Tag Archives: Investment banks

25Sep/17

BNP Paribas subject of full-scale Rwanda probe in France

PARIS, FRANCE, (REUTERS) – French judicial investigators have opened a full-scale inquiry into allegations of complicity in the 1994 Rwandan genocide, an official at the public prosecutor’s office said on Monday (September 25). Continue reading

03Apr/17

Credit Suisse takes out newspaper ads after raids

Credit Suisse has taken out adverts in British Sunday newspapers stressing a zero-tolerance policy on tax evasion, as the Swiss bank tries to limit any damage to its reputation from raids on three of its offices. Ciara Lee reports. Continue reading

08Nov/16

Banks gird for tumult after election

Global banks expect trading volumes and volatility to spike after the U.S. presidential election, so they’re boosting staff and taking precaution. Fred Katayama reports. Continue reading

04Oct/16

ING plans to shed 7,000 jobs, invest in digital platform

ING Group, the Netherlands’ largest financial services company, plans to shed 7,000 jobs and invest heavily in its digital platforms to achieve annual savings of 900 million euros ($1 billion) by 2021.

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20Oct/15

Deutsche’s $6bln ‘fat finger’ episode

(BVO) – It was the right client but the wrong amount.

Known as a ‘fat finger’ episode, a junior trader at Deutsche Bank wired $6 billion to a US hedge fund, according to the UK’s FT newspaper.
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07Jun/15

Deutsche Bank makes John Cryan CEO

John Cryan, former UBS Chief Financial Officer and on Deutsche Bank’s supervisory board, has been appointed the latter’s new Chief Executive Officer, as the bank tries to clean up its image.
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23Feb/15

How many times can HSBC say sorry?

(BVO) – Can it get any worse for HSBC? On this evidence probably not.

Europe’s biggest bank reporting a 17 percent drop in annual profit as a tax evasion scandal at its private banking business in Switzerland continues to deepen.
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