21 July 2017
Updated 22:30
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11/05/2017 08:59

UniCredit doubles Q1 profit as overhaul reaps rewards

foto della notizia

AFP

Italian bank UniCredit said Thursday that its net profit more than doubled in the first quarter as the massive overhaul embarked upon by its new chief executive begins to pay off.

25/04/2017 19:01

Investors keep Wells Fargo board at contentious meeting

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AFP

The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank's leadership over a fake accounts scandal that severely damaged the company's image.

24/04/2017 22:52

With execs in hot seat, Wells Fargo gets OK for bankruptcy plan

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AFP

Retail banking giant Wells Fargo has fixed problems in its 2015 bankruptcy plan and will now be allowed to open new international branches, US banking regulators said Monday.

19/04/2017 05:43

Goldman Sachs shares fall as profits up less than expected

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AFP

Goldman Sachs reported sharply higher first-quarter profits Tuesday, but they lagged analysts' expectations following a sluggish performance in trading, in contrast with other large banks that saw trading boom.

07/10/2016 11:05

IMF chief: a US deal with Deutsche Bank «better than trial»

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AFP

IMF chief Christine Lagarde said Thursday that Deutsche Bank would be better off reaching a deal with the United States over its sale of toxic mortgage bonds than fighting it in court.

27/09/2016 21:24

Microsoft teams with Bank of America on «blockchain»

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AFP

Microsoft and Bank of America Merrill Lynch on Tuesday announced they are working together to make financial transactions more efficient with blockchain technology -- the foundation of bitcoin digital currency.

19/09/2016 15:39

Warning sign on China debt reaches record level: report

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AFP

A key gauge of China's debt has reached its highest level on record, setting off alarm bells of imminent risk to the banking system, a Swiss banking watchdog reported.

09/07/2016 20:30

Barroso slammed over Goldman Sachs Brexit job

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AFP

Former European Commission president Jose Manuel Barroso faced a wave of criticism Saturday after it emerged that he will advise US investment bank Goldman Sachs on the fallout from Brexit.

14/05/2016 15:52

SWIFT reports new «sophisticated» bank hacker attack

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AFP

The global financial system used to move hundreds of billions of dollars a day, on Friday said highly sophisticated hackers had gained access to a bank aiming to hijack fund transfers made via the network.

29/03/2016 07:12

China's Anbang raises bid for Starwood, trumps Marriott

foto della notizia

AFP

Starwood Hotels & Resorts said Monday it was weighing an improved takeover bid from a group led by Chinese insurer Anbang that trumps its agreed deal with Marriott International.

23/03/2016 10:06

Credit Suisse to shed more jobs, slash costs again

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AFP

Swiss banking giant Credit Suisse on Wednesday said it is aiming to cut an extra almost $1 billion in costs and slash thousands more jobs as it beefs up an ongoing restructuring programme.

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