wall Street's Fed cheer; dollar stays weak Asian shares tracked Wall Street's rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower....
05:45, 2019-06-05

Wall Street drops as strong jobs report cools rate cut hopes U.S. stocks lost ground on Friday, retreating from record levels hit in the previous session, after strong U.S. job growth in June pushed investors to scale back bets on aggressive interest rate cuts by the Federal Reserve....
18:00, 2019-07-05

UK economy grows in May; Wall Street hits record high - business live Rolling coverage of the latest financial news, including new growth figures for MayLatest: Fed chair Jerome Powell on US outlook Powell cites global weakness and trade tensionsEarlier:UK grew by 0.3% in May, after April contractionExperts: Storm clouds gather, despite growth pick-upCarmakers returne...
15:45, 2019-07-10

Wall Street week ahead: Trade protection doesn't have to exclude growth stocks The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China....
22:30, 2019-05-24

Wall Street's Answer to Risks in Loan Market: Bundle Lower-Rated Loans A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans, a sign of building worries about riskier borrowers and the market that supports them....
12:15, 2019-07-16

Wall Street firms see increased chance that Trump takes action to weaken the dollar Wall Street analysts say it is increasingly possible the Trump administration will try using a stronger weapon in the currency wars than just presidential tweets....
22:00, 2019-07-15

Court hears frantic 911 call in trial of son who allegedly killed Wall Street banker dad An ivy-league educated Manhattan man charged with killing his wealthy father for reducing his $1,000 a week allowance appeared in court on Tuesday for the first day of testimony....
13:30, 2019-05-29

US STOCKS SNAPSHOT-Wall Street opens slightly lower after mixed bank reports U.S. stocks opened slightly lower on Tuesday as bank shares fell after a batch of mixed quarterly reports from Wall Street lenders JPMorgan Chase, Goldman Sachs and Wells Fargo....
16:15, 2019-07-16

‘Wolf of Wall Street’ Producer, Riza Aziz, Is Arrested in Malaysia Fund Scandal Mr. Riza, whose stepfather is a former prime minister of Malaysia, faces money-laundering charges in the disappearance of billions from a government fund....
15:45, 2019-07-04

US STOCKS SNAPSHOT-Wall Street edges higher at open as trade worries linger U.S. stocks rose slightly at open on Tuesday, led by technology stocks, but gains were muted amid signs that United States and China were far from reaching a trade deal....
16:15, 2019-05-28

CBOE Receives Two Honors at Wall Street Letter Institutional Trading Awards Ceremony CHICAGO, IL – February 5, 2015 –The Chicago Board Options Exchange® (CBOE®) announced that the exchange received two honors – “Best Options Trading Venue” and “Best Mobile Application” – at the fourth annual Wall Street Letter (WSL) Institutional Trading Awards last night in ...
13:45, 2019-05-22

Asian stocks fail to catch Wall Street's Fed rally as trade angst persists Asian stocks struggled on Friday to follow Wall Street's euphoria about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded investor sentiment in the region....
06:00, 2019-06-21

CBOE Awarded Best Overall Exchange at Wall Street Letter Institutional Trading Awards Ceremony CHICAGO, IL -- February 24, 2016 -- The Chicago Board Options Exchange® (CBOE®) announced today that the exchange was awarded “Best Overall Exchange” at the fifth annual Wall Street Letter (WSL) Institutional Trading Awards last night in New York City.  ...
07:15, 2019-05-22

Stocks rise as bank shares lead, Wall Street awaits Trump-Xi meeting at G-20 summit Stocks rose on Thursday, powered by bank shares, as investors await trade clues from an upcoming meeting between President Donald Trump and Chinese President Xi Jinping....
21:45, 2019-06-27

Wall Street hits record high, as Iran tensions send oil price up - business live Bank of England warns that Brexit risks are rising, but investors are cheered by prospect of US interest rate cuts.Wall Street surges as Fed flags rate cutBank of England blames Brexit and trade wars for weak growthOil price rises as Iran shoots down US droneFed hints that rates will fall soon 4.07p...
18:15, 2019-06-20

GLOBAL MARKETS-Asian shares catch Wall Street's Fed cheer; dollar remains weak Asian shares tracked the Wall Street rally on Wednesday after U.S. central bank comments pointed to the increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower....
06:15, 2019-06-05

Will Trump and Xi call a trade war cease-fire? Here's what every major Wall Street bank predicts President Donald Trump and Chinese President Xi Jinping will meet at the G-20 this week. Wall Street banks are skeptical of a trade ware cease-fire.        ...
23:01, 2019-06-28

Wall Street was ready for the latest twist in the trade war. Here's how experts think Trump and Xi's trade truce will play out. REUTERS/Kevin Lamarque The year-old trade war between the US and China reached a temporary truce as Presidents Donald Trump of the US and Xi Jinping of China said they're delaying new tariffs to let negotiations continue. That outcome of the G20 summit in Japan isn't the resolution some investors...
00:30, 2019-06-30

Dow turns positive, erases 118-point drop as Wall Street heads for back-to-back weekly gains The Dow Jones Industrial Average traded slightly higher late in Friday's session, erasing a loss of 118 points from earlier in the day as Wall Street headed for back-to-back weekly gains....
21:30, 2019-06-14

Government Suspends Dealings With Pilatus Aircraft Over Corruption The Defence Ministry has suspended all business dealings with Switzerland-based Pilatus Aircraft Limited for one year following charges of payment of kickbacks in the sale of 75 basic trainer aircraft......
14:45, 2019-07-16

Amazon, Pentagon accused of swampy dealings over $10B contract Amazon is poised to receive a lucrative government contract with the Pentagon, but a competitor is arguing it's nothing more than a prime example of D.C. swamp politics. ...
16:45, 2019-06-19

U.S. Banks Rush in as European Banks Stumble The retrenchment of Deutsche Bank and other former European financial powerhouses has left a gaping hole in European banking. U.S. banks are filling the void, strengthening their stranglehold on the region....
18:15, 2019-07-08

Investors Shun Banks Buying Other Banks Shares of banks buying other banks are underperforming, reflecting investor concerns that potential economic weakness could depress future earnings and portend bigger-than-expected loan losses at target firms....
04:45, 2019-06-17

Rex Tillerson vents about Jared Kushner’s secret dealings with foreign leaders In a transcript of his testimony to a House panel, the former secretary of state also described the challenge of briefing a president who does not read briefing papers....
21:45, 2019-06-27

Journal criticised for study claiming sun is causing global warming The journal Scientific Reports has been criticised for publishing a study claiming the past two centuries of global warming were largely caused by solar cycles...
18:45, 2019-07-16

Flashbulb! The Gentleman's Journal Grand Tour: Road to Cannes For this year's Cannes Film Festival, Gentleman's Journal and Chopard teamed up to take a star-studded group on a 3-day trip, titled The Gentleman's Journal Grand Tour: Road to Cannes...
12:00, 2019-05-31

New AI Searches Google Street View For Street Signs That Need Repairs Take a moment to think about all the street signs that blur past as you’re driving. Stop signs, speed limits, and traffic warnings all add up to a massive amount of infrastructure for a city that’s challenging and costly to maintain. But piggybacking on Google’s hard work, scientists have found a cl...
22:15, 2019-06-19

Alleged 1MDB Co-Conspirators Sentenced to Prison Two prominent figures in a global Malaysian sovereign-wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, according to a statement from the emirate’s criminal court and people familiar with the matter....
11:45, 2019-06-16

Malaysia aims to recover about $5 bln in 1MDB-linked assets Malaysia is looking to recover about $5 billion worth of foreign assets linked to state fund 1MDB, which is the subject of money laundering investigations, an anti-graft official said on Friday....
06:00, 2019-06-21

Wall-to-wall Europe: the continent's manmade barriers – in pictures As barriers continue to rise up all over Europe, a new documentary photography exhibition investigates walls, fences and defence lines and the dramas on either side of them• Walls of Power: Man-made Barriers Throughout Europe is at Les Rencontres d’Arles, France, from 1 July to 25 August, 2019 Conti...
08:15, 2019-07-16

Malaysia Launches Legal Action To Recover 1MDB Millions Malaysia has launched legal action to recover about $65 million stolen from scandal-hit state fund 1MDB, much of it from groups connected to the ousted former regime, anti-corruption authorities said......
11:00, 2019-06-21

U.S. starts giving documents to lawyers of ex-Goldman banker Ng in 1MDB case U.S. prosecutors on Thursday handed over the first of 1 million evidentiary documents to the lawyers of Roger Ng, a former Goldman Sachs banker facing criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB....
22:30, 2019-05-23

Malaysia's 1MDB criminal case against Goldman Sachs delayed to September Malaysia's criminal case against U.S. investment bank Goldman Sachs involving $6.5 billion 1MDB bonds will be postponed to September, a court ruled on Monday, after defense lawyers asked for more time to receive instructions from their clients abroad....
09:15, 2019-06-24

Malaysian police raid Deloitte office for 1MDB-related documents - sources Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday to search for documents and records related to a multibillion-dollar scandal at state fund 1MDB, two police sources told Reuters....
12:15, 2019-05-23

Malaysian police raid Deloitte office for 1MDB-related documents: sources Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday as part of a widening probe into a multibillion-dollar scandal at state fund 1MDB, two police sources told Reuters....
12:30, 2019-05-23

UPDATE 1-Malaysian police raid Deloitte office for 1MDB-related documents - sources Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday as part of a widening probe into a multibillion-dollar scandal at state fund 1MDB, two police sources told Reuters....
12:15, 2019-05-23

Latest Returned 1MDB Loot Includes a Vintage King Kong Poster and a Basquiat Drawing A vintage French “King Kong” poster, a Jean-Michel Basquiat drawing, and several luxury watches are among the latest haul of returned treasures that were allegedly bought with money stolen from the Malaysian 1MDB state fund. “Wolf of Wall Street” producer Joey McFarland agree...
14:45, 2019-07-16

The five: Nasa research probes As Saturn’s moon Titan becomes Nasa’s latest destination, we look at other probes the agency is boldly sending forthAs announced last month, Nasa is sending a drone named the Dragonfly to explore Saturn’s largest moon, Titan. Part of their New Frontiers programme to explore the solar system’s bioche...
08:30, 2019-07-07

Trump Says He Won't Work With Democrats Until Probes Are Done President Trump said he told Democratic congressional leaders he would only work with them on infrastructure and other initiatives when they finish investigating him....
00:45, 2019-05-23

| Honduras probes fishing disaster after 27 die Honduran authorities said they are investigating the causes of an accident in which at least 27 people died after their fishing boat sank off the Caribbean coast....
11:45, 2019-07-05

Bezos Says Amazon Will Bet Even Bigger Despite Antitrust Probes In a speech at an Amazon conference, CEO Jeff Bezos sounded unconcerned by reports that regulators are eyeing the company, potentially for a break-up....
00:15, 2019-06-07

The Latest: Walmart to pay $282M in corruption probes ALEXANDRIA, Va. (AP) — The Latest on Walmart’s multimillion settlement with federal authorities investigating the allegations of the company’s corrupt overseas practices (all times local): 3:10 p.m. The Securities and Exchange Commission says it has reached a $144 million settlement with...
22:30, 2019-06-20

New Israel Vote All About Netanyahu Corruption Probes With Israelis heading to the polls Sept. 17 for the second time this year, the campaign will largely be about one man: Prime Minister Benjamin Netanyahu. Unable to form a government even after ostensibly winning April 9 elections, Netanyahu opted in late May to dissolve the parliament and hold a fre...
12:00, 2019-06-04

De Blasio on Trump: I 'get under his skin,' probes will 'lead to impeachment' New York City Mayor and Democratic presidential hoeful Bill de Blasio is trying to fight against negative polls and questions about his likability, while attacking President Trump, hoping that voters will want to see the two clash in 2020....
22:00, 2019-05-26

Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment....
20:30, 2019-07-11

Netherlands probes 'terrorist motive' in Utrecht shooting The suspect has confessed to opening fire and killing four people on a tram in the Dutch city. Prosecutors have revealed the contents of a letter written by the suspect in which he admits to "doing this for my religion."...
22:45, 2019-07-01

NASA fights to keep the Voyager probes running after four decades NASA's Voyager probes are still out there, exploring interstellar space 42 years after they left our planet. To keep them running all these years with generators that are 40 percent less powerful than they were decades ago -- and which are producing......
16:00, 2019-07-13

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years....
18:45, 2019-07-11

Google, Facebook potential subjects of fed probes, oversight…again Google and Facebook are in the crosshairs of potential US antitrust probes that could disrupt their businesses or even break them apart — but it’s not the first time they have faced heat from the feds. Silicon Valley-based Google dodged the threat of a federal inquiry into its Android mobile operati...
10:00, 2019-06-05

Senate Democrats ask for details on antitrust probes into Big Tech Seven U.S. Senate Democrats asked the Trump administration on Friday to disclose details of possible Federal Trade Commission and Justice Department antitrust investigations into Amazon.com Inc, Facebook Inc, Alphabet Inc and Apple Inc....
22:45, 2019-06-21

Germany probes 'right-wing extremist' murder of politician A politician has been murdered in an apparent execution-style assassination. German Interior Minister Horst Seehofer has described the attack as "right-wing extremist" in nature, saying it was "directed against us all."...
14:30, 2019-06-18

Glencore's head of oil, Alex Beard, retires amid U.S. probes Glencore's head of oil, Alex Beard, who helped make the firm one of the world's top three oil trading houses, will retire this month, the company said on Monday in yet another management shake-up amid U.S. probes into its activities....
17:15, 2019-06-03

Germany probes mysterious death of Merkel party politician Authorities in Germany are investigating the death of a politician from Chancellor Angela Merkel's party who was reportedly found with a gunshot wound to the head....
19:00, 2019-06-03

The Morning After: NASA's struggle to keep its Voyager probes working in space Welcome to July 15th! For most of us, the summer has begun, so what better time to offer our new guide to outdoor gear for places that don't have WiFi (gasp!). As we do some preparatory stretches for Prime Day (more on that later), you might have mis......
17:30, 2019-07-15

As Democrats deepen probes, Trump accuses them of being ‘totally out of control’ The widening web of congressional investigations has demonstrated the limits of the president’s strategy to declare victory after the special counsel report....
11:30, 2019-06-13

Swiss prosecutor probes plane maker over Saudi, UAE business Switzerland’s federal prosecutor says it has opened a criminal investigation in connection with a Swiss airplane maker’s sale of training aircraft to Saudi Arabia and the United Arab Emirates, whose militaries are involved in war in neighboring Yemen...
21:15, 2019-07-12

FCC probes whether Sinclair misled agency during failed Tribune deal Shares in Sinclair Broadcast Group Inc fell by 1.6% after the U.S. Federal Communications Commission disclosed it has opened an investigation into whether the company misled the agency in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co....
00:15, 2019-06-28

12 Top Tax Officers Told To Retire Amid Corruption, Sex Harassment Probes Twelve officials of the Union Ministry of Finance have been forced into compulsory retirement -- the allegations against them range from extortion to bribery and sexual harassment, a circular from the......
21:45, 2019-06-10

John Turturro probes medieval murder mystery in ‘The Name of the Rose’ “The Name of the Rose,” premiering 10 p.m. Thursday on Sundance TV, is a murder mystery set in the middle of the 14th century. That may not seem like the obvious choice for summer entertainment, but series star John Turturro thinks the Umberto Eco tale — a bestselling 1980 novel and 1986 movie...
11:45, 2019-05-22

UPDATE 1-U.S. Senate Democrats ask for details on antitrust probes into Big Tech Seven U.S. Senate Democrats asked the Trump administration on Friday to disclose details of possible Federal Trade Commission and Justice Department antitrust investigations into Amazon.com Inc, Facebook Inc, Alphabet Inc and Apple Inc....
23:00, 2019-06-21

Italy probes police brutality of journalist at neo-fascist rally Video footage has shown riot police beating a veteran journalist even after he was identified as a reporter. Prosecutors described the incident as "absurd," saying he was doing his job "in a peaceful manner."...
23:01, 2019-05-24

U.S. Senate Democrats ask for details on antitrust probes into tech firms Seven U.S. Senate Democrats asked the Trump administration on Friday to disclose details of possible Federal Trade Commission and Justice Department antitrust investigations into Amazon.com Inc, Facebook Inc, Alphabet Inc and Apple Inc....
21:00, 2019-06-21

In Trump probes, Congress wary of power to arrest, fine A power that the U.S. Congress has not wielded since the 1930s may remain unused for a while longer as Democrats turn to the courts -- not long-dormant rules -- to press home investigations of President Donald Trump and his administration....
22:30, 2019-06-12

Federal grand jury probes GOP fundraiser Elliott Broidy NEW YORK — A federal grand jury in New York is investigating top Republican fundraiser Elliott Broidy, examining whether he used his position as vice chair of President Donald Trump's inaugural committee to drum up business deals with foreign leaders, according to documents obtained by The Associate...
17:15, 2019-07-08

U.S. probes border patrol as criticism of detention centers rises The acting head of the U.S. Department of Homeland Security has ordered an investigation into reports that Border Patrol agents have been posting offensive anti-immigrant comments and threats against lawmakers on a private Facebook group....
20:00, 2019-07-03

Explainer: Can Trump use executive privilege to block congressional probes? Like numerous U.S. presidents before him, Donald Trump has invoked the legal doctrine known as executive privilege to try to block congressional investigators from getting access to certain documents and witnesses they are seeking....
04:15, 2019-06-13

UK equalities body probes Labour Party over anti-Semitism LONDON (AP) — Britain’s human rights watchdog says it is investigating whether the country’s main opposition Labour Party is guilty of illegal anti-Semitism. The Equality and Human Rights Commission says it is examining whether the party “unlawfully discriminated against, harassed ...
17:00, 2019-05-28

House panel probes education secretary DeVos' personal email use A U.S. congressional committee on Monday sought records from Education Secretary Betsy DeVos relating to her use of private email accounts, expanding an investigation into how President Donald Trump's top aides use unofficial messaging services to conduct government affairs....
00:15, 2019-07-16

Four major tech firms including Apple face antitrust probes in the U.S. Days after word leaked that the Justice Department is investigating Google for possible antitrust violations, Reuters reports today that the DOJ has been given the green light to include Apple as part of a wider antitrust investigation. In fact, the report notes that both the Federal Trade Commissio...
04:30, 2019-06-04

How NASA Will Prolong the Lives of the Voyager Probes, 11 Billion Miles From Earth Launched 42 years ago, the Voyager 1 and Voyager 2 space probes are now exploring the outer realms of our solar system. Sadly, the end of the mission is now firmly in sight, but NASA has a plan to keep the probes operational for as long as possible before their power finally runs out. Read more......
00:15, 2019-07-10

Congress ethics panel probes Gaetz over ex-Trump lawyer Cohen The U.S. House of Representatives Ethics Committee said on Friday it will investigate Republican lawmaker Matt Gaetz after allegations he tried to threaten and influence the congressional testimony of President Donald Trump's former lawyer Michael Cohen....
22:00, 2019-06-28

Italy probes ties between Salvini's Lega party and Russia — reports Prosecutors in Milan were looking into alleged payments from Russia to Matteo Salvini's Lega party, Italian media reported. Salvini has denied taking "a rouble" from Russia and threatened to sue those claiming otherwise....
21:30, 2019-07-11

Republican senator criticizes potential dual U.S. antitrust tech probes The Republican chairman of the Senate's antitrust panel criticized plans by the Justice Department and Federal Trade Commission to potentially investigate four of the biggest U.S. tech firms....
03:30, 2019-06-13

Mueller's Russia investigation should mark end of 'special' probes, Alan Dershowitz says The conclusion of Robert Mueller's Russia investigation should mark the end of special counsel- or special prosecutor-led probes, Harvard Law professor emeritus Alan Dershowitz said Thursday....
10:00, 2019-05-31

CBI Probes Military-Grade Anti-Personnel Mines Found In Kerala Last Year The Central Bureau of Investigation has launched an investigation into five Claymore mines, exclusively used by the Indian Army, that were found under Kerala's Malappuram district in January last......
17:45, 2019-07-06

U.S. Senator Warren urges antitrust chief to recuse himself from Google, Apple probes Democratic U.S. Senator Elizabeth Warren on Tuesday called on the Justice Department's antitrust division chief, Makan Delrahim, to recuse himself from the department's antitrust investigations into Google and Apple, saying his past lobbying for the companies raised conflict of interest concerns....
16:15, 2019-06-11

Dominican tourism expert warns of 'catastrophe' if authorities stonewall in death probes The picturesque, sandy beaches of the Dominican Republic have become the backdrop for a rash of deaths of U.S. tourists at luxury, all-inclusive hotels....
02:00, 2019-06-20

Democrats seek to rein in the contact between White House, Justice Department on probes Sen. Sheldon Whitehouse (D-R.I.) says the traditional limits have been cast aside and more than 800 officials can talk about investigations in the Trump administration....
03:00, 2019-06-20

UPDATE 3-Brazil's Odebrecht files for bankruptcy protection after years of graft probes Brazilian conglomerate Odebrecht SA filed on Monday for bankruptcy protection, aiming to restructure 51 billion reais ($13 billion) of debt in what would be one of Latin America's largest-ever in-court debt restructurings....
05:30, 2019-06-18

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters....
14:00, 2019-06-04

Senator Warren urges antitrust chief to recuse himself from Google, Apple probes Democratic U.S. Senator Elizabeth Warren on Tuesday called on the Justice Department's antitrust division chief, Makan Delrahim, to recuse himself from the department's antitrust investigations into Google and Apple, saying his past lobbying for the companies raised conflict of interest concerns....
17:00, 2019-06-11

Supreme Court-Appointed Panel Probes Use Of Black Money In 2019 Polls Supreme Court-appointed Special Investigation Team (SIT) vice chairman Justice Arijit Pasayat on Tuesday suggested appropriate amendments in existing tax laws to curb the use of money power to win......
02:30, 2019-06-19

India Watchdog Probes Allegations Of Anti-Competitive Conduct By Maruti - Report The Competition Commission of India (CCI) is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming......
20:15, 2019-05-21

Trump slams Dems as ‘Do Nothing Party,’ calls post-Mueller probes a ‘fishing expedition’ President Trump slammed Democrats as the “Do Nothing Party” Thursday morning on the heels of a contentious meeting with Nancy Pelosi and Chuck Schumer, claiming they're too focused on investigations into his administration to make progress on policy priorities like infrastructure. ...
16:00, 2019-05-23

Sara Netanyahu pleads guilty in illegal meals case as corruption probes loom over husband Sara Netanyahu, the wife of Israeli Prime Minister Benjamin Netanyahu, agreed to a plea deal on Wednesday morning in a case concerning illegally ordered meals at the Prime Minister's residence, according to a statement released by Israel's Justice Ministry....
04:45, 2019-06-13

Baltimore probes ‘repugnant’ anti-Semitic, racist tweets posted on sewer worker’s profile A longtime Baltimore sewer worker is being investigated for “repugnant” social media posts praising Nazis and denigrating blacks, officials said. A review of the account on Tuesday that featured a photograph of Crescenzo A. Gizzi — a wastewater inspector for the city Department of Public...
21:00, 2019-07-10

Deutsche Bank's Best Shot May Not Be Enough In theory, Deutsche Bank’s strategic reset is as sensible as it is overdue. In practice, it will require flawless execution and may not go far enough....
18:15, 2019-07-08

Deutsche Bank: is it really different this time? Christian Sewing has set the bank a difficult task of cutting businesses and costs yet growing revenues in the next three years; not everyone is convinced it can do both...
03:45, 2019-07-09

Deutsche Bank to axe 18,000 jobs Deutsche Bank says it will cut 18,000 jobs by 2022 as part of a major restructuring of the embattled bank. For years, Germany's biggest lender has suffered from weak performance and legal woes....
19:00, 2019-07-07

Navy probes claims war college leader kept margarita machine in office, invited students for games of Twister in his office The head of the Navy’s college for future leaders is under investigation—and the charges include keeping a margarita machine in his office, according to a report Friday....
18:00, 2019-06-07

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his restructuring plan....
20:15, 2019-07-07

Deutsche Bank considering up to 20,000 job cuts, WSJ reports Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions....
20:00, 2019-06-28

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-mighty bank’s retreat from global prominence sent....
18:30, 2019-06-28

Banks: III review – her best album yet (Harvest)Jillian Rose Banks has spent the past six years making fascinating, sedated songs that vacillate between trap-pop and R&B. Now, with music’s dominant sound moving in her direction, the Los Angeles-based singer-songwriter’s third and most impressive album yet only lacks the helicopter hit th...
12:30, 2019-07-14

Banks Had to ‘Dig in the Mud’ to Make Her New Album III Singer-songwriter Jillian Banks, known as Banks, helped popularize the brooding R&B sound that’s dominated pop this decade. Now, after a two-year self-imposed hiatus, she returns with her third album, III. In it, she explores pain, desire and personal growth, mixing vulnerable songwriting with...
14:30, 2019-07-11

How Deutsche Bank could turn into another Lehman Brothers Stock enthusiasts would be wise to keep a close watch on what is happening at Deutsche Bank, which shook up its business and said it planned to lay off thousands of traders and other workers. One of Deutsche Bank’s main problems has been the derivatives it holds. Derivatives are just what the word i...
08:00, 2019-07-09

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restructuring....
01:45, 2019-07-10

Deutsche Bank slashing 18K jobs by 2022 FRANKFURT, Germany — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders. The Frankfurt-headquartered bank said it would ...
23:45, 2019-07-07

Former Deutsche Bank co-CEO included in cum-ex probe: paper German prosecutors are probing former Deutsche Bank co-Chief Executive Anshu Jain and 78 other current and former bank officials as part of an investigation into a dividend tax-stripping scheme, German daily Handelsblatt reported on Friday....
17:30, 2019-06-07

Factbox: What Deutsche bankers are saying about the 18,000 global job cuts Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis....
12:15, 2019-07-08

Deutsche Bank's uncertain road to recovery The German lender is planning to cut thousands of jobs and shed whole business lines as part of a major reorganization. Analysts say cost cutting alone is not going to rid Deutsche Bank of its current woes....
14:45, 2019-07-05

Sewing’s savings: how Deutsche Bank will try to turn itself around Germany’s biggest bank wants to convince investors that its latest restructuring effort differs from previous attempts by returning the firm to its original mission....
03:45, 2019-07-09

Germany's first 5G network launched by Deutsche Telekom Germany's largest telecom company has launched the country's first 5G network, but for now it only works in two cities and with a €900 smartphone. By the end of 2020, 5G coverage is due in 20 German cities....
17:15, 2019-07-04

Deutsche Bank careers end in an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement....
22:15, 2019-07-08

Banks can help to alleviate the refugee crisis Humanitarian crises are emerging market issues and local banks are the best way to distribute aid. Banks should make it easier and cheaper to get funds to them....
14:38, 2019-05-21

RBI Allows Banks To Use Aadhaar For KYC Verification, 10 Things To Know Banks can now use Aadhaar numbers for Know-Your-Customer (KYC) verification if the customer gives consent, the Reserve Bank of India (RBI) said on Wednesday. RBI also updated Aadhaar to the list of......
09:45, 2019-05-30

Swiss gov't OKs regulatory approach for big banks The Swiss government does not see any need for fundamental changes in the way big banks including UBS Group and Credit Suisse are regulated, it said on Wednesday after a review it does every two years....
12:15, 2019-07-03

Is it time for Asian banks to go global? As Asia’s share of world GDP and global capital increases, the trend among Asia-based banks is for regional rather than global expansion. The region’s leading chief executives explain their approach to growth....
15:30, 2019-05-21

U.S. Fed's Daly says banks need to do right by customers, communities Banks need to change their internal cultures if they are to combat competition from technology companies for customers soured on traditional financial institutions after the 2007-09 financial crisis, San Francisco Federal Reserve Bank President Mary Daly said on Monday....
07:00, 2019-06-03

What a ‘Direct Listing’ Is, and Why Banks Are Nervous Hot technology startups have traditionally raised the cash they needed to break into the big time through initial public offerings. IPOs became synonymous with instant wealth for company founders and those lucky enough to buy those shiny new shares. But for some of the new generation of tech firms g...
23:00, 2019-06-19

International investment banks: It’s all about China International IBs pride themselves on the diversity of their business in Asia Pacific, but a bank without a decent China business in this region is nowhere. It is the engine of both regional and global growth....
17:15, 2019-05-21

The banks are back with another big credit bubble Financial regulators need to rein in the growth of high-risk, high-yield lending to business. If they wait to act until they can say with certainty that a credit bubble is about to burst, they’ve waited too long....
03:30, 2019-06-01

The best USB power banks for phones and tablets By Sarah Witman This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, Wirecutter and Engadget may earn affiliate commission. Read the full guide to USB power banks for phones......
00:30, 2019-06-08

Credit Suisse exec heads to Deutsche Bank Deutsche Bank has named Steven Feinberg to manage its US investment-grade debt trading, Bloomberg reported. Feinberg had previously worked at Credit Suisse Group for almost two decades. Feinberg will be a managing director at the Frankfurt, Germany-based Deutsche Bank, reporting to Paul Huchro....
05:45, 2019-06-20

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment bank....
00:15, 2019-06-19

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in the bank’s protracted effort to close compliance gaps....
10:15, 2019-06-12

Deutsche Bank, in a Last-Ditch Effort to Stop Its Spiral, Could Lay Off 20,000 The German bank is said to be preparing a sweeping restructuring that will eliminate thousands of jobs and bring to an end its 20-year foray into Wall Street....
21:45, 2019-06-28

Deutsche Bank Credit Rating Downgraded by Fitch Fitch Ratings on Friday downgraded Deutsche Bank AG’s long-term debt rating, citing the German lender’s low profitability and doubts about its business model....
22:00, 2019-06-07

Deutsche Bank Shares Fall Sharply on Restructuring Deutsche Bank shares were volatile as the German lender insisted it could radically restructure its business without having to ask shareholders for more capital to help pay for staff cuts and losses....
18:15, 2019-07-08

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Monday....
12:15, 2019-07-08

Deutsche Bank, massive payoffs and being rewarded for failure Public outrage at departing financial executives receiving millions is often palpable. Yet grappling with the issue is harder than it looks in an industry that serves itself above all others....
11:45, 2019-07-12

Deutsche Bank shares slide again on doubts about turnaround Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany....
14:30, 2019-07-09

Germany Inc. Shudders as Deutsche Bank, Others Face Crises German efficiency has taken a hit this year as many of the country’s most recognizable corporations have faced setbacks, hurt by a slowing local economy, questionable business decisions and digital troubles....
12:45, 2019-07-12

Deutsche Bank layoffs on heels of years of trouble AP banking reporter Ken Sweet said the layoffs just announced at Deutsche Bank are a sign of "trouble" for a bank that has seen a revolving door of CEO's. (July 8)        ...
03:00, 2019-07-09

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to face restive investors at an annual meeting....
17:30, 2019-05-22

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday....
19:15, 2019-07-03

Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a......
20:30, 2019-07-08

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters....
11:15, 2019-05-24

Deutsche Telekom first to market in Germany with limited 5G rollout Deutsche Telekom stole a march on its competitors by announcing a limited rollout of 5G services in its German home market on Wednesday, targeting urban users with the high-speed mobile technology....
14:30, 2019-07-03

Deutsche Bank set to return to roots with radical reboot The German lender is cutting thousands of jobs and shedding whole business lines as part of a massive overhaul. Analysts say cost cutting alone is not going to rid Deutsche Bank of its current woes....
13:30, 2019-07-08

Deutsche Bank shares rise after shake-up to cut 18,000 jobs Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts in Asia....
12:15, 2019-07-08

How Deutsche Bank’s Woes Infect All European Lenders Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executives and seemingly endless resets of strategy. The flailing is particularly dramatic when compared with American rivals. A decade ago, Europe’s top five b...
12:15, 2019-07-08

Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hitters such as JP Morgan Chase & Co and Goldman......
07:45, 2019-07-08

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 jobs go and cost 7.4 billion euros....
12:15, 2019-07-08

Deutsche Bank to Slash 18,000 Jobs in a Sweeping Restructuring FRANKFURT, Germany (AP) — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders.The Frankfurt-headquartered ban...
06:15, 2019-07-08

Deutsche Bank in wealth management hiring spree Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams....
11:45, 2019-06-30

Trump is a huge headache for Deutsche. But the bank has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as 18,000 jobs could be cut across the world....
05:15, 2019-07-08

Banks Can Now Use Aadhaar For Identity Verification With Consent The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts...
21:00, 2019-05-29

Big Bond Rally Boosts Italian Banks A large rally in Italian bonds is making winners out of the country’s banks, whose shaky finances have weighed on global markets in recent years. Shares of the two largest Italian lenders, UniCredit and Intesa Sanpaolo, have surged almost 7% since the end of last week....
14:30, 2019-07-05

Khartoum banks shuttered on second day of opposition strikes Banks in the Sudanese capital Khartoum were closed on Wednesday on the second day of strikes organized by protest and opposition groups to pressure military rulers to cede power to civilians....
03:30, 2019-05-30

SBI Says Monitoring Exposure To Shadow Banks "Very Closely" A series of defaults at lender Infrastructure Leasing and Financial Service Ltd last year raised concerns about the country's shadow banking industry...
19:00, 2019-06-06

'On Tap' Licensing For Small Finance Banks Under Study, Says RBI The Reserve Bank of India (RBI) on Thursday said it was considering 'on-tap' licensing facility for small finance banks and proposed to issue the draft guidelines by the end of August....
19:00, 2019-06-06

'More transparency' needed on who banks are financing, says investor Eric Borremans of Pictet Asset Management discusses the investment strategy that takes into account environmental, social and corporate governance factors....
08:30, 2019-07-05

Top banks' commodities revenue up 6 pct in first quarter - report Commodities-related revenue at the 12 biggest investment banks was 6% higher in the first three months of this year than in the same period in 2018 thanks to increased earnings from oil, consultancy Coalition said on Thursday....
13:15, 2019-05-30

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
19:45, 2019-07-14

RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged this......
13:45, 2019-06-09

Preserve your ammunition, BIS urges top central banks Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing higher growth....
13:00, 2019-06-30

Koepka banks on caddie's local knowledge American Brooks Koepka believes he has a "big advantage" in this week's British Open in the form of his local-born caddie who grew up playing on Royal Portrush....
20:45, 2019-07-16

How multilateral development banks moved to Asia The alphabet soup of multilaterals in the region has become hard to understand during the past decade, so Euromoney tries to read between the acronyms to assess what impact they will make....
17:15, 2019-05-21

What’s Suspicious? Here’s How Banks Apply the Smell Test The phrase “if you see something, say something” isn’t just about packages left on the subway. Banks around the world have a similar duty. The first line of defense against money laundering and other financial crimes often boils down to the thousands of bank employees flagging transactions that some...
02:45, 2019-05-24

Mexico: Banks free Pemex from bondage HSBC, JPMorgan and Mizuho lend Mexico’s oil company $8 billion after investors show no interest in non-deal roadshow – and that’s the least of the firm’s problems....
22:45, 2019-05-23

Fed Wants to Teach Banks Through Stress Tests, Not Fail Them A top Federal Reserve official said his agency’s tests of whether big banks can withstand a future economic shock need to be more predictable and easier for firms to pass....
02:00, 2019-07-10

The German Tax-Dodge Probe That’s Roiling Banks The investment seemed virtually risk-free, guaranteeing hefty returns after only a short season of trading. By exploiting how Germany once taxed dividend payments, dozens of bankers, brokers and lawyers helped investors snatch billions of euros from the national treasury. A decade later many of them...
14:15, 2019-06-28

New North Korea sanctions would tell Chinese banks: It's us or them A new round of sanctions targeting North Korea would force Chinese banks to choose between doing business with the United States and doing business with North Korea....
16:30, 2019-06-28

Climate protesters arrested outside Swiss banks Environmental activists, seeking to pressure Swiss banks into halting the financing of fossil fuels, blocked entrances to Credit Suisse in Zurich and UBS in Basel on Monday before police intervened and arrested some protesters....
17:00, 2019-07-08

Deutsche Bank flags 'tough cutbacks' as shareholders grumble Chief executive Christian Sewing has promised to speed up the embattled bank's "transformation," as he faces disgruntled shareholders and activists in Frankfurt....
15:00, 2019-05-23

Deutsche Bank chairman signals cuts are in store as AGM starts Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany's largest lender and that the chief executive would soon elaborate on the topic at the bank's annual general meeting....
12:30, 2019-05-23

Partial ECM exit to leave Deutsche Bank focused on Europe Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in the United States and retreating from most of Asia, banking sources said....
18:00, 2019-07-12

Opinion: Deutsche Bank halts global adventure in lending The days when Deutsche Bank officials played big to win big are over. The lender's new credo is "back to the roots." The plan to overhaul Deutsche Bank is radical, DW's Henrik Böhme writes, but the outcome remains open....
07:30, 2019-07-08

Deutsche Bank looks to boost wealth management as part of reinvention With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets....
15:15, 2019-07-10

Court: Deutsche Bank may release files on Donald Trump US President Donald Trump has failed in his legal attempt to stop Congress subpoenas to force Deutsche Bank to release his financial details. The German bank reportedly lent Trump over $2 billion in the last 20 years....
02:45, 2019-05-23

Deutsche Bank to layoff 126 New York staff as part of restructuring Deutsche Bank AG plans to lay off 126 employees in New York in the coming months, according to a filing the bank made with New York state that was made public on Thursday....
21:15, 2019-07-11

Deutsche CEO says he disciplined execs for having $1,800 suits fitted day of mass layoffs "That someone would let a tailor come on such a day is disrespectful," Sewing said in an interview with the German newspaper Handelsblatt on Thursday. "In no way is this behavior in keeping with our values."...
22:45, 2019-07-11

Deutsche Bank overhaul to hit FactSet profit: Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse analysts said on Monday....
22:15, 2019-07-08

Deutsche Bank overhaul to hit FactSet profit- Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse analysts said on Monday....
20:30, 2019-07-08

From Deutsche Bank to Renault, Why National Champions Are Back in Vogue “National champions” are back in fashion, particularly in Europe. The term is code for government support for home-grown corporate powerhouses as a way to give them an edge over outside competitors and create jobs, drive exports and fuel economic growth. The European Union worked for decades to stam...
17:45, 2019-06-07

Senate Democrats seek Fed probe into Deutsche Bank and Trump A group of U.S. Senate Democrats is urging the Federal Reserve to investigate Deutsche Bank AG's relationship with President Donald Trump and his son-in-law and adviser Jared Kushner....
21:15, 2019-06-06

Deutsche Bank shares slump further as fallout from bad press continues Investors complain shares are worth less than a pack of cigarettes after 40% slump in 10 monthsDeutsche Bank shares slid to fresh lows as its boss announced “tough cutbacks” for the investment bank following a fraught year of money laundering allegations, failed merger talks, and lawsuits by Donald ...
18:15, 2019-05-24

Some major Deutsche Bank investors want chairman to go early: sources At least three major investors in Deutsche Bank want Chairman Paul Achleitner to step down early amid discontent with the bank's turnaround, two people with knowledge of the matter said on Tuesday....
17:45, 2019-05-21

Deutsche Telekom loses lawsuit over all-you-can-watch video product Deutsche Telekom has lost a legal battle to continue offering an all-you-can-watch mobile video product after a court sided with the German regulator, saying it violated European rules on roaming and network neutrality....
16:45, 2019-07-15

Deutsche Telekom, Huawei customer, continues vendor review Deutsche Telekom said it was continuing a review of its vendor strategy as it announced the limited launch of 5G services in its home market, where it has partnered with China's Huawei Technologies in trial projects....
14:30, 2019-07-03

Deutsche Bank to Exit Global Equities, Trading Business Deutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decline....
00:45, 2019-07-08

Trump defends his creditworthiness after report says Deutsche Bank ignored red flags A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an undesirable client for some of Wall Street's biggest banks....
16:15, 2019-05-21

Deutsche Bank cutting space at new office prior to move Embattled Deutsche Bank is downsizing so fast it’s giving up some of its relocation space at Time Warner Center before it even moves in. The German giant has already returned two floors to landlord Related Companies, sources told Realty Check. Although the floors contain only about 60,000 square fee...
10:30, 2019-07-16

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020, with possible testing to begin later this year, a Deutsche Bank strategist said....
03:30, 2019-07-15

Dow drops more than 70 points as banks fall, S&P 500 retreats from record Stocks fell on Tuesday, led lower by bank shares, after the U.S. threatened a new wave of tariffs on European goods, dampening recent optimism surrounding the Washington-Beijing trade truce....
19:45, 2019-07-02

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks in 2019....
18:30, 2019-06-28

Markets Right Now: Banks lead midday gains for US stocks NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Banks are leading stocks higher in midday trading on Wall Street after the Federal Reserve gave many of them permission to raise their dividends and buy back more stock. JPMorgan Chase and Bank of America e...
18:30, 2019-06-28

Government Should Focus On Agriculture, Shadow Banks, Says SBI Research In its research report, SBI's Economic Research Department said that ideally government should keep the fiscal deficit numbers constant for the next two years...
15:30, 2019-07-02

Emerging Market Central Banks Keep Cutting Rates Then, interest rate hikes by emerging market central banks outstripped or matched cuts for nine straight months as they battled the fallout from a strong dollar, rising inflation and softer......
12:15, 2019-07-02

Why India’s Troubled Shadow Banks Spook the Market India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in June when a major mortgage lender delayed bond interest payments, indicating credit markets remain ...
09:45, 2019-07-02

San Francisco Fed Wants to Reward Banks for Climate-Change Loans The Federal Reserve Bank of San Francisco says banks can get extra credit for making loans that help communities adapt to climate change and prepare for future natural disasters....
22:15, 2019-06-17

BoE: UK banks can withstand Brexit and trade war double-whammy Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brexit, the Bank of England has said....
14:45, 2019-07-11

Nicaragua warns banks of sanctions if they join strike Nicaragua's finance minister warned banks Wednesday that the government will sanction those that participate in a general strike scheduled for Thursday to pressure for the freeing of political prisoners....
08:15, 2019-05-23

U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders....
22:00, 2019-06-28

UK's interfaith food banks are filling welfare gaps As poverty levels in the UK increase many of those affected are turning to food banks run by churches and mosques to get by. Damaging welfare cuts by the government are exacerbating an already dire situation....
20:00, 2019-06-29

Shares in big banks climb as Fed approves capital plans Shares in the S&P 500 bank index rose 2.6% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health....
20:00, 2019-06-28

Foreign funds loosen bearish bet on big Italian banks Funds that built big short positions in Italy's leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows....
03:45, 2019-05-23

World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
13:30, 2019-06-30

World's central banks to tackle technology with BIS innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
18:15, 2019-06-30

Google Pay inches closer to US ubiquity with support for 32 new banks Formed in 2018 by combining Google Wallet and the 2015-released Android Pay platform, Google Pay is probably not as widely used in the US as arch-rival Apple Pay, but it's certainly supported on a similarly large scale. The official list of participating banks is simply staggering, but even though t...
20:15, 2019-05-22

Charges Levied By Top Banks In Case Of A 'Cheque Bounce' Cheque bounce is a 'dishonour of cheque' that happens when the account holder has non-sufficient funds (NSF) in the bank account or if the signatures on the cheque do not match with the original......
16:00, 2019-06-01

Armed robber holds up two banks with a ripe avocado Holy guacamole, this guy’s got stones. A 47-year-old man in from Beersheba, the largest city in Israel’s Negev desert, has been arrested for aggravated robbery after stealing nearly 30,000 Israeli shekels (about $8,300 US) from two banks in the region. His weapon of choice? An avocado. T...
19:00, 2019-06-10

Germany planning to set 0.25% countercyclical capital buffer for banks Germany's Financial Stability Board suggested the introduction of a countercyclical capital buffer of 0.25% for banks to ensure lending should there be a sustained downturn in Europe's largest economy, the Finance Ministry said on Monday....
16:45, 2019-05-27

"Ask Your Banks...": Vijay Mallya On Being Trolled Over Chris Gayle Pic Businessman Vijay Mallya, who is facing extradition to India over charges of fraud and money laundering amounting to Rs. 9,000 crore, was subjected to heavy trolling on Saturday after West Indies......
15:00, 2019-07-14

Man sought after allegedly robbing multiple Tucson banks TUCSON – A man is wanted in connection to multiple bank robberies across the Old Pueblo, Tucson Police Department reported Wednesday morning. TPD said the most recent bank robbery occurred on June 28 at the Bank of The West at 3175 N. Swan Rd. near Fort Lowell Road. According to TPD, the suspe...
21:15, 2019-07-03

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
21:00, 2019-06-27

California Senate OKs Special Banks for Marijuana Retailers SACRAMENTO, CA – The California Senate has voted to allow special banks to handle money from legal marijuana retailers. Recreational marijuana use has been legal in California since January 2018 but is still illegal under federal law. That means licensed marijuana retailers cannot use traditio...
23:30, 2019-05-21

Activists urge banks not to finance Ugandan oil pipeline A group of 30 international and local campaign groups have petitioned two banks to abandon plans to raise funds to build an oil pipeline to export Ugandan oil, saying the project would damage local livelihoods, water resources and wildlife....
15:15, 2019-06-07

The best power banks of 2019: portable chargers to keep your gadgets going Power banks are one of the ultimate accessories for the modern gadget lover to have stowed away at the bottom of their bag. Whether it's to recharge your phone, laptop, Nintendo Switch or any other piece of tech you take around with you, a power bank can ensure you're not left without...
15:45, 2019-05-28

Banks shuttered as Sudan opposition stages second day of strikes Banks in the Sudanese capital Khartoum came to a virtual standstill on Wednesday as protest and opposition groups organized a second day of strikes to pressure military rulers to cede power to civilians....
17:30, 2019-05-29

Big Banks Ace First Round of Federal Reserve's 'Stress Tests' The biggest banks in the U.S. have enough reserves to continue lending in a severe economic downturn, the Federal Reserve said in its annual review of large financial firms....
00:00, 2019-06-22

Banks scramble to re-pitch for Aramco IPO roles: sources Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy minister confirming plans for the listing to proceed in 2020 or 2021....
17:01, 2019-07-02

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
11:00, 2019-06-21

Mexico's Leftist President Emerges as Unlikely Friend to Big Banks Andrés Manuel López Obrador believes a greater reliance on banks will lead to a reduction in Mexicans’ dependence on untraceable cash transactions, while expanded access to the financial system could give poorer Mexicans a boost by bringing more workers into the formal economy....
10:30, 2019-05-22

Dollars in the detail: banks pan for gold in 'data lakes' From sending special offers on restaurants to burger-loving current account holders to selling anonymized credit card records, banks are racing to monetize the huge troves of data they hold....
13:00, 2019-06-21

Top Australian banks join IBM, Scentre in blockchain project Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitize bank guarantees....
03:15, 2019-07-04

Fintech start-ups are now more ready to work with banks, says ANZ exec Sreeram Iyer, chief operating officer for institutional business at ANZ, said "it was quite hard to find adequately mature fintechs" a few years ago....
21:45, 2019-06-27

EU banks worry about dividends as capital demands jump Major European Union banks face a collective shortfall of 135 billion euros ($153 billion) to meet global capital requirements by 2027, meaning they may need use profits to raise their capital by at least 24.4%, the European Banking Authority said....
09:15, 2019-07-03

Deutsche Bank denies report it prevented Trump transactions being flagged Deutsche Bank denied a report that said some of its executives rejected the advice of the bank's own anti-money laundering specialists and prevented some transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, being filed with the government....
15:30, 2019-05-21

Trump rips ‘failing’ New York Times over Deutsche Bank report President Trump lashed out at the “Fake News Media” generally and the “Failing” New York Times specifically for covering a story about “suspicious” financial business he and son-in-law Jared Kushner conducted with Deutsche Bank. ​”The Failing New York Times ...
14:45, 2019-05-21

Deutsche Bank chief rebukes executives over suit-fitting on cuts day Managers called high-end tailors to London office as thousands of traders lost jobs Deutsche Bank’s chief executive, Christian Sewing, has personally rebuked managers who ordered tailors to their London office as thousands of traders were let go on Monday.“I can’t understand that someone would call ...
16:15, 2019-07-12

Deutsche Bank investors meet amid questions on strategy, leadership Investors in Deutsche Bank are gathering on Thursday for an annual meeting that is expected to be dominated by questions over the bank's strategy and leadership just days after shares hit a record low....
08:15, 2019-05-23

Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit Dutch housing cooperation Vestia said on Friday Deutsche Bank would pay it 175 million euros ($197 million) to settle claims the German bank had improperly sold it interest rate derivatives....
18:00, 2019-07-12

Trump, House Democrats square off in U.S. court over Deutsche Bank documents Lawyers for U.S. President Donald Trump, three of his children and the Trump Organization will demand in court on Wednesday that a judge stop Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses....
13:30, 2019-05-22

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no....
23:30, 2019-05-21

NY judge denies Trump bid to block House Deutsche Bank subpoenas A Manhattan federal judge has denied a bid by President Donald Trump and his companies to block congressional subpoenas on two banks to obtain years worth of financial records. The ruling Wednesday by District Judge Edgardo Ramos in Manhattan federal court to deny injunctions on Deutsche Bank and Ca...
03:45, 2019-05-23

Deutsche Bank Finds Flaw in System That Tracks Suspicious Activity Deutsche Bank found a glitch in computer systems that retroactively scan corporate clients’ transactions for suspicious activity, a sign of trouble in efforts to guard against potential money laundering by clients....
22:45, 2019-05-22

Citigroup, Deutsche Bank leaving vast Financial District spaces Citigroup plans to leave 111 Wall St. entirely by the end of the year — an impending 900,000-square-foot vacancy that will leave FiDi with two huge empty office towers to fill. A bank representative told The Post, “We will exit 111 Wall St. by the time our lease expires in December 2019.” It was con...
06:00, 2019-06-18

Deutsche Bank board to meet July 7 to decide on job cuts: sources Deutsche Bank's supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, four people with knowledge of the matter said....
19:00, 2019-06-29

Trump loans and money laundering: Deutsche Bank's fall from grace Drastic job-cutting is the latest chapter in the 149-year-old bank’s dramatic historyDeutsche Bank starts cutting London jobsProfile of Deutsche Bank boss Christian SewingNils Pratley: Deutsche Bank is clutching at strawsDeutsche Bank’s drastic retrenchment marks the latest chapter in a dramatic fal...
17:30, 2019-07-09

German prosecutors intensify Deutsche Bank client investigation - source German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the matter told Reuters....
18:45, 2019-07-03

Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business - sources Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said....
21:15, 2019-06-20

Deutsche Bank starts cutting London jobs with 18,000 at risk worldwide Some staff in London reported to be in tears after hearing their jobs have goneWhat went wrong at Deutsche Bank?Profile of Deutsche Bank boss Christian Sewing Nils Pratley: Deutsche Bank is clutching at strawsDeutsche Bank started slashing thousands of jobs in the City of London and in New York only...
22:30, 2019-07-08

Deutsche Bank Funding Costs Subdued Despite Share-Price Slide The lender’s shares fell to a record low Monday, yet debt investors aren’t panicking and a key measure of the German bank’s funding costs has improved in the past week....
19:15, 2019-06-04

Deutsche Bank staff sent home as 18,000 job cuts begin - business live Deutsche Bank staff in London are learning how restructuring plan will affect them - some staff in Asia have already been sent homeLatest: Staff ‘in tears’ as axe falls in LondonLondon employee ‘told to leave by 11am’Mood ‘gloomy’ as staff let goIntroduction: Dark day for Deutsche staffReuters: Whol...
13:15, 2019-07-08

Deutsche Telekom debuts 5G in Germany as Vodafone UK offers unlimited plans Two major European carrier launches have given Germany its first commercial 5G service, and UK customers their first unlimited 4G/5G data plans.Read More...
15:30, 2019-07-03

Deutsche Bank Scales Back Ambitions, Announcing Job Cuts and Reorganization The bank that once symbolized German economic prowess is effectively abandoning hope of playing in the same league as Wall Street banks, and struggling to remain relevant....
22:00, 2019-07-07

Doubts over Deutsche Bank turnaround plan dent shaky shares Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany....
23:15, 2019-07-09

Senators Ask Federal Reserve to Review Trump’s Deutsche Bank Transactions Seven Democrats, including the presidential candidate Elizabeth Warren, want the Fed to examine the bank’s compliance with anti-money-laundering laws over flagged transactions....
20:30, 2019-06-06

Deutsche Bank faces FBI investigation for possible money-laundering lapses: source The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday....
13:15, 2019-06-20

Deutsche Bank faces investigation for potential money-laundering lapses -NYT U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday, citing seven people it said were familiar with the inquiry....
00:00, 2019-06-20

Deutsche Bank plans cuts in U.S. equities, prime unit: sources Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters....
02:00, 2019-05-24

Skeptical Deutsche Bank investors to grill Sewing on revamp roadshow Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win their backing for a 7.4 billion euro ($8.4 billion) 'reinvention' of the lender....
18:45, 2019-07-10

Sewing faces skeptical Deutsche Bank investors on revamp roadshow Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing for his 7.4 billion euro ($8.4 billion) 'reinvention' plan....
15:15, 2019-07-10

German prosecutors intensify Deutsche Bank client investigation: source German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the matter told Reuters....
19:15, 2019-07-03

Kushner transactions part of DOJ money laundering probe at Deutsche Bank The Justice Department has opened up a criminal investigation into potential money- laundering violations by Deutsche Bank — including transactions linked to President Trump’s son-in-law, Jared Kushner, according to a report. The DOJ is investigating why the bank didn’t alert the US Treasury to pote...
05:45, 2019-06-20

Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the Sueddeutsche Zeitung reported on Thursday....
21:45, 2019-06-06

Sewing faces sceptical Deutsche Bank investors on revamp roadshow Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing for his 7.4 billion euro ($8.4 billion) 'reinvention' plan....
13:45, 2019-07-10

Singapore to allow virtual banks as part of move to open up market Singapore's central bank plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver the biggest shake-up in two decades in a market dominated by local banks....
17:45, 2019-06-28

Fixed Deposit Interest Rates: Here's What Post Office And Banks Pay Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits online....
20:15, 2019-06-15

UPDATE 1-World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
18:15, 2019-06-30

Huawei CEO says banks knew about the company's allegedly criminal activities In an interview with CNBC, Huawei's CEO said the banks at the center of the controversy surrounding his company's activities knew what was happening...
22:45, 2019-06-19

Best portable laptop battery chargers and power banks in 2019 On this page you'll find the best portable laptop battery chargers and power banks – and each one we feature here will allow you to quickly and easily charge your laptop while on the go.There's little worse than being away from a plug socket and finding that your laptop is rapidly r...
12:45, 2019-06-29

REFILE-U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders....
03:15, 2019-06-29

Exclusive: Banks face new challenges in Italian diamond scandal A long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy’s largest lender, and smaller rival Banco BPM....
12:00, 2019-06-17

Global stocks, yields steady with focus on Fed, central banks A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and elsewhere....
19:15, 2019-06-17

Government Needs To Encourage Banks To Lend To Realty Developers: Experts Experts say growth in the real estate sector seems stagnant and immediate solutions are not expected, however the government is urged to take steps to boost liquidity....
13:01, 2019-06-19

RBI Holds Meeting Over Coin-Storage Crisis Of Banks In Shirdi The Reserve Bank of India has instructed nationalised banks to continue to accept coins deposited by the Saibaba temple at Shirdi in Maharashtra, the temple's managing body said Wednesday....
07:45, 2019-06-20

UPDATE 1-Smart & Final changes on US$340m loan could mean losses for banks NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said....
23:00, 2019-06-18

Global Recession Risks Are Up, and Central Banks Aren’t Ready The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation....
09:30, 2019-07-09

Bundesbank's Weidmann says 'virtual' coins could undermine banks if used widely Virtual tokens pegged to official currencies, known as stablecoins, could undermine banks if they became widely used, the head of Germany’s central bank said on Friday....
14:45, 2019-06-21

Nordic banks join forces to combat money laundering The Nordic region's six major banks announced the creation of a customer checking center on Friday, with the initiative expected to help their efforts to crack down on money launderers and recover from a scandal that has damaged the sector's reputation....
18:00, 2019-07-05

UPDATE 2-Nigeria orders banks to lend or face sanctions Nigeria's central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving an economy stuck with low growth....
17:00, 2019-07-05

Banks to include CO2 emission measures in shipping loan decisions A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday....
04:15, 2019-06-18

With Defaults and Failures at India's Shadow Banks, 'Confidence Is Shaking' A pair of defaults and failures by nonbank lenders in India has cut down on consumer and business credit, weighing on the country’s economic growth and prompting calls for tighter regulation....
13:45, 2019-07-04

Dubai's GEMS to meet banks for $1.65 bln refinancing - LPC news service Dubai-based GEMS Education is meeting banks in London and New York this week to discuss refinancing worth $1.65 billion, according to LPC, a fixed income news service that is part of Refinitiv....
13:30, 2019-07-14

Virtual banks could be bad news for small lenders in Singapore, Moody's says Ratings agency Moody's said in a note that Singapore's decision to issue new digital bank licenses to non-banks will increase competition in the sector....
09:15, 2019-07-03

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:45, 2019-07-16

Therapy in the office: banks take mental health fight in-house In 'Billions', a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist....
19:45, 2019-06-03

Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. These days FDs can also be created online. The interest rates on FDs......
12:30, 2019-05-25

Swiss regulator fines four banks for fixing forex trading Four British and U.S. banks have been fined 90 million Swiss francs ($90.53 million) for rigging the foreign exchange market, Switzerland's competition authority said on Thursday....
09:00, 2019-06-06

Development banks' climate funding at all-time high in 2018 Climate projects won record financing from the world's big development banks last year, with funds committed up 60% since the 2015 Paris climate accord to curb global warming emissions, a report published on Thursday said....
15:45, 2019-06-13

How banks are helping you budget and track your money to avoid overspending Mom can't always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.        ...
20:45, 2019-05-21

CEE home team advantage: The rise of the local investment banks Since 2008, rising local players have gained the upper hand over risk-averse global investment banks in emerging Europe as the flow of larger deals has declined, but that could change as regional firms start to flex their muscles on the global stage and China looms large....
20:15, 2019-05-21

EU to investigate Nigel Farage over expenses funded by Arron Banks Move follows revelations MEP failed to declare lavish funding from year of the EU referendum The European parliament is to investigate Nigel Farage for failing to declare lavish expenses funded by Arron Banks.The European parliament president, Antonio Tajani, “today refers the Farage issue to an adv...
17:15, 2019-05-21

Banks Shrug Off Recent Oil-Price Drop to Predict Gains Investment banks in May largely stuck to their forecasts that oil prices will rise in 2019’s final two quarters, predicting that supply risks will make up for sharp selloffs in recent weeks....
11:45, 2019-06-05

EU gives Nigel Farage 24 hours to explain Arron Banks funds European parliament summons Brexit party leader over failure to declare expensesNigel Farage has been given 24 hours by the European parliament to explain in person his failure to declare lavish expenses funded by Arron Banks, an insurance tycoon under investigation by the UK’s National Crime Agency...
01:15, 2019-06-05

Flooding in Arkansas, Oklahoma pushes river past its banks After days of storms in the midwest, the Arkansas River reached 45.86 feet, just under the 1943 record of 48.3 feet.        ...
22:30, 2019-05-27

Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday....
09:15, 2019-06-06

Banks to Use Bitcoin-Like Token to Settle Cross-Border Trades A group of financial firms led by UBS plans to start using a bitcoin-like token to settle cross-border trades, one of the biggest developments yet in the effort to make use of nascent blockchain technology....
14:30, 2019-06-03

CVC Awaits Sanction To Prosecute 123 Corrupt Govt Staff; 45 From Banks The Central Vigilance Commission (CVC) is awaiting sanction from different organisations to prosecute 123 government employees, including IAS officers and those working in central probe agencies like......
16:15, 2019-06-10

Deutsche Bank, a pillar of European finance, unveils radical restructuring. It will cut 18,000 jobs Deutsche Bank will cut 18,000 jobs and dramatically shrink its investment bank as part of a costly overhaul that marks a retreat from Wall Street after two decades of intense competition with American rivals....
06:15, 2019-07-08

Deutsche Bank seeks to shed risky assets as part of overhaul: sources Deutsche Bank is aiming to cut up to a quarter of its riskiest assets in the next few years, people familiar with the matter said, shedding more light on how the German lender is trying to overhaul its business and revive profitability....
17:45, 2019-06-19

UPDATE 4-Deutsche Bank faces FBI investigation for possible money-laundering lapses - source The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday....
13:45, 2019-06-20

EU reviews Deutsche Bank, SocGen in screening of past money-laundering cases The European Commission is reviewing past money-laundering cases at EU banks to assess what went wrong and decide possible tweaks to rules, an EU official said, citing Deutsche Bank and Societe General as among the screened lenders....
19:00, 2019-06-06

Trump is a huge headache for Deutsche Bank. But the German financial giant has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as 18,000 jobs could be cut across the world....
05:15, 2019-07-08

CORRECTED-Trump, House Democrats square off in U.S. court over Deutsche Bank documents Lawyers for U.S. President Donald Trump, three of his children and the Trump Organization will demand in court on Wednesday that a judge stop Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses....
18:30, 2019-05-22

Deutsche Bank CEO Scolds Managers Over Pricey Suit Fittings Amid Layoffs Deutsche Bank chief executive Christian Sewing was forced to personally rebuke managers who ordered tailors to their London office as thousands of traders were let go Monday, after details of the......
13:45, 2019-07-12

Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses Federal authorities are focused on whether the bank complied with anti-money-laundering laws, including in its review of transactions linked to Jared Kushner....
00:45, 2019-06-20

Deutsche Bank supports European shares ahead of G20 meeting, U.S.-China talks Germany's top lender Deutsche Bank propped up European stocks on Friday, but investors were generally cautious ahead of a pivotal G20 meeting where progress on U.S-China trade talks will be closely monitored....
11:15, 2019-06-28

Deutsche Bank APAC equity capital markets head leaving -sources Deutsche Bank's Asia-Pacific head of equity capital markets, Jason Cox, is leaving as part of the company's move to eliminate 18,000 jobs globally, people with direct knowledge of the matter told Reuters on Monday....
10:45, 2019-07-08

Trump reacts angrily to New York Times report on Deutsche Bank transactions Paper detailed staff concerns over Trump and Kushner entitiesPresident claims he doesn’t need banks or money from RussiaDonald Trump sought on Monday to discredit a New York Times report that Deutsche Bank employees flagged concerns over transactions involving legal entities controlled by the presid...
17:30, 2019-05-21

Deutsche Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by U.S. President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday....
15:30, 2019-05-21

Deutsche Bank held talks with Citi, BNP on shedding chunk of equities business - WSJ Deutsche Bank has held talks with Citigroup Inc, BNP Paribas SA and others that could involve transferring parts of its equities business, including operations that serve hedge funds and other big trading customers, the Wall Street Journal reported on Tuesday....
21:15, 2019-07-02

REFILE-UPDATE 2-European shares dip on Deutsche Bank, fading hopes of sharp Fed cut Banks led European shares slightly lower on Monday as Deutsche Bank slid despite a major restructuring move, while fading hopes of a sharp interest-rate cut by the U.S. Federal Reserve weighed on broader markets....
20:30, 2019-07-08

US banks could face the same pressures as European counterparts, SocGen chairman warns A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been dealing with, Lorenzo Bini Smaghi said....
16:30, 2019-07-06

MIDEAST STOCKS-Banks bolster Saudi, financials drag Abu Dhabi Saudi Arabia's stock market rose sharply for the fourth session on Tuesday, boosted mainly by its banking shares on expectations of further capital inflows, while Abu Dhabi was weighed down by financials. The Saudi index was up 1.6% with all its banks gaining. Al Rajhi Bank added 1.5% and Nation...
16:15, 2019-06-11

Banco Bradesco CEO says banks are negotiating out of court debt restructuring for Odebrecht The Chief Executive Officer of Banco Bradesco SA told journalists on Tuesday Brazilian banks are negotiating a potential out-of-court debt restructuring for the Brazilian conglomerate Odebrecht SA....
18:15, 2019-06-11

U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve....
23:00, 2019-06-21

RPT-WRAPUP 1-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:15, 2019-07-16

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
13:30, 2019-06-10

Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central......
11:30, 2019-06-30

Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity....
03:00, 2019-07-06

Central banks cannot perform miracles and lawmakers need to reduce uncertainty, ECB member says France's central bank governor told CNBC Saturday that monetary policy cannot compensate for trade tensions, and political leaders need to act in order to fend off today's economic threats....
10:00, 2019-07-08