Banking and Investment Services (TRBC)

Italy’s UniCredit says Mustier to stay on as CEO

Italy’s UniCredit says Mustier to stay on as CEO

Published 24/02/2020

MILAN (Reuters) - Italy’s biggest bank UniCredit (CRDI.MI) said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following [more…]

RBC to launch U.S. consumer bank betting on wealthy clients

RBC to launch U.S. consumer bank betting on wealthy clients

Published 22/02/2020

(Reuters) - Royal Bank of Canada plans to open a consumer bank in the United States early next year targeting wealthy clients, with the aim [more…]

U.S. money market assets decreased in latest week-iMoneyNet

U.S. money market assets decreased in latest week-iMoneyNet

Published 19/02/2020

NEW YORK, Feb 19 (Reuters) - U.S. money market fund assets decreased by $3.64 billion to $3.575 trillion in the week ended Feb 18, the [more…]

NMC Health founder Shetty resigns as turmoil deepens

NMC Health founder Shetty resigns as turmoil deepens

Published 17/02/2020

(Reuters) - NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as the Emirati healthcare group’s joint non-executive chairman, leaving UK businessman [more…]

William Hill names DS Smith’s Adrian Marsh as CFO

William Hill names DS Smith’s Adrian Marsh as CFO

Published 17/02/2020

(Reuters) - British bookmaker William Hill (WMH.L) on Monday named cardboard maker DS Smith’s (SMDS.L) Chief Financial Officer Adrian Marsh as its finance head. Marsh [more…]

UK digital bank Monzo plans to hire 500 and relaunch paid accounts

UK digital bank Monzo plans to hire 500 and relaunch paid accounts

Published 17/02/2020

LONDON (Reuters) - Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, [more…]

Factbox: Indonesia’s parliament debates sweeping new tax bill

Factbox: Indonesia’s parliament debates sweeping new tax bill

Published 10/02/2020

JAKARTA (Reuters) - Indonesia’s parliament will soon begin debating a sweeping new bill that proposes corporate tax cuts and seeks to make internet giants pay [more…]

Trump slashes foreign aid, cuts safety net programs in new budget proposal

Trump slashes foreign aid, cuts safety net programs in new budget proposal

Published 10/02/2020

WASHINGTON (Reuters) - U.S. President Donald Trump will propose on Monday a 21% cut in foreign aid and slashes to social safety-net programs in his [more…]

Virus worries wipe $420 billion off China’s stock market

Virus worries wipe $420 billion off China’s stock market

Published 03/02/2020

SHANGHAI/HONG KONG (Reuters) - Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the [more…]

New York surges ahead of Brexit-shadowed London in finance: survey

New York surges ahead of Brexit-shadowed London in finance: survey

Published 27/01/2020

LONDON (Reuters) - New York remains the world’s top financial center, pushing London further into second place as Brexit uncertainty undermines the UK capital and [more…]