Banking Services (TRBC)

UK banks say business investment slowing further ahead of Brexit

UK banks say business investment slowing further ahead of Brexit

Published 15/07/2019

LONDON (Reuters) - Britain’s major banks have seen a growing number of business customers delay decisions on investments and borrowing in recent weeks, as the [more…]

Swiss Bank Julius Baer appoints insider Rickenbacher as CEO

Swiss Bank Julius Baer appoints insider Rickenbacher as CEO

Published 08/07/2019

ZURICH (Reuters) - Julius Baer (BAER.S) has appointed Philipp Rickenbacher as its new chief executive officer, the Swiss private bank said on Monday, opting for [more…]

BofA commodity arm fined by DOJ for trading practices

BofA commodity arm fined by DOJ for trading practices

Published 25/06/2019

(Reuters) - Bank of America Corp’s commodity arm Merrill Lynch Commodities Inc has agreed to pay $25 million to resolve a probe into its trading [more…]

Velodyne Lidar hires bankers for an IPO: Business Insider

Velodyne Lidar hires bankers for an IPO: Business Insider

Published 22/06/2019

(Reuters) - Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with [more…]

Australian regulator slaps stricter conditions on AMP’s pension…

Australian regulator slaps stricter conditions on AMP’s pension…

Published 14/06/2019

SYDNEY (Reuters) - Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its [more…]

U.S. money market assets grow six straight weeks: iMoneyNet

U.S. money market assets grow six straight weeks: iMoneyNet

Published 05/06/2019

NEW YORK (Reuters) - U.S. money market fund assets rose for a sixth consecutive week, bringing the total to a fresh nine-plus year peak as [more…]

U.S. money market assets rise five straight weeks: iMoneyNet

U.S. money market assets rise five straight weeks: iMoneyNet

Published 29/05/2019

NEW YORK (Reuters) - U.S. money market fund assets rose for a fifth consecutive week, bringing its total to more than a nine-year high as [more…]

Asia’s billionaires develop taste for boutique wealth managers

Asia’s billionaires develop taste for boutique wealth managers

Published 27/05/2019

HONG KONG/SINGAPORE (Reuters) - Growing demand by Asia’s rich for independent advisory services and access to a wide variety of investment products is spurring the [more…]

First American says product defect could have caused customer data…

First American says product defect could have caused customer data…

Published 25/05/2019

(Reuters) - U.S. real estate title insurance company First American Financial Corp said on Friday it had learned of a design defect in one of [more…]

Huawei founder says growth ‘may slow, but only slightly’ after U.S….

Huawei founder says growth ‘may slow, but only slightly’ after U.S….

Published 18/05/2019

(Reuters) - Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” [more…]