Banking and Investment Services (TRBC)

Shipping’s financiers turning the tide on shipbreaking practices

Shipping’s financiers turning the tide on shipbreaking practices

Published 15/05/2018

LONDON (Reuters) - The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting [more…]

Australia central bank ‘a source of stability’ as banking scandal…

Australia central bank ‘a source of stability’ as banking scandal…

Published 15/05/2018

SYDNEY (Reuters) - Damaging revelations of widespread misconduct in Australia’s banking sector could hurt house price growth and household spending, the country’s central bank said [more…]

Some U.S. fund managers finally convinced oil rally is for real

Some U.S. fund managers finally convinced oil rally is for real

Published 11/05/2018

NEW YORK (Reuters) - U.S. fund managers are barreling into the energy sector by making broad bets on anything connected with oil, finally convinced that [more…]

Merkel stresses German conditions for euro zone reforms

Merkel stresses German conditions for euro zone reforms

Published 07/05/2018

FRANKFURT (Reuters) - German Chancellor Angela Merkel said on Monday her conservative bloc wanted a reduction in European banking sector risks before a banking union [more…]

Germany and France agree on fundamental questions on Europe: Merkel

Germany and France agree on fundamental questions on Europe: Merkel

Published 07/05/2018

BERLIN (Reuters) - Chancellor Angela Merkel said on Monday that Germany and France agreed on most fundamental issues related to Europe but the two countries [more…]

Samsung Sec to file criminal complaints against employees over ‘fat…

Samsung Sec to file criminal complaints against employees over ‘fat…

Published 07/05/2018

SEOUL (Reuters) - Samsung Securities Co Ltd (016360.KS) said on Monday it would file criminal complaints against its employees who sold shares that they received [more…]

Australia grants first banking license to online startup

Australia grants first banking license to online startup

Published 07/05/2018

SYDNEY (Reuters) - Australia authorized its first banking license to an internet-only startup on Monday, a step the banking regulator said it hoped would improve [more…]

The wit and wisdom of Warren Buffett, ‘Oracle of Omaha’

The wit and wisdom of Warren Buffett, ‘Oracle of Omaha’

Published 05/05/2018

NEW YORK (Reuters) - Billionaire investor Warren Buffett and Berkshire Hathaway Inc Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists [more…]

Wells Fargo to pay $480 million to resolve lawsuit related to sales…

Wells Fargo to pay $480 million to resolve lawsuit related to sales…

Published 04/05/2018

(Reuters) - Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal [more…]

Deutsche Bank to move NY headquarters from Wall Street

Deutsche Bank to move NY headquarters from Wall Street

Published 04/05/2018

(Reuters) - Deutsche Bank AG will shift its New York headquarters from Wall Street to a location midtown, at a time when Germany’s largest bank [more…]