Business
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for...
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Business
US President Donald Trump’s administration has informed staff at the country’s consumer protection agency that it is temporarily shuttering its headquarters and pausing all...
News
Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of...
Business
Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of...
Business
Swiss banking giant UBS posted better-than-expected fourth quarter results on Tuesday and confidently predicted its mega-merger with Credit Suisse would be substantially wrapped up...
World
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential 13.3 billion...
Business
Spain’s Banco Sabadell approved Wednesday moving its headquarters back to Catalonia, the first major firm to do so after thousands left in the wake...
Business
Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy’s UniCredit had unsettled employees,...
Business
Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom...
Business
The US Federal Reserve's top banking regulator announced his early resignation, avoiding a confrontation with President-elect Donald Trump.