Banking Services (Legacy)

Deutsche Bank denies report it prevented Trump transactions being…

Deutsche Bank denies report it prevented Trump transactions being…

Published 20/05/2019

FRANKFURT (Reuters) - Deutsche Bank denied a report that said some of its executives rejected the advice of the bank’s own anti-money laundering specialists and [more…]

Sudan central bank strengthens currency to 45 Sudanese pounds to…

Sudan central bank strengthens currency to 45 Sudanese pounds to…

Published 21/04/2019

CAIRO (Reuters) - Sudan’s central bank on Sunday strengthened the Sudanese pound to 45 pounds to the dollar from 47.5, state news agency SUNA reported. [more…]

France hopes for headway with Germany by December on EU digital tax…

France hopes for headway with Germany by December on EU digital tax…

Published 05/11/2018

PARIS (Reuters) - France and Germany should be able to resolve their differences over plans for an EU tax on digital giants like Apple (AAPL.O) [more…]

China to release new rules to further increase lending to smaller…

China to release new rules to further increase lending to smaller…

Published 30/10/2018

BEIJING (Reuters) - China’s banking and insurance regulator will soon release new rules to further boost financing to small and medium-sized companies, it said in [more…]

BNP Paribas Asset Management goes short U.S. tech stocks

BNP Paribas Asset Management goes short U.S. tech stocks

Published 05/10/2018

LONDON (Reuters) - BNP Paribas Asset Management is shifting its exposure across U.S. equities away from banks and positioning for a decline in technology stocks, [more…]

Royal Bank of Scotland to launch new consumer bank: Sky News

Royal Bank of Scotland to launch new consumer bank: Sky News

Published 27/09/2018

(Reuters) - Royal Bank of Scotland is planning to launch a new standalone consumer bank called Bo to fight industry challengers such as the British [more…]

ECB’s Draghi sees ‘muted’ impact to euro zone from Brexit

ECB’s Draghi sees ‘muted’ impact to euro zone from Brexit

Published 24/09/2018

BRUSSELS (Reuters) - The European Central Bank sees a muted impact from Brexit on the euro zone’s economy and financial markets, with the clearing of [more…]

Manafort accountant tells court tax treatment of loan was wrong

Manafort accountant tells court tax treatment of loan was wrong

Published 03/08/2018

ALEXANDRIA, Va. (Reuters) - An accountant for U.S. President Donald Trump’s former campaign chairman Paul Manafort testified on Friday that she knew an accounting treatment [more…]

Italy calls for risk-sharing in euro zone banking union

Italy calls for risk-sharing in euro zone banking union

Published 10/07/2018

ROME (Reuters) - Italian Economy Minister Giovanni Tria called on Tuesday for greater risk sharing in order to strengthen the euro zone banking system. In [more…]

Former Goldman Sachs banker in 1MDB plea talks with U.S.: WSJ

Former Goldman Sachs banker in 1MDB plea talks with U.S.: WSJ

Published 10/07/2018

SINGAPORE (Reuters) - A former Goldman Sachs Group Inc. (GS.N) banker is in talks with U.S. prosecutors to potentially plead guilty to criminal charges stemming [more…]