WHITEPAPERSWORLD.COM: Latest News of The Day 19:24 2019-07-11

Justice Department probing Deutsche Bank’s dealings with Malaysia’s 1MDB

The US Justice Department is investigating whether Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the...

Justice Department probing Deutsche Bank’s dealings with Malaysia’s 1MDB

Source: nypost.com

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: WSJ The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wal...
08:48 2019-07-11

US probes Deutsche Bank over dealings with Malaysia's 1MDB fund US authorities are investigating whether Deutsche Bank violated foreign-corruption or anti-money-laundering laws. The probe is the latest in a series of regulatory and legal troubles afflicting the Ge...
13:24 2019-07-11

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: Wall Street Journal The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wal...
14:48 2019-07-11

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate Germany’s biggest bank....
07:36 2019-07-11

Deutsche Bank 'faces US investigation' over work for Malaysia's 1MDB fund Report says justice officials examining if bank broke foreign corruption or money-laundering lawsUS officials are investigating whether the crisis-hit Deutsche Bank violated foreign corruption or anti...
16:00 2019-07-11

Justice Dept. probing whether J&J lied to public about talcum powder’s cancer risk: report A federal grand jury in Washington is looking into what Johnson & Johnson officials knew about the cancer risks in the company’s Baby Powder-brand talcum powder and other products, according to a repo...
10:48 2019-07-14

Justice Department opinions take on the force of law — but are not, in fact, the law Some legal experts were taken aback when Robert Mueller said that indicting the president would be “unconstitutional,” citing a department guideline that has never been litigated....
14:36 2019-05-31

Google's Scrutiny by Justice Department Has Been Building The Justice Department’s plans to investigate Alphabet Inc.’s Google have been building over time, amid a growing public conversation about whether the government should do more to scrutinize the hand...
20:01 2019-06-02

Justice Department Prepares Antitrust Investigation of Google The Justice Department is gearing up for an antitrust investigation of Alphabet Inc.’s Google, a move that could present a major new layer of regulatory scrutiny for the search giant....
05:24 2019-06-01

WSJ: Justice Department 'preparing' Google antitrust investigation Late Friday, the Wall Street Journal and Washington Post reported, based on it anonymous sources, that the Department of Justice is preparing an antitrust probe of Google. The company has faced severa...
03:36 2019-06-01

Justice Department Sues Mallinckrodt, Alleging Kickbacks Federal prosecutors filed a complaint against the drugmarker, accusing the company of paying kickbacks through a foundation in order to increase prices of a drug used to treat multiple sclerosis....
23:01 2019-06-05

Justice Department trying to quash Mueller team testimony The U.S. Justice Department is trying to prevent two former members of Special Counsel Robert Mueller's team from testifying behind closed doors in Congress next week, when Mueller will testify before...
01:24 2019-07-11

U.S. Justice Department preparing antitrust probe into Google The search giant was fined a record $2.72 billion by European regulators in 2017 for abusing its dominance of the online search market. In the U.S., the Federal Trade Commission made an antitrust inve...
23:24 2019-06-01

US Justice Department Said to Be Exploring Antitrust Case Against Google The US Justice Department has taken early steps toward opening a federal antitrust case into Google, according to three people familiar with the matter....
15:48 2019-06-01

Buttigieg says Trump using Justice Department as 'his own personal law firm' 2020 Democratic presidential candidate Pete Buttigieg on Sunday slammed President Trump’s recent move to direct Attorney General William Barr look into the origins of the Russia investigation and if U...
21:36 2019-06-16

Department of Justice prepares Google antitrust probe, says report The Justice Department is reportedly preparing an antitrust investigation into Google over its internal practices and search rankings.        ...
16:36 2019-06-03

Department of Justice prepares Google antitrust investigation, report says The Justice Department is reportedly preparing an antitrust investigation into Google over its internal practices and search rankings.        ...
18:24 2019-06-03

Justice Department: Census citizenship quest wasn’t devious NEW YORK (AP) — Justice Department lawyers say new claims casting the addition of a citizenship question to the 2020 census in a devious light are false. The lawyers filed papers late Monday in Manhat...
04:00 2019-06-04

Department of Justice Preparing Antitrust Probe of Google: Reports WASHINGTON — The U.S. Justice Department is readying an investigation of Google’s business practices and whether they violate antitrust law, according to news reports. The search giant was...
21:00 2019-06-01

U.S. Justice Department prepares Google antitrust probe: sources The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in operating its sprawling online businesses, two sources fam...
06:24 2019-06-01

Department of Justice pushing T-Mobile to give more to Dish, sources say The Department of Justice is pushing on Deutsche Telekom to give more concessions to Dish to prop up Charlie Ergen's company as a stronger fourth competitor in the U.S. wireless market....
19:12 2019-07-02

Nadler strikes deal with Justice Department for Mueller documents House judiciary committee chairman Rep. Jerrold Nadler said Monday he reached a deal with the Justice Department to get key evidence from the Mueller investigation....
01:36 2019-06-11

U.S. Justice Department to review 1941 ASCAP, BMI consent decrees The U.S. Justice Department said on Wednesday it would review two consent decrees reached with music licensing groups ASCAP and BMI in 1941, a decision that could upend the business of licensing music...
21:48 2019-06-05

U.S. Justice Department may sue to block Sprint, T-Mobile merger: source The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that are to be divested as a condition of their proposed merger or face ...
22:01 2019-07-18

U.S. Justice Department prepares antitrust investigation of Google - sources The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in how it operates its sprawling online businesses, two sourc...
05:12 2019-06-01

TV Station Owners Settle Justice Department Antitrust Allegations A group of five television station owners agreed to settle Justice Department charges that they used third-party firms to illegally coordinate on sales of local advertising spots....
12:36 2019-06-18

U.S. Justice Department prepares anti-trust investigation of Google -WSJ The U.S. Justice Department is preparing an anti-trust investigation of Alphabet Inc's Google, the Wall Street Journal reported on Friday, citing sources....
03:00 2019-06-01

Justice Department may sue to block Sprint, T-Mobile merger: CNBC The U.S. Justice Department would sue to block the merger of T-Mobile US Inc and Sprint Corp if the parties do not settle next week, CNBC reported on Thursday, citing sources....
18:12 2019-07-18

U.S. Justice Department trying to quash Mueller team testimony: report The Justice Department is trying to prevent two former members of Special Counsel Robert Mueller's team from testifying behind closed doors as Mueller prepares for a public appearance before lawmakers...
21:00 2019-07-10

The Justice Department is preparing a potential antitrust investigation of Google The Justice Department has taken early steps toward opening a federal antitrust investigation into Google, according to three people familiar with the matter....
04:36 2019-06-01

Justice Department stands by Mnuchin withholding Trump’s tax returns The department argues there was a plan to make the president’s tax returns public, which means the request was not to carry out a legitimate legislative function....
03:12 2019-06-15

Justice Department: Omarosa didn’t file financial disclosure The Justice Department has filed a lawsuit against former White House aide Omarosa Manigault Newman, alleging she failed to file a legally-required financial disclosure after she was fired from her po...
19:24 2019-06-27

Trump 'Dossier' Author Grilled By US Justice Department Watchdogs: Report Federal lawyers probing the origins of the investigation of ties between Russia and President Donald Trump's campaign have interviewed the author of a "dossier" that alleged misconduct between Trump.....
21:48 2019-07-09

US Justice Department Prepares Google Anti-Trust Probe: Sources The US Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in operating its sprawling online businesses, two sources......
09:00 2019-06-01

Justice Department to share material from Mueller report with House panel The House intelligence committee will receive an unredacted version of the Mueller report in exchange for not enforcing a subpoena against Attorney General William Barr, committee chairman Adam Schiff...
18:00 2019-05-22

Trump 'dossier' author grilled by Justice Department watchdogs: sources Federal lawyers probing the origins of the investigation of ties between Russia and President Donald Trump's campaign have interviewed the author of a "dossier" that alleged misconduct between Trump a...
12:24 2019-07-09

Senior Sinaloa drug cartel member extradited to U.S.: Justice Department A senior member of the Mexican Sinaloa drug cartel who was charged in 2012 has been extradited to the United States and will appear in court in Texas on Wednesday to face racketeering charges, the U.S...
06:12 2019-05-29

U.S. Department of Justice shifting census-related cases to new team of lawyers A new team of Civil Division lawyers at the Department of Justice will take over handling 2020 census-related cases, a spokeswoman for the agency said on Sunday....
04:00 2019-07-08

Former U.S. Army soldier indicted for planning to bomb rally: Justice Department A U.S. combat veteran was indicted by a federal grand jury on Wednesday for allegedly planning to bomb a rally in Long Beach, California, last month, the Justice Department said....
01:48 2019-05-23

Justice Department staff had urged rejection of Sprint-T-Mobile merger Justice Department staff reviewing the proposed merger of T-Mobile and Sprint had recommended that the U.S. government sue to block the $26 billion deal. The recommendation came before the two compani...
22:48 2019-05-22

UPDATE 4-U.S. Justice Department prepares Google antitrust probe -sources The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in operating its sprawling online businesses, two sources fam...
07:48 2019-06-01

Second U.S. judge blocks Justice Department bid for new legal team in census cases A second U.S. judge has rejected a Department of Justice request to replace its legal team in cases on the 2020 census as the Trump administration tries to add a contentious citizenship question....
01:24 2019-07-11

U.S. Justice Department still pondering census citizenship move: court filing The U.S. Justice Department is still considering how to proceed on an effort to add a citizenship question to the 2020 U.S. Census, according to court papers filed on Friday....
20:48 2019-07-05

UPDATE 2-U.S. Justice Department prepares antitrust investigation of Google - sources The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in how it operates its sprawling online businesses, two sourc...
05:12 2019-06-01

Justice Department Rebuffs Court Order to Turn Over Flynn Conversations The Department of Justice has refused to abide by a judge’s order to make public transcripts of conversations between Michael Flynn and Russia’s former ambassador to the U.S., Sergey Kislyak....
22:24 2019-06-01

Companies Struggle to Adapt to the Justice Department's Stance on Instant Messaging Companies are facing tough decisions about how to comply with U.S. Justice Department guidelines on employees’ use of disappearing-message apps after officials reversed a ban on the apps in a program ...
11:00 2019-06-22

Justice Department ready to stop the celebration at T-Mobile and Sprint headquarters This morning we told you that FCC Chairman Ajit Pai has recommended that his fellow Commissioners approve the T-Mobile-Sprint merger. With one other Commissioner stating that he would vote to allow th...
16:12 2019-05-21

Justice Department to hand over key Mueller report documents to Democrats, Nadler says Rep. Jerrold Nadler said the department will begin complying with the committee’s subpoena on Monday and provide some of Mueller’s “most important files.”...
19:36 2019-06-10

Mnuchin on solid ground in withholding Trump tax returns: Justice Department U.S. Treasury Secretary Steven Mnuchin did not violate the law by refusing to provide President Donald Trump's tax returns to Congress because the confidentiality of returns is protected under the law...
00:01 2019-06-15

Alaska to receive $10M from Justice Department to combat violent crime, AG Barr says Attorney General William Barr on Friday declared a public-safety emergency in Alaska so the Justice Department could allocate more than $10 million toward fighting violent crime in some of the state’s...
11:48 2019-06-29

Justice Department’s Antitrust Chief Sketches Out How Big Tech Firms Will be Assessed (WASHINGTON) — The U.S. Justice Department’s antitrust chief suggested Tuesday he’ll take a broad view of how competition is harmed when assessing whether big tech firms should be br...
13:12 2019-06-12

UPDATE 2-U.S. Justice Department to review 1941 ASCAP, BMI consent decrees The U.S. Justice Department said Wednesday it would review two consent decrees reached with music licensing groups ASCAP and BMI in 1941, a decision that could upend the business of licensing music to...
02:24 2019-06-06

Justice Department Opens Formal Review of Music-Licensing Rules The Justice Department opened a formal review of music-licensing rules that have been in place since 1941, a process that could shake up how businesses, broadcasters and digital streaming services sec...
23:01 2019-06-05

U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on...
03:12 2019-06-15

Judge Blocks Justice Department From Changing Lawyers in Census Fight NEW YORK — A New York judge says the Justice Department can’t change lawyers so late in the dispute over whether to add a citizenship question to the 2020 census. Judge Jesse Furman ruled ...
10:48 2019-07-10

U.S. Justice Department : ex-White House counsel McGahn has 'immunity from testifying' The U.S. Justice Department offered President Donald Trump legal cover on Monday to block former White House counsel Don McGahn from testifying before the House Judiciary Committee, saying McGahn has ...
15:12 2019-05-21

Justice Department Replaces Interpreters With Videos, Making Immigration Even More Dystopian The Trump administration announced today that they will end the practice of allowing in-person interpreters at initial court hearings for migrants and asylum seekers and instead will use recorded vide...
07:12 2019-07-04

Census 2020: justice department brings in new team to fight for citizenship question Civil rights groups and some states strongly object to the proposal, which is being championed by Donald TrumpA new team of lawyers at the Department of Justice will take over handling 2020 census-rel...
07:36 2019-07-08

U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, citing support from the Energy D...
00:24 2019-07-17

Democrats seek to rein in the contact between White House, Justice Department on probes Sen. Sheldon Whitehouse (D-R.I.) says the traditional limits have been cast aside and more than 800 officials can talk about investigations in the Trump administration....
00:24 2019-06-20

Department of Justice shakes up team handling 2020 census-related cases A new team of Civil Division lawyers at the Department of Justice will take over handling 2020 census-related cases, a spokeswoman for the agency said on Sunday, a shake-up that came as President Dona...
03:48 2019-07-08

Justice Department will appoint new legal team to handle census citizenship question A new legal team will lead the Trump administration's efforts to add a contentious citizenship question to the 2020 U.S. Census form, despite the U.S. Supreme Court ruling last month temporarily block...
18:00 2019-07-08

Justice Department backs Treasury in refusal to hand over Donald Trump's taxes The Justice Department on Friday released a memo in support of Treasury Secretary Steven Mnuchin's decision to refuse House Democrats' subpoena seeking copies of President Donald Trump's tax returns....
01:36 2019-06-15

UPDATE 1-U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week -source The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on...
01:24 2019-06-15

Judge blocks justice department's legal team change in US census cases A US district judge called the request ‘patently deficient’ after it was announced that nine lawyers would be replacedA federal judge in New York ruled the US Department of Justice can’t replace nine ...
05:48 2019-07-10

New York mayor says he regrets trusting U.S. Justice Department on Garner chokehold case New York City Mayor Bill de Blasio said on Wednesday that he regrets trusting the U.S. Department of Justice after federal prosecutors declined to charge a city policeman who used a fatal chokehold on...
23:24 2019-07-17

Judge blocks Justice Department from swapping lawyers in census question case A federal judge on Tuesday blocked the Justice Department from changing its legal team in a case related to a question about citizenship the Trump administration wants to include on the 2020 census....
07:48 2019-07-10

Justice Department Won’t Bring Charges Against NYPD Officer in Eric Garner’s Death In a move that is surprising to no one who has been paying attention, Trump’s Justice Department—lead by William Barr, aka “Evil Fred Flintstone”—will not bring any charges against the white New York ...
20:12 2019-07-16

Justice Department and House intelligence panel strike deal for Mueller materials The agreement means the committee will not enforce a subpoena against the attorney general, while the Justice Department works to turn over requested materials....
16:24 2019-05-22

Justice Department says allegations that it hid true motives for census citizenship question are ‘frivolous’ In a filing to U.S. District Judge Jesse Furman, DOJ attorneys accused lawyers challenging the question of trying to “derail” a Supreme Court ruling on the case, which is expected by the end of this m...
13:36 2019-06-04

Justice Department staff urged blocking $26 billion merger of Sprint and T-Mobile The recommendation — confirmed by a source familiar with the Justice Department’s thinking — came before the two wireless providers offered new concessions this week meant to appease regulators, inclu...
22:48 2019-05-22

U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources say The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with t...
21:36 2019-05-22

U.S. Justice Department watchdog to probe FBI role in dropping plan to move headquarters The U.S. Justice Department's watchdog will investigate the role of the FBI and Justice Department in a reversal of plans to move FBI headquarters to the Washington suburbs, Democratic congressional l...
17:24 2019-07-03

U.S. Justice Department's watchdog will probe FBI role in dropping plan to move headquarters The U.S. Justice Department's watchdog will investigate the role of the FBI and Justice Department in a reversal of plans to move FBI headquarters to the Washington suburbs, Democratic congressional l...
17:01 2019-07-03

House Democrats reach deal with Justice Department to review Mueller materials “These documents will allow us to perform our constitutional duties and decide how to respond to the allegations laid out against the President by the Special Counsel,” said House Judiciary Committee ...
19:48 2019-06-10

U.S. Justice Department keeps Manafort in federal custody, citing health, personal safety The U.S. Justice Department has decided to keep convicted felon Paul Manafort in federal custody, it said on Tuesday, citing concerns about the "health and personal safety" of President Donald Trump's...
15:36 2019-06-18

Plaintiffs seek to block Justice Department from changing lawyers in census citizenship case Those challenging the inclusion of the question said in a filing Monday that the Trump administration has not given “satisfactory reasons” for the move....
07:36 2019-07-09

Justice Department says Trump is asserting executive privilege over documents in fight over census question WASHINGTON (AP) — Justice Department says Trump is asserting executive privilege over documents in fight over census question. The post Justice Department says Trump is asserting executive privilege o...
17:24 2019-06-12

Justice Department will not charge New York City police involved in death of Eric Garner The decision comes almost exactly five years after Garner died on Staten Island, New York, after New York City police officer Daniel Pantaleo put him in a headlock....
19:12 2019-07-16

Justice Department reverses position on keeping citizenship question in census after Trump tweet WASHINGTON (NBC NEWS) – A top Justice Department lawyer said Wednesday the agency is trying to find a “legally available path” to include a citizenship question on the 2020 census af...
03:24 2019-07-04

On question of obstruction, Mueller hewed to untested Justice Department opinions and ‘principles of fairness’ In his first public comments, the exiting special counsel emphasized that departmental policy prevented him from considering whether he could charge the president with a crime....
03:24 2019-05-30

Justice Department Says It Was ‘Instructed’ by President Trump to Explore Ways to Put Citizenship Question on the Census President Donald Trump’s Wednesday morning announcement that he still aimed to add a citizenship question to the 2020 census, despide a serious Supreme Court setback, appears to coincide with th...
04:48 2019-07-04

Department of Justice is reportedly planning to replace in-person interpreters with informative videos at immigration hearings Associated Press/Eric Risberg The Department of Justice is planning to replace human interpreters at immigration court hearings with informative videos briefing migrants facing deportation on their r...
21:24 2019-07-09

Justice Department hires whole new team of lawyers to defend the Trump administration’s bid to include a citizenship question on the 2020 census REUTERS / Jonathan Ernst The Justice Department is shaking up the legal team fighting for the inclusion of a citizenship question on the 2020 census. The Justice Department is expected to file court...
12:12 2019-07-08

In Eric Garner case, Justice Department declines civil rights charges against New York City police officer The U.S. Department of Justice will not bring civil rights charges against the New York City police officer involved in the death of Eric Garner, a person familiar with the case confirmed to Fox News....
17:12 2019-07-16

Government Suspends Dealings With Pilatus Aircraft Over Corruption The Defence Ministry has suspended all business dealings with Switzerland-based Pilatus Aircraft Limited for one year following charges of payment of kickbacks in the sale of 75 basic trainer aircraft...
14:48 2019-07-16

U.S. Banks Rush In as European Banks Stumble The retrenchment of Deutsche Bank and other former European financial powerhouses has left a gaping hole in European banking. U.S. banks are filling the void, strengthening their stranglehold on the r...
19:24 2019-07-08

Investors Shun Banks Buying Other Banks Shares of banks buying other banks are underperforming, reflecting investor concerns that potential economic weakness could depress future earnings and portend bigger-than-expected loan losses at targ...
08:12 2019-06-17

Barr: Justice Dept. is ‘all in’ on criminal justice overhaul _____ EDGEFIELD, S.C. (AP) — Leroy Nolan has spent the last 26 years behind bars at a federal prison for a drug conviction. In the prison factory, he works making T-shirts, backpacks and other product...
22:48 2019-07-13

Alleged 1MDB Co-Conspirators Sentenced to Prison Two prominent figures in a global Malaysian sovereign-wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, according to a statement from the emirate’s criminal ...
14:48 2019-06-16

Malaysia aims to recover about $5 bln in 1MDB-linked assets Malaysia is looking to recover about $5 billion worth of foreign assets linked to state fund 1MDB, which is the subject of money laundering investigations, an anti-graft official said on Friday....
05:48 2019-06-21

How Malaysia’s 1MDB Scandal Shook the Financial World Malaysia’s state-owned investment fund, 1MDB, was supposed to promote development. Instead, it has spurred criminal and regulatory investigations around the world that have cast an unflattering spotli...
22:12 2019-07-11

Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at le...
19:48 2019-06-04

SEC probing Boeing over disclosures about 737 Max jetliner Boeing’s problems just came under a new microscope. The aircraft manufacturer is now under investigation by the U.S. Securities and Exchange Commission, following problems with its 737 Max jetliner, w...
16:36 2019-05-25

Malaysia Launches Legal Action To Recover 1MDB Millions Malaysia has launched legal action to recover about $65 million stolen from scandal-hit state fund 1MDB, much of it from groups connected to the ousted former regime, anti-corruption authorities said....
19:24 2019-06-21

Malaysia aims to recover about $5 billion in 1MDB-linked assets Malaysia is looking to recover about $5 billion worth of foreign assets linked to state fund 1MDB, set up in 2009 by then prime minister Najib Razak and the subject of money laundering probes, an anti...
08:01 2019-06-21

Prosecutors shielding ex-Goldman banker from 1MDB’s financial documents Assistant US Attorney Drew Rolle said his office was particularly concerned about former banker Roger Ng viewing "the entire contents of personal email accounts" that are not his....
04:36 2019-07-19

The Latest: AP source: NBA also probing Lowry being shoved The Latest: The Latest: Person with knowledge tells AP that NBA also investigating Lowry being shoved by fan        ...
21:12 2019-06-06

UPDATE 3-Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at le...
18:48 2019-06-04

‘Wolf of Wall Street’ Producer Charged in Malaysia’s 1MDB Scandal (KUALA LUMPUR, Malaysia — “The Wolf of Wall Street” producer and stepson of Malaysia’s former prime minister pleaded not guilty on Friday to laundering $248 million from a stat...
12:48 2019-07-05

Malaysia's 1MDB criminal case against Goldman Sachs delayed to September Malaysia's criminal case against U.S. investment bank Goldman Sachs involving $6.5 billion 1MDB bonds will be postponed to September, a court ruled on Monday, after defense lawyers asked for more time...
06:36 2019-06-24

APNewsBreak: Navy probing claims against war college leader NEWPORT, R.I. (AP) — The military is investigating the president of the U.S. Naval War College amid allegations that he spent excessively, abused his hiring authority and otherwise behaved inappropria...
14:00 2019-06-07

Cops probing possible ‘foul play’ in disappearance of Connecticut mom Authorities are investigating whether “foul play” led to the disappearance of a Connecticut mom of five who’s involved in a bitter divorce, cops said on Wednesday. A statement releas...
06:48 2019-05-30

Hackers behind dangerous oil and gas intrusions are probing US power grids Enlarge / Power Lines in Page, Arizona (credit: IIP Photo Archive) In a new troubling escalation, hackers behind at least two potentially fatal intrusions on industrial facilities have expanded thei...
14:48 2019-06-15

State AG probing subway flood that swept man off his feet State Attorney General Letitia James on Friday launched an investigation into claims that builders of a luxury high-rise were responsible for the deluge that flooded a Long Island City subway platform...
00:48 2019-07-20

Malaysian police raid Deloitte office for 1MDB-related documents: sources Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday as part of a widening probe into a multibillion-dollar scandal at state fund 1MDB, two police sources told Reuters....
13:36 2019-05-23

‘Wolf of Wall Street’ producer charged with money laundering in 1MDB scandal Malaysia on Friday charged one of the producers of the film “The Wolf of Wall Street,” and stepson of the former prime minister, with money laundering, alleging he misappropriated $248 million linked ...
17:48 2019-07-05

'Wolf of Wall Street' producer charged with 1MDB money laundering in Malaysia Malaysia on Friday charged one of the "Wolf of Wall Street" film producers, and stepson of former prime minister Najib Razak, with money laundering, alleging he misappropriated $248 million linked to ...
05:24 2019-07-05

Senator probing federal backing of loans to Subway franchisees Fast-food chain Subway has raised the ire of a US senator, The Post has learned. US Sen. Catherine Cortez Masto (D-Nev.) is investigating the federal government’s backing of loans to Subway franchisee...
11:00 2019-05-23

Federal grand jury probing GOP fundraiser Elliott Broidy NEW YORK — A federal grand jury in New York is investigating top Republican fundraiser Elliott Broidy, examining whether he used his position as vice chair of President Donald Trump’s inaugural commit...
16:48 2019-07-08

Probing Larger Conspiracy In NSE Co-Location Scam, CBI Tells Court Elaborating on the scope of the investigation since the registration of the FIR, the CBI told the court that it was trying to ascertain the channel used by Mr Shah to access NSE trade data...
21:01 2019-05-22

NYPD probing scuffle between cops caught on video in Harlem The NYPD is investigating a scuffle between two cops on a Harlem street that was caught on camera, authorities said Monday. The video shows one of the NYPD officers get out of the driver’s seat of a p...
12:24 2019-06-04

U.N. investigator calls for probing Saudi officials in Khashoggi killing The U.N. inquiry into Jamal Khashoggi's death said high-level Saudi officials, including Crown Prince Mohammed bin Salman, likely knew a criminal mission was being planned....
14:36 2019-06-19

Canada police probing 'possible policy breaches' at National Microbiology Lab Canada's national police force said on Monday it is investigating a referral by the country's Public Health Agency over "possible policy breaches" at its National Microbiology Lab, whose work includes...
07:36 2019-07-16

Trump trashes Cuomo, Letitia James for probing his businesses President Trump on Monday ripped Gov. Andrew Cuomo and New York’s current and former attorneys general — complaining that they were investigating his businesses only “to make me look as bad as possibl...
21:36 2019-07-01

'The Wolf of Wall Street' Leads to 1MDB Arrest of Ousted Malaysian Leader's Stepson Antigraft authorities arrested former Malaysian Prime Minister Najib Razak’s stepson, who co-founded the company that produced “The Wolf of Wall Street,” months after the ousted leader was charged in ...
14:24 2019-07-04

CBI Officer Probing Rakesh Asthana Case Sent Back To State Cadre A CBI officer in charge of the probe against Rakesh Asthana, a former Special Director at the agency transferred under controversial circumstances earlier this year, was removed from his position by.....
20:12 2019-07-10

Three states join AG group probing planned merger of Sprint and T-Mobile The attorneys general of Arizona, Michigan and Pennsylvania have joined a group of states probing T-Mobile's plan to buy rival Sprint for $26 billion, which is believed to be nearing the end of a regu...
23:24 2019-06-06

Navy probing troops’ unofficial ‘Make Aircrew Great Again’ patches The Navy is reviewing whether service members violated Defense Department policy by wearing unofficial uniform patches with the words “Make Aircrew Great Again” when President Trump visited their ship...
15:48 2019-05-29

Latest Returned 1MDB Loot Includes a Vintage King Kong Poster and a Basquiat Drawing A vintage French “King Kong” poster, a Jean-Michel Basquiat drawing, and several luxury watches are among the latest haul of returned treasures that were allegedly bought with money stolen...
09:24 2019-07-16

Feds probing Harvard coach who sold home to family of soon-to-be admitted student A longtime Harvard University fencing coach is under federal investigation for allegedly selling his Massachusetts home to a businessman whose son wanted to attend the school, according to a report We...
14:48 2019-06-19

Panel Probing Easter Attacks Submits Final Report To Sri Lanka President A three-member committee appointed to probe the Easter Sunday attacks in Sri Lanka that killed 258 people, including 11 Indians, submitted its final report to President Maithripala Sirisena today....
15:12 2019-06-10

Cops probing anti-Semitic message at Jewish Children’s Museum as hate crime An anti-Semitic note was found on a billboard at the Brooklyn Jewish Children’s Museum on Thursday evening, and police are now investigating it as a hate crime, cops said. The post-it note with “Hitle...
08:48 2019-05-31

Deutsche Bank to axe 18,000 jobs Deutsche Bank says it will cut 18,000 jobs by 2022 as part of a major restructuring of the embattled bank. For years, Germany's biggest lender has suffered from weak performance and legal woes....
00:12 2019-07-08

Deutsche Bank's Best Shot May Not Be Enough In theory, Deutsche Bank’s strategic reset is as sensible as it is overdue. In practice, it will require flawless execution and may not go far enough....
19:24 2019-07-08

Deutsche Bank: is it really different this time? Christian Sewing has set the bank a difficult task of cutting businesses and costs yet growing revenues in the next three years; not everyone is convinced it can do both...
17:48 2019-07-08

Banks Had to ‘Dig in the Mud’ to Make Her New Album III Singer-songwriter Jillian Banks, known as Banks, helped popularize the brooding R&B sound that’s dominated pop this decade. Now, after a two-year self-imposed hiatus, she returns with her third ...
13:12 2019-07-11

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his restructuring plan....
20:12 2019-07-07

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-mighty bank’s retreat from global prominence sent....
17:36 2019-06-28

Trump says Deutsche Bank 'maligned' U.S. President Donald Trump in a tweet on Thursday said Deutsche Bank AG, which he has done business with, was being "badly written about and maligned."...
14:36 2019-07-11

New man on the board to clean up Deutsche Bank's act The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank's regulatory scandals has risen rapidly at the German bank, jumping to the management board after three years as a "spar...
23:12 2019-07-17

Deutsche Bank considering up to 20,000 job cuts, WSJ reports Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discus...
18:36 2019-06-28

Banks can help to alleviate the refugee crisis Humanitarian crises are emerging market issues and local banks are the best way to distribute aid. Banks should make it easier and cheaper to get funds to them....
15:36 2019-05-21

The best USB power banks for phones and tablets By Sarah Witman This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, Wirecutter and Engadget may earn affiliate commis...
18:48 2019-06-07

The banks are back with another big credit bubble Financial regulators need to rein in the growth of high-risk, high-yield lending to business. If they wait to act until they can say with certainty that a credit bubble is about to burst, they’ve wait...
04:36 2019-06-01

U.S. Fed's Daly says banks need to do right by customers, communities Banks need to change their internal cultures if they are to combat competition from technology companies for customers soured on traditional financial institutions after the 2007-09 financial crisis, ...
04:48 2019-06-03

International investment banks: It’s all about China International IBs pride themselves on the diversity of their business in Asia Pacific, but a bank without a decent China business in this region is nowhere. It is the engine of both regional and globa...
14:39 2019-05-21

Swiss gov't OKs regulatory approach for big banks The Swiss government does not see any need for fundamental changes in the way big banks including UBS Group and Credit Suisse are regulated, it said on Wednesday after a review it does every two years...
12:00 2019-07-03

Markets Right Now: Stocks rebound, led by banks NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher on Wall Street Friday, led by gains in financial companies, as the market rebound...
22:24 2019-05-24

Banks Get the Late-Cycle Blues Quarterly results from a trio of big U.S. lenders showed slowing loan growth and declining net interest margins. Goldman Sachs looks less impacted than peers thanks to a diversification drive but, if ...
19:00 2019-07-16

What a ‘Direct Listing’ Is, and Why Banks Are Nervous Hot technology startups have traditionally raised the cash they needed to break into the big time through initial public offerings. IPOs became synonymous with instant wealth for company founders and ...
18:00 2019-06-19

Is it time for Asian banks to go global? As Asia’s share of world GDP and global capital increases, the trend among Asia-based banks is for regional rather than global expansion. The region’s leading chief executives explain their approach t...
20:36 2019-05-21

How to deal with an unhelpful HR department Human resources is the most redundant, useless, annoying section of any organization. Is there an alternative to going to HR for advice or help? I’d like to take a poll, my dear readers: If you were f...
15:12 2019-06-23

The new Right: Who needs a billing department when you have Congress? How much is a doctor’s skill and time worth? Is it what some bureaucrat tucked into a back office of a government building deems his value, or what a market deems his value? Do we accept the number th...
22:12 2019-06-06

Former Deutsche Bank co-CEO included in cum-ex probe: paper German prosecutors are probing former Deutsche Bank co-Chief Executive Anshu Jain and 78 other current and former bank officials as part of an investigation into a dividend tax-stripping scheme, Germa...
18:36 2019-06-07

Sewing’s savings: how Deutsche Bank will try to turn itself around Germany’s biggest bank wants to convince investors that its latest restructuring effort differs from previous attempts by returning the firm to its original mission....
17:48 2019-07-08

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restructuring....
21:48 2019-07-09

Deutsche Bank's uncertain road to recovery The German lender is planning to cut thousands of jobs and shed whole business lines as part of a major reorganization. Analysts say cost cutting alone is not going to rid Deutsche Bank of its current...
12:48 2019-07-05

Deutsche Bank slashing 18K jobs by 2022 FRANKFURT, Germany — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consiste...
23:48 2019-07-07

How Deutsche Bank could turn into another Lehman Brothers Stock enthusiasts would be wise to keep a close watch on what is happening at Deutsche Bank, which shook up its business and said it planned to lay off thousands of traders and other workers. One of D...
04:36 2019-07-09

Germany's first 5G network launched by Deutsche Telekom Germany's largest telecom company has launched the country's first 5G network, but for now it only works in two cities and with a €900 smartphone. By the end of 2020, 5G coverage is due in 20 German c...
13:12 2019-07-04

Deutsche Bank careers end in an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a re...
09:24 2019-07-09

Foreign-Owned Banks’ Results Could Sweeten Further Under Tax Law Large U.S. financial institutions reaped a windfall from the 2017 Trump tax cuts. Now foreign banks are pushing for favorable treatment from Treasury....
11:36 2019-07-19

Fed Wants to Teach Banks Through Stress Tests, Not Fail Them A top Federal Reserve official said his agency’s tests of whether big banks can withstand a future economic shock need to be more predictable and easier for firms to pass....
05:48 2019-07-10

SBI Says Monitoring Exposure To Shadow Banks "Very Closely" A series of defaults at lender Infrastructure Leasing and Financial Service Ltd last year raised concerns about the country's shadow banking industry...
17:36 2019-06-06

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
21:00 2019-07-14

'More transparency' needed on who banks are financing, says investor Eric Borremans of Pictet Asset Management discusses the investment strategy that takes into account environmental, social and corporate governance factors....
09:24 2019-07-05

'On Tap' Licensing For Small Finance Banks Under Study, Says RBI The Reserve Bank of India (RBI) on Thursday said it was considering 'on-tap' licensing facility for small finance banks and proposed to issue the draft guidelines by the end of August....
17:36 2019-06-06

How multilateral development banks moved to Asia The alphabet soup of multilaterals in the region has become hard to understand during the past decade, so Euromoney tries to read between the acronyms to assess what impact they will make....
14:39 2019-05-21

Khartoum banks shuttered on second day of opposition strikes Banks in the Sudanese capital Khartoum were closed on Wednesday on the second day of strikes organized by protest and opposition groups to pressure military rulers to cede power to civilians....
01:12 2019-05-30

Koepka banks on caddie's local knowledge American Brooks Koepka believes he has a "big advantage" in this week's British Open in the form of his local-born caddie who grew up playing on Royal Portrush....
15:48 2019-07-16

The German Tax-Dodge Probe That’s Roiling Banks The investment seemed virtually risk-free, guaranteeing hefty returns after only a short season of trading. By exploiting how Germany once taxed dividend payments, dozens of bankers, brokers and lawye...
12:00 2019-06-28

What’s Suspicious? Here’s How Banks Apply the Smell Test The phrase “if you see something, say something” isn’t just about packages left on the subway. Banks around the world have a similar duty. The first line of defense against money laundering and other ...
00:00 2019-05-24

Mexico: Banks free Pemex from bondage HSBC, JPMorgan and Mizuho lend Mexico’s oil company $8 billion after investors show no interest in non-deal roadshow – and that’s the least of the firm’s problems....
21:12 2019-05-23

Preserve your ammunition, BIS urges top central banks Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing higher growt...
14:48 2019-06-30

Banks Can Now Use Aadhaar For Identity Verification With Consent The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts...
19:24 2019-05-29

RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged this...
19:12 2019-06-09

New North Korea sanctions would tell Chinese banks: It's us or them A new round of sanctions targeting North Korea would force Chinese banks to choose between doing business with the United States and doing business with North Korea....
03:12 2019-06-28

Tarantino is top dog at Cannes - at least in the pooch department Twenty-five years after taking the festival by storm with "Pulp Fiction", Quentin Tarantino's latest movie has already clinched an award at Cannes - thanks to a dog in a show-stealing fight scene....
18:24 2019-05-24

Who Must Obtain A PAN? Income Tax Department Explains PAN card rules: PAN or Permanent Account Number is a 10-digit alphanumeric identification number is issued by the Income Tax Department to assessees including individuals and charitable trusts. The......
16:24 2019-07-17

Credit Suisse exec heads to Deutsche Bank Deutsche Bank has named Steven Feinberg to manage its US investment-grade debt trading, Bloomberg reported. Feinberg had previously worked at Credit Suisse Group for almost two decades. Feinberg will ...
07:36 2019-06-20

Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another a...
16:48 2019-07-08

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday...
23:00 2019-07-03

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment bank....
23:12 2019-06-18

Deutsche Bank Credit Rating Downgraded by Fitch Fitch Ratings on Friday downgraded Deutsche Bank AG’s long-term debt rating, citing the German lender’s low profitability and doubts about its business model....
22:12 2019-06-07

Deutsche Bank, in a Last-Ditch Effort to Stop Its Spiral, Could Lay Off 20,000 The German bank is said to be preparing a sweeping restructuring that will eliminate thousands of jobs and bring to an end its 20-year foray into Wall Street....
00:48 2019-06-29

Deutsche Bank shares slide again on skepticism about turnaround Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporat...
11:24 2019-07-09

Deutsche Bank in wealth management hiring spree Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier r...
11:48 2019-06-30

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in the bank’s protracted effort to close compliance g...
12:00 2019-06-12

Deutsche Telekom first to market in Germany with limited 5G rollout Deutsche Telekom stole a march on its competitors by announcing a limited rollout of 5G services in its German home market on Wednesday, targeting early adopters in cities with the high-speed mobile t...
16:00 2019-07-03

Deutsche Bank Seeks to Reassure Investors Over Restructuring Deutsche Bank shares were volatile as the German lender insisted it could radically restructure its business without having to ask shareholders for more capital to help pay for staff cuts and losses....
15:01 2019-07-08

Deutsche Bank to Slash 18,000 Jobs in a Sweeping Restructuring FRANKFURT, Germany (AP) — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at r...
07:12 2019-07-08

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to face restive investors at an annual meeting....
01:48 2019-05-23

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 job...
22:24 2019-07-07

Deutsche Bank careers curtailed with an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a re...
16:48 2019-07-08

Germany Inc. Shudders as Deutsche Bank, Others Face Crises German efficiency has taken a hit this year as many of the country’s most recognizable corporations have faced setbacks, hurt by a slowing local economy, questionable business decisions and digital tr...
13:12 2019-07-12

Deutsche Bank, massive payoffs and being rewarded for failure Public outrage at departing financial executives receiving millions is often palpable. Yet grappling with the issue is harder than it looks in an industry that serves itself above all others....
12:12 2019-07-12

Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hitters such as JP Morgan Chase & Co and Goldman......
06:12 2019-07-08

Deutsche Bank set to return to roots with radical reboot The German lender is cutting thousands of jobs and shedding whole business lines as part of a massive overhaul. Analysts say cost cutting alone is not going to rid Deutsche Bank of its current woes....
13:24 2019-07-08

How Deutsche Bank’s Woes Infect All European Lenders Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executives and seemingly endless resets of strategy. The fla...
13:12 2019-07-08

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Monday....
16:48 2019-07-08

Deutsche Bank shares rise after shake-up to cut 18,000 jobs Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts i...
10:00 2019-07-08

Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a......
23:00 2019-07-08

Commerzbank open to M&A after Deutsche Bank talks collapse Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chief executive said on Wednesday....
20:00 2019-05-22

Trump is a huge headache for Deutsche. But the bank has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as 18,000 jobs could be cut across the world....
08:24 2019-07-08

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the m...
14:36 2019-05-24

Deutsche Bank layoffs on heels of years of trouble AP banking reporter Ken Sweet said the layoffs just announced at Deutsche Bank are a sign of "trouble" for a bank that has seen a revolving door of CEO's. (July 8)      ...
03:00 2019-07-09

Dollars in the detail: banks pan for gold in 'data lakes' From sending special offers on restaurants to burger-loving current account holders to selling anonymized credit card records, banks are racing to monetize the huge troves of data they hold....
12:24 2019-06-21

Why India’s Troubled Shadow Banks Spook the Market India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in...
11:48 2019-07-02

World's central banks to tackle technology with BIS innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by ...
17:48 2019-06-30

Big Banks Ace First Round of Federal Reserve's 'Stress Tests' The biggest banks in the U.S. have enough reserves to continue lending in a severe economic downturn, the Federal Reserve said in its annual review of large financial firms....
04:24 2019-06-22

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have faile...
19:00 2019-06-27

BoE: UK banks can withstand Brexit and trade war double-whammy Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brexit, the Bank of England has said....
13:24 2019-07-11

U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to sharehold...
21:24 2019-06-28

Mexico's Leftist President Emerges as Unlikely Friend to Big Banks Andrés Manuel López Obrador believes a greater reliance on banks will lead to a reduction in Mexicans’ dependence on untraceable cash transactions, while expanded access to the financial system could ...
17:12 2019-05-21

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks in 2019....
17:36 2019-06-28

Markets Right Now: Banks lead early gains for US stocks NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Banks were leading stocks higher in early trading on Wall Street after the Federal Reserve gave many of the...
16:12 2019-06-28

Foreign funds loosen bearish bet on big Italian banks Funds that built big short positions in Italy's leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows....
01:36 2019-05-23

Nicaragua warns banks of sanctions if they join strike Nicaragua's finance minister warned banks Wednesday that the government will sanction those that participate in a general strike scheduled for Thursday to pressure for the freeing of political prisone...
08:24 2019-05-23

UK's interfaith food banks are filling welfare gaps As poverty levels in the UK increase many of those affected are turning to food banks run by churches and mosques to get by. Damaging welfare cuts by the government are exacerbating an already dire si...
15:00 2019-06-29

Shares in big banks climb as Fed approves capital plans Shares in the S&P 500 bank index rose 2.6% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health....
18:36 2019-06-28

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Ban...
10:00 2019-06-21

Activists urge banks not to finance Ugandan oil pipeline A group of 30 international and local campaign groups have petitioned two banks to abandon plans to raise funds to build an oil pipeline to export Ugandan oil, saying the project would damage local li...
20:00 2019-06-07

Charges Levied By Top Banks In Case Of A 'Cheque Bounce' Cheque bounce is a 'dishonour of cheque' that happens when the account holder has non-sufficient funds (NSF) in the bank account or if the signatures on the cheque do not match with the original......
15:36 2019-06-01

No Space To Keep Coins, Banks Tell Shirdi Sai Baba Temple The counting of cash collected in donation boxes of the famous Sai Baba temple in Shirdi was on Friday cancelled as bank officials did not turn up citing lack of space to keep coins, Shri Saibaba......
16:12 2019-06-14

Germany planning to set 0.25% countercyclical capital buffer for banks Germany's Financial Stability Board suggested the introduction of a countercyclical capital buffer of 0.25% for banks to ensure lending should there be a sustained downturn in Europe's largest economy...
16:36 2019-05-27

Google Pay inches closer to US ubiquity with support for 32 new banks Formed in 2018 by combining Google Wallet and the 2015-released Android Pay platform, Google Pay is probably not as widely used in the US as arch-rival Apple Pay, but it's certainly supported on a sim...
13:01 2019-05-22

California Senate OKs Special Banks for Marijuana Retailers SACRAMENTO, CA – The California Senate has voted to allow special banks to handle money from legal marijuana retailers. Recreational marijuana use has been legal in California since January 2018...
00:12 2019-05-22

Electric bus maker Proterra hires banks for IPO -sources Proterra Inc, the U.S. electric bus manufacturer whose investors include car makers Daimler AG and BMW AG, has hired investment banks to prepare for an initial public offering (IPO), according to peop...
17:01 2019-07-03

"Ask Your Banks...": Vijay Mallya On Being Trolled Over Chris Gayle Pic Businessman Vijay Mallya, who is facing extradition to India over charges of fraud and money laundering amounting to Rs. 9,000 crore, was subjected to heavy trolling on Saturday after West Indies......
07:12 2019-07-14

Top Australian banks join IBM, Scentre in blockchain project Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitize bank guarantees....
05:00 2019-07-04

Man sought after allegedly robbing multiple Tucson banks TUCSON – A man is wanted in connection to multiple bank robberies across the Old Pueblo, Tucson Police Department reported Wednesday morning. TPD said the most recent bank robbery occurred on Ju...
03:24 2019-07-04

Banks scramble to re-pitch for Aramco IPO roles: sources Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy minister confirming plans fo...
19:48 2019-07-02

Smart & Final changes on US$340m loan could mean losses for banks NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of chang...
22:12 2019-06-18

World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by ...
16:12 2019-06-30

Banks shuttered as Sudan opposition stages second day of strikes Banks in the Sudanese capital Khartoum came to a virtual standstill on Wednesday as protest and opposition groups organized a second day of strikes to pressure military rulers to cede power to civilia...
23:36 2019-05-29

Dollars in the detail; banks pan for gold in 'data lakes' From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves of data they hold....
09:12 2019-06-21

Government Should Focus On Agriculture, Shadow Banks, Says SBI Research In its research report, SBI's Economic Research Department said that ideally government should keep the fiscal deficit numbers constant for the next two years...
17:00 2019-07-02

Emerging Market Central Banks Keep Cutting Rates Then, interest rate hikes by emerging market central banks outstripped or matched cuts for nine straight months as they battled the fallout from a strong dollar, rising inflation and softer......
17:00 2019-07-02

The best power banks of 2019: portable chargers to keep your gadgets going Power banks are one of the ultimate accessories for the modern gadget lover to have stowed away at the bottom of their bag. Whether it's to recharge your phone, laptop, Nintendo Switch or an...
19:00 2019-06-20

San Francisco Fed Wants to Reward Banks for Climate-Change Loans The Federal Reserve Bank of San Francisco says banks can get extra credit for making loans that help communities adapt to climate change and prepare for future natural disasters....
20:12 2019-06-17

Fintech start-ups are now more ready to work with banks, says ANZ exec Sreeram Iyer, chief operating officer for institutional business at ANZ, said "it was quite hard to find adequately mature fintechs" a few years ago....
05:00 2019-06-28

EU banks worry about dividends as capital demands jump Major European Union banks face a collective shortfall of 135 billion euros ($153 billion) to meet global capital requirements by 2027, meaning they may need use profits to raise their capital by at l...
09:36 2019-07-03

Behind the Labor Department’s gambling game of job reports If we are to believe the US Labor Department, companies went through a massive hiring spurt in April and then slammed on the brakes in May. Neither is likely. Today, we are going to have a little fun ...
10:36 2019-06-11

Natural Gas Is Now Called 'Freedom Gas,' According to the Department of Energy Jingoistic nationalism and promoting fossil fuels go hand in hand for the Trump administration. But the Department of Energy took that connection to a new level on Tuesday with a press release touting...
21:48 2019-05-29

Travel advisories by country, per the US Department of State The U.S. Department of State issues travel advisories intended to help travelers understand the risks involved in visiting certain countries.       ...
17:00 2019-07-17

Department of Agriculture suspends bee population research The US Department of Agriculture has angry beekeepers buzzing after suspending data collection on the insects’ decline. The agency blamed cost cuts, CNN reported Saturday. An annual department survey,...
13:00 2019-07-07

Huawei is still very much blacklisted as far as the US Commerce Department is concerned When President Trump announced out of nowhere that US companies can once again supply key components to Huawei giving the Chinese tech giant more time to develop in-house alternatives, we were all lef...
14:36 2019-07-03

Monsoon Likely To Become Active This Week, Says Weather Department June ended with 33 per cent of monsoon precipitation and over 78 per cent of meteorological subdivision recording "deficient" rainfall, according to the India Meteorological Department (IMD)....
02:36 2019-07-01

State Department OKs possible sale of F-16 fighters to Bulgaria The U.S. State Department has approved the possible sale of eight F-16 aircraft and related equipment to Bulgaria at an estimated cost of $1.67 billion, a Pentagon agency said on Monday....
23:24 2019-06-03

From Deutsche Bank to Renault, Why National Champions Are Back in Vogue “National champions” are back in fashion, particularly in Europe. The term is code for government support for home-grown corporate powerhouses as a way to give them an edge over outside competitors an...
18:00 2019-06-07

Deutsche Bank shares rise as 18,000 global job cuts begin Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts i...
09:24 2019-07-08

Deutsche Bank to layoff 126 New York staff as part of restructuring Deutsche Bank AG plans to lay off 126 employees in New York in the coming months, according to a filing the bank made with New York state that was made public on Thursday....
00:12 2019-07-12

Deutsche Bank shares slump further as fallout from bad press continues Investors complain shares are worth less than a pack of cigarettes after 40% slump in 10 monthsDeutsche Bank shares slid to fresh lows as its boss announced “tough cutbacks” for the investment bank fo...
14:00 2019-05-24

Deutsche Telekom loses lawsuit over all-you-can-watch video product Deutsche Telekom has lost a legal battle to continue offering an all-you-can-watch mobile video product after a court sided with the German regulator, saying it violated European rules on roaming and ...
00:36 2019-07-16

Senate Democrats seek Fed probe into Deutsche Bank and Trump A group of U.S. Senate Democrats is urging the Federal Reserve to investigate Deutsche Bank AG's relationship with President Donald Trump and his son-in-law and adviser Jared Kushner....
22:48 2019-06-06

Deutsche Bank faces investigation for possible money-laundering lapses: NYT U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday....
11:12 2019-06-20

Deutsche Bank to shrink or shut U.S. equity and trading businesses - FT Deutsche Bank is planning to overhaul its trading operations, including the creation of a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading b...
23:24 2019-06-16

Deutsche Bank cutting space at new office prior to move Embattled Deutsche Bank is downsizing so fast it’s giving up some of its relocation space at Time Warner Center before it even moves in. The German giant has already returned two floors to landlord Re...
05:24 2019-07-16

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence Deutsche Bank has had talks with Citigroup, BNP Paribas and others that could involve selling or transferring parts of its once-prized equities business, including operations that serve hedge funds an...
21:24 2019-07-02

Exclusive: Deutsche Bahn reviews consultancy contracts with ex-managers Deutsche Bahn is reviewing consultancy contracts granted to former managers without the knowledge of the state-owned railway operator's supervisory board, it said on Thursday....
16:12 2019-06-06

Partial ECM exit to leave Deutsche Bank focused on Europe Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in the United States and retreating from most of Asia, ...
16:48 2019-07-12

Factbox: Deutsche Bank staff react to 18,000 global job cuts Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an investment bank since the aftermath of the financia...
16:48 2019-07-08

Deutsche Bank to Exit Global Equities, Trading Business Deutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decli...
02:12 2019-07-08

Court: Deutsche Bank may release files on Donald Trump US President Donald Trump has failed in his legal attempt to stop Congress subpoenas to force Deutsche Bank to release his financial details. The German bank reportedly lent Trump over $2 billion in t...
04:12 2019-05-23

Deutsche Bank flags 'tough cutbacks' as shareholders grumble Chief executive Christian Sewing has promised to speed up the embattled bank's "transformation," as he faces disgruntled shareholders and activists in Frankfurt....
13:12 2019-05-23

Trump defends his creditworthiness after report says Deutsche Bank ignored red flags A series of tweets Monday marked the latest chapter in Trump's decadeslong effort to refute published reports that his previous financial problems have rendered him an undesirable client for some...
19:00 2019-05-21

Deutsche Bank chairman signals cuts are in store as AGM starts Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany's largest lender and that the chief executive would soon elaborate on the topic at the bank's annual general me...
13:36 2019-05-23

Deutsche Bank looks to boost wealth management as part of reinvention With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the out...
18:48 2019-07-10

Some major Deutsche Bank investors want chairman to go early: sources At least three major investors in Deutsche Bank want Chairman Paul Achleitner to step down early amid discontent with the bank's turnaround, two people with knowledge of the matter said on Tuesday....
16:24 2019-05-21

Opinion: Deutsche Bank halts global adventure in lending The days when Deutsche Bank officials played big to win big are over. The lender's new credo is "back to the roots." The plan to overhaul Deutsche Bank is radical, DW's Henrik Böhme writes, but the ou...
04:00 2019-07-08

Deutsche Bank to shrink or shut U.S. equity and trading businesses: FT Deutsche Bank is planning to overhaul its trading operations, including the creation of a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading b...
23:12 2019-06-16

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020 with possible testing to begin later this year, a Deutsche Bank strategi...
21:00 2019-07-14

Deutsche Telekom, Huawei customer, continues vendor review Deutsche Telekom said it was continuing a review of its vendor strategy as it announced the limited launch of 5G services in its home market, where it has partnered with China's Huawei Technologies in...
16:00 2019-07-03

Deutsche Bank ready for more cuts as share price sags FRANKFURT, Germany (AP) — The CEO of Deutsche Bank says he is ready to make “tough cuts” as he aims to strengthen the struggling bank’s profitability and raise a “disappointing...
13:12 2019-05-23

Big Banks Are Earning Billions of Dollars. Trump’s Tax Cuts Are a Big Reason. The five largest United States banks reported tax rates of 22 percent or less for the second quarter this year. Lower taxes helped smooth over earnings rough spots....
23:01 2019-07-17

Global Recession Risks Are Up, and Central Banks Aren’t Ready The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation....
09:24 2019-07-09

Dubai's GEMS to meet banks for $1.65 bln refinancing - LPC news service Dubai-based GEMS Education is meeting banks in London and New York this week to discuss refinancing worth $1.65 billion, according to LPC, a fixed income news service that is part of Refinitiv....
10:12 2019-07-14

Banks to include CO2 emission measures in shipping loan decisions A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday....
03:48 2019-06-18

Global stocks, yields steady with focus on Fed, central banks A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the wee...
19:24 2019-06-17

Exclusive: Banks face new challenges in Italian diamond scandal A long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy’s largest lender, and smaller r...
14:12 2019-06-17

With Defaults and Failures at India's Shadow Banks, 'Confidence Is Shaking' A pair of defaults and failures by nonbank lenders in India has cut down on consumer and business credit, weighing on the country’s economic growth and prompting calls for tighter regulation....
16:24 2019-07-04

Samsung, telcos, and banks to collaborate on blockchain mobile authentication Samsung Electronics, SK Telecom, KT, LG Uplus, KEB Hana Bank, Woori Bank, and Koscom have formed a consortium to build a new blockchain network as a foundation for a new mobile authentication service....
08:24 2019-07-15

Bangladesh rivers break their banks, forcing 400,000 to flee homes Rain-swollen rivers in Bangladesh broke through at least four embankments, submerging dozens of villages and doubling the number of people fleeing their homes overnight to 400,000 in one of the worst ...
11:00 2019-07-19

UPDATE 1-World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by ...
17:48 2019-06-30

Government Needs To Encourage Banks To Lend To Realty Developers: Experts Experts say growth in the real estate sector seems stagnant and immediate solutions are not expected, however the government is urged to take steps to boost liquidity....
13:00 2019-06-19

Singapore to allow virtual banks as part of move to open up market Singapore's central bank plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver the biggest shake-up in two decades in a market dominated by local banks....
22:12 2019-06-28

Best portable laptop battery chargers and power banks in 2019 On this page you'll find the best portable laptop battery chargers and power banks – and each one we feature here will allow you to quickly and easily charge your laptop while on the go.Th...
04:12 2019-06-29

Singapore to allow virtual banks as part of a move to open up the market Singapore plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver a massive shake-up in a market dominated by local banks....
08:12 2019-07-01

Budget 2019: Rs 70,000 Crore Earmarked For Public Sector Banks Finance Minister Nirmala Sitharaman on Friday announced that Rs 70,000 crore would be given to the public sector banks to boost their capital and credit capacity....
11:36 2019-07-05

Bundesbank's Weidmann says 'virtual' coins could undermine banks if used widely Virtual tokens pegged to official currencies, known as stablecoins, could undermine banks if they became widely used, the head of Germany’s central bank said on Friday....
17:36 2019-06-21

UPDATE 1-Banks scramble to re-pitch for Aramco IPO roles - sources Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy minister confirming plans fo...
17:00 2019-07-02

Wall Street banks bailing on troubled U.S. farm sector In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
14:48 2019-07-11

CEE home team advantage: The rise of the local investment banks Since 2008, rising local players have gained the upper hand over risk-averse global investment banks in emerging Europe as the flow of larger deals has declined, but that could change as regional firm...
14:33 2019-05-21

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
20:48 2019-07-16

UPDATE 2-Nigeria orders banks to lend or face sanctions Nigeria's central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving an economy stuck with low growth....
19:36 2019-07-05

Carige buyers should not expect big sacrifices from banks' creditors-Banco BPM CEO Any potential bidder for troubled Italian bank Carige should not expect the lenders' creditors to shoulder big losses for their own benefit, the chief of one of Carige's creditor banks said on Thursda...
11:36 2019-06-20

J. Crew taps banks for IPO of apparel business Madewell - sources J. Crew Group Inc has hired investment banks to prepare for an initial public offering of its Madewell apparel business, as the U.S. clothing chain seeks ways to revive its fortunes, three people fami...
21:12 2019-07-11

RBI Holds Meeting Over Coin-Storage Crisis Of Banks In Shirdi The Reserve Bank of India has instructed nationalised banks to continue to accept coins deposited by the Saibaba temple at Shirdi in Maharashtra, the temple's managing body said Wednesday....
04:00 2019-06-20

Nordic banks join forces to combat money laundering The Nordic region's six major banks announced the creation of a customer checking center on Friday, with the initiative expected to help their efforts to crack down on money launderers and recover fro...
17:12 2019-07-05

Huawei CEO says banks knew about the company's allegedly criminal activities In an interview with CNBC, Huawei's CEO said the banks at the center of the controversy surrounding his company's activities knew what was happening...
22:12 2019-06-19

Virtual banks could be bad news for small lenders in Singapore, Moody's says Ratings agency Moody's said in a note that Singapore's decision to issue new digital bank licenses to non-banks will increase competition in the sector....
09:36 2019-07-03

REFILE-U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to sharehold...
03:36 2019-06-29

How banks are helping you budget and track your money to avoid overspending Mom can't always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.        ...
14:48 2019-05-21

Development banks' climate funding at all-time high in 2018 Climate projects won record financing from the world's big development banks last year, with funds committed up 60% since the 2015 Paris climate accord to curb global warming emissions, a report publi...
15:00 2019-06-13

CVC Awaits Sanction To Prosecute 123 Corrupt Govt Staff; 45 From Banks The Central Vigilance Commission (CVC) is awaiting sanction from different organisations to prosecute 123 government employees, including IAS officers and those working in central probe agencies like....
13:24 2019-06-10

EU gives Nigel Farage 24 hours to explain Arron Banks funds European parliament summons Brexit party leader over failure to declare expensesNigel Farage has been given 24 hours by the European parliament to explain in person his failure to declare lavish expen...
19:36 2019-06-04

Banks Shrug Off Recent Oil-Price Drop to Predict Gains Investment banks in May largely stuck to their forecasts that oil prices will rise in 2019’s final two quarters, predicting that supply risks will make up for sharp selloffs in recent weeks....
11:24 2019-06-05

Flooding in Arkansas, Oklahoma pushes river past its banks After days of storms in the midwest, the Arkansas River reached 45.86 feet, just under the 1943 record of 48.3 feet.        ...
20:12 2019-05-27

Banks to Use Bitcoin-Like Token to Settle Cross-Border Trades A group of financial firms led by UBS plans to start using a bitcoin-like token to settle cross-border trades, one of the biggest developments yet in the effort to make use of nascent blockchain techn...
12:36 2019-06-03

Therapy in the office: banks take mental health fight in-house In 'Billions', a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist....
08:24 2019-06-03

Fixed Deposit Interest Rates: Here's What Post Office And Banks Pay Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits online....
16:48 2019-06-15

EU to investigate Nigel Farage over expenses funded by Arron Banks Move follows revelations MEP failed to declare lavish funding from year of Brexit referendum The European parliament is to investigate Nigel Farage for failing to declare lavish expenses funded by Arr...
19:24 2019-05-21

Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday....
10:48 2019-06-06

Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. These days FDs can also be created online. The interest rates on FDs......
13:48 2019-05-25

Health Department: Sharp Decline In Hepatitis A Numbers LEXINGTON, Ky. (LEX 18)– The number of new cases of hepatitis A in Kentucky is dropping drastically, according to the Lexington-Fayette Health Department. Kentucky’s hepatitis A epidemic i...
22:00 2019-06-05

US Department of Energy is now referring to fossil fuels as “freedom gas” Enlarge (credit: Photo by Craig Hartley/Bloomberg via Getty Images) Call it a rebranding of "energy dominance." In a press release published on Tuesday, two Department of Energy officials used the t...
23:12 2019-05-29

Michigan department says it was ‘irresponsible’ to tie wedding ring to fish A divorcee who attached his “cursed” wedding ring a fish’s tail before releasing it into Lake Michigan is receiving backlash from the state’s Department of Natural Resources for actions that the depar...
08:48 2019-07-02

U.S. has no plans to cap H-1B work visa program: State Department The Trump administration has no plans to cap H-1B work visas for nations that force foreign companies to store data locally, the State Department said on Thursday....
00:24 2019-06-21

Pope names women to key Vatican department for first time Pope Francis appointed women on Friday to a key Vatican department for the first time since it was founded more than 50 years ago, a move welcomed by Catholic women's groups as a significant advance....
18:12 2019-05-24

Defense Department Works to Develop Software Faster The Pentagon is taking a page from tech companies, pushing its software developers to release code faster and with a sharper focus on users—in this case, members of the armed forces....
11:12 2019-06-06

For Cyclone Fani Alert, Weather Department Had Sent Nearly 65 Lakh SMS The India Meteorological Department (IMD) has sent nearly 65 lakh messages to the people in eastern and southern India to give them updates about Cyclone Fani that hit the Odisha coast earlier this......
01:24 2019-05-28

Health Department introduces ‘Quickie Labs’ for STI tests Fast-talking, quick-walking New Yorkers will soon also be able to get their STI test results at lightning speed. The Department of Health on Wednesday unveiled a high-tech “Quickie Lab” wh...
05:36 2019-06-13

Huawei Sues US Commerce Department Over Seized Equipment Huawei has filed a lawsuit against the US Commerce Department challenging whether telecommunications equipment it sent from China to the United States, and then back to China, is covered by Export......
09:12 2019-06-22

Income Tax Department Asked To Add 1.30 Crore New Filers This Fiscal The income tax department has been tasked to add 1.30 crore new return filers in the current financial year as part of the government's plan to widen the tax base in the country....
23:24 2019-07-06

84 Per Cent Of Met Department Subdivisions Record Deficient Rainfall With the progress of monsoon still remaining sluggish, 84 per cent of the meteorological subdivisions have recorded deficient rainfall, MeT department data shows....
02:48 2019-06-24

State Department: Top U.S. diplomat in Africa to visit Sudan The United States top diplomat in Africa will be going to Sudan this week to ease tensions between the ruling military and opposition forces, the State Department said....
11:36 2019-06-11

Deutsche Bank faces FBI investigation for possible money-laundering lapses: source The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday....
14:12 2019-06-20

Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the Sueddeutsche Zeitung rep...
03:12 2019-06-07

UPDATE 2-Deutsche Bank faces investigation for possible money-laundering lapses -NYT U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday....
10:48 2019-06-20

Exclusive: Deutsche Bahn reviewing consultancy contracts granted to ex-managers Deutsche Bahn is reviewing consultancy contracts granted to former managers without the knowledge of the state-owned railway operator's supervisory board, three people familiar with the matter told Re...
14:24 2019-06-06

Senators Ask Federal Reserve to Review Trump’s Deutsche Bank Transactions Seven Democratic senators, including presidential candidate Elizabeth Warren, want the Fed to examine the bank’s compliance with anti-money-laundering laws over flagged transactions....
19:12 2019-06-06

ANZ, Citi and Deutsche cartel case heads for 'bigger courtroom' in Australia A criminal cartel case against Australia and New Zealand Banking Group and the local units of Citigroup and Deutsche Bank was adjourned on Tuesday for further legal arguments ahead of a possible trial...
04:48 2019-07-09

Deutsche Bank board to meet July 7 to decide on job cuts: sources Deutsche Bank's supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said....
15:48 2019-06-29

Deutsche Bank investors meet amid questions on strategy, leadership Investors in Deutsche Bank are gathering on Thursday for an annual meeting that is expected to be dominated by questions over the bank's strategy and leadership just days after shares hit a record low...
08:12 2019-05-23

Skeptical Deutsche Bank investors to grill Sewing on revamp roadshow Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win their backing for a 7.4 billion euro ($8.4 b...
18:48 2019-07-10

Deutsche Bank Finds Error in Program That Scans for Money Laundering Deutsche Bank has found a glitch in computer systems that retroactively scan corporate clients’ transactions for suspicious activity, the latest sign of trouble in efforts to guard against potential m...
16:12 2019-05-22

Deutsche Bank Can Release Trump Records to Congress, Judge Rules The ruling from a federal court judge in Manhattan was the second this week against Mr. Trump’s efforts to prevent the release of his financial records....
01:48 2019-05-23

Deutsche Bank plans cuts in U.S. equities, prime unit: sources Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the m...
00:36 2019-05-24

Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit Dutch housing cooperation Vestia said on Friday Deutsche Bank would pay it 175 million euros ($197 million) to settle claims the German bank had improperly sold it interest rate derivatives....
15:12 2019-07-12

Deutsche Bank chief rebukes executives over suit-fitting on cuts day Managers called high-end tailors to London office as thousands of traders lost jobs Deutsche Bank’s chief executive, Christian Sewing, has personally rebuked managers who ordered tailors to their Lond...
17:00 2019-07-12

Trump loans and money laundering: Deutsche Bank's fall from grace Drastic job-cutting is the latest chapter in the 149-year-old bank’s dramatic historyDeutsche Bank starts cutting London jobsProfile of Deutsche Bank boss Christian SewingNils Pratley: Deutsche Bank i...
17:00 2019-07-09

Deutsche Bank capital-boosting debt dips on restructuring fears Deutsche Bank's capital-boosting Additional Tier I (AT1) debt issues fell on Monday on worries over future challenges Germany's biggest lender may face in a planned overhaul....
16:48 2019-07-08

Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source Deutsche Bank is in talks with SoftBank-backed British fintech firm OakNorth to use the latter's credit analysis and monitoring platform, a source with knowledge of the discussions told Reuters....
15:48 2019-07-09

Doubts over Deutsche Bank turnaround plan dent shaky shares Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Ge...
15:48 2019-07-09

Trump, House Democrats square off in U.S. court over Deutsche Bank documents Lawyers for U.S. President Donald Trump, three of his children and the Trump Organization will demand in court on Wednesday that a judge stop Deutsche Bank AG and Capital One Financial Corp from provi...
13:00 2019-05-22

NY judge denies Trump bid to block House Deutsche Bank subpoenas A Manhattan federal judge has denied a bid by President Donald Trump and his companies to block congressional subpoenas on two banks to obtain years worth of financial records. The ruling Wednesday by...
02:24 2019-05-23

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no....
19:12 2019-05-21

Deutsche Bank staff 'sent home' as 18,000 job cuts begin - business live Rolling coverage of the latest economic and financial news, as Germany’s Deutsche Bank begins a deep restructuring that will cost thousands of jobs worldwideIntroduction: Dark day for Deutsche staffBa...
10:24 2019-07-08

Deutsche Bank shares rise pre-market as 18,000 global job cuts begin Deutsche Bank shares rose in pre-market trade on Monday as the German lender eliminated whole teams at its Asian operations, starting to ax 18,000 jobs globally in one of the biggest overhauls at an ...
08:24 2019-07-08

Citigroup, Deutsche Bank leaving vast Financial District spaces Citigroup plans to leave 111 Wall St. entirely by the end of the year — an impending 900,000-square-foot vacancy that will leave FiDi with two huge empty office towers to fill. A bank representative t...
04:36 2019-06-18

Deutsche Bank denies report it prevented Trump transactions being flagged Deutsche Bank denied a report that said some of its executives rejected the advice of the bank's own anti-money laundering specialists and prevented some transactions involving entities controlled by ...
15:12 2019-05-21

Deutsche Bank Scales Back Ambitions, Announcing Job Cuts and Reorganization The bank that once symbolized German economic prowess is effectively abandoning hope of playing in the same league as Wall Street banks, and struggling to remain relevant....
21:48 2019-07-07

Deutsche Bank Funding Costs Subdued Despite Share-Price Slide The lender’s shares fell to a record low Monday, yet debt investors aren’t panicking and a key measure of the German bank’s funding costs has improved in the past week....
13:12 2019-06-04

Deutsche Bank's Investment Banking Chief to Leave Embattled Lender Deutsche Bank’s investment banking chief Garth Ritchie has agreed to leave the embattled German lender, according to a person familiar with the matter....
15:12 2019-07-05

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin Whole teams in Deutsche Bank's Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank sin...
06:36 2019-07-08

German prosecutors intensify Deutsche Bank client investigation: source German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the matter told Reuters....
23:00 2019-07-03

Deutsche Telekom debuts 5G in Germany as Vodafone UK offers unlimited plans Two major European carrier launches have given Germany its first commercial 5G service and U.K. customers their first unlimited 4G/5G data plans.Read More...
18:48 2019-07-03

Deutsche Bank starts cutting London jobs with 18,000 at risk worldwide Some staff in London reported to be in tears after hearing their jobs have goneWhat went wrong at Deutsche Bank?Profile of Deutsche Bank boss Christian Sewing Nils Pratley: Deutsche Bank is clutching ...
00:12 2019-07-09

German prosecutors intensify Deutsche Bank client investigation - source German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the matter told Reuters....
19:48 2019-07-03

Trump rips ‘failing’ New York Times over Deutsche Bank report President Trump lashed out at the “Fake News Media” generally and the “Failing” New York Times specifically for covering a story about “suspicious” financial busine...
14:33 2019-05-21

Kushner transactions part of DOJ money laundering probe at Deutsche Bank The Justice Department has opened up a criminal investigation into potential money- laundering violations by Deutsche Bank — including transactions linked to President Trump’s son-in-law, Jared Kushne...
07:36 2019-06-20

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
13:00 2019-06-10

Dapper ‘Burberry Bandit’ back robbing Manhattan banks: cops Manhattan’s “Burberry Bandit” is back. It’s only been five months since dapper robber Cornell Neilly was paroled from prison, but cops say he’s already back hitting banks...
06:48 2019-07-06

U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their ...
04:12 2019-06-22

US banks could face the same pressures as European counterparts, SocGen chairman warns A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been dealing with, Lorenzo Bini Smaghi said....
16:00 2019-07-06

Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity....
03:12 2019-07-06

FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities The regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such as Fannie...
01:12 2019-07-17

Central banks cannot perform miracles and lawmakers need to reduce uncertainty, ECB member says France's central bank governor told CNBC Saturday that monetary policy cannot compensate for trade tensions, and political leaders need to act in order to fend off today's economic threats....
03:36 2019-07-08

MOVES-Credit Suisse hires banks dealmaker Wiant from Lazard Credit Suisse Group AG has hired Jerry Wiant as a managing director and head of American Banks coverage team, according to an internal memo seen by Reuters....
18:01 2019-07-19

Elizabeth Warren reveals plan to rein in Wall Street, big banks Democratic president hopeful Elizabeth Warren targeted Wall Street corruption, income inequality and private equity "vampires" with her latest proposal....
18:48 2019-07-18

Senate passes sanctions on North Korea that target Chinese banks The United States Senate passed a bill on Thursday that would strengthen sanctions on North Korea, particularly targeting Chinese banks that work with Pyongyang to skirt existing restrictions....
05:24 2019-06-28

MIDEAST STOCKS-Banks bolster Saudi, financials drag Abu Dhabi Saudi Arabia's stock market rose sharply for the fourth session on Tuesday, boosted mainly by its banking shares on expectations of further capital inflows, while Abu Dhabi was weighed down by financi...
16:24 2019-06-11

Judith Kerr was both sweetness and steel – and I'll miss her | Nancy Banks-Smith She was as dedicated to her work as she was to her family, right to the end. And no one could draw a tiger’s smile quite like her, remembers Nancy Banks-Smith• Share your tributes and memories of Judi...
19:12 2019-05-23

UPDATE 5-Mexico unveils Pemex business plan, but banks underwhelmed Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world's most indebted oil company back from the abyss, but its vow of $7.2 billion in government support failed to...
07:01 2019-07-17

Major banks set new lending standards for shipping industry in order to cut CO2 emissions Eleven banks that lend to shipping lines on Monday said climate impact will be integrated into the criteria that determines how much they can borrow....
02:24 2019-06-18

UPDATE 2-Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.5 million) for colluding to rig the multi-trillion dollar foreign exchange market, Switzerland's competition authority said on Thursd...
11:36 2019-06-06

Barclays, Citigroup and JP Morgan among banks fined $1.2 billion for forex rigging Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland have been fined a total of $1.2 billion by EU regulators for rigging the forex market....
16:24 2019-05-21

Wall St. slips; banks fall with prospect of rate cut, energy drops Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices....
03:36 2019-06-13

Kering crown jewel Gucci banks on high-end gems for growth Gucci, the luxury brand that powers most of parent Kering's profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a...
19:48 2019-07-02

Central banks' key policy goals are under threat from climate change, warns UBS Central banks around the world must proactively fight climate change in their own investment portfolios in order to safeguard their key priorities, according to research....
16:48 2019-07-02

WRAPUP 2-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
19:48 2019-07-16

Halep banks on child-like enthusiasm to retain French Open crown Simona Halep will channel her inner child when she begins her French Open title defense against Ajla Tomljanovic on Tuesday having vowed to enjoy herself in the absence of the stifling pressure of pre...
06:12 2019-05-28

Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-bor...
14:36 2019-06-03

Budget 2019: Government Announces Steps To Revive Shadow Banks In her first Budget speech, Ms Sitharaman said, "For purchase of high-rated pooled assets of financially sound NBFCs, amounting to a total of 1 lakh crore during the current financial year, government...
14:48 2019-07-05

Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central.....
10:00 2019-06-30

Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly......
09:48 2019-06-18

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Ban...
12:24 2019-06-21

US State Department approves possible $2.2 billion arms sale to Taiwan China's Foreign Ministry said last month when the possible sale was first reported that it was seriously concerned about U.S. arms sales to self-ruled Taiwan....
00:36 2019-07-09

Arizona Department of Public Safety celebrates 50-year anniversary TUCSON – From stopping bad drivers to locating lost people, Arizona Department of Public Safety has been keeping Arizona safe for five decades. In celebration of their 50-year anniversary, the d...
06:12 2019-07-02

U.S. State Department approves possible $2.2 billion arms sale to Taiwan The U.S. State Department has approved the possible sale to Taiwan of M1A2T Abrams tanks, Stinger missiles and related equipment at an estimated value of $2.2 billion, the Pentagon said on Monday, des...
00:36 2019-07-09

Florida State Is Privatizing Its Athletic Department To Shield Itself From Scrutiny Florida State University’s Board of Trustees voted Friday to establish a new organization that’ll run the school’s athletic department: The Florida State University Athletics Association. According to...
21:12 2019-06-10

Check the State Department's Travel Advisories Before Planning a Trip Planning a solo trip this summer? Before you go it alone, do your homework and research all you can for your own safety. Recently, and just in time for the busy summer travel season, the U.S. State D...
20:24 2019-06-06

Monsoon To Be Below Normal Over North, South India: Weather Department The overall monsoon across the country is "most likely" to be normal this season but it will be below normal over north and south India, the India Meteorological Department said in its forecast......
21:36 2019-05-31

Department of Homeland Security members visit Southwest border BISBEE, Ariz. – A roundtable discussion was this week, bringing together law enforcement representatives from various national organization to get an overview of different challenges and issues faced ...
04:48 2019-06-05

US energy department rebrands fossil fuels as 'molecules of freedom' Press release from department said increasing export capacity is ‘critical to spreading freedom gas throughout the world’ America is the land of freedom, as any politician will be happy to tell you. W...
02:24 2019-05-30

The State Department Is Proposing a $2 Billion Sale of Arms to Taiwan (WASHINGTON) — The State Department is proposing the sale of $2.2 billion in arms to Taiwan, including 108 Abrams tanks and 250 Stinger surface-to-air missiles, sidestepping protests from China....
05:36 2019-07-09

Former State Department employee sentenced to more than three years in China spy case Federal Judge Randolph Moss sentenced former State Department employee Candace Claiborne to 40 months in prison and a $40,000 fine for one count of conspiracy to defraud the United States....
00:24 2019-07-10

United States Has No Plans To Cap H-1B Work Visas: State Department There is no country-specific limit on the 85,000 H-1B work visas the United States issues every year, and an estimated 70 per centof them go to Indians....
13:00 2019-06-21

Inside the department at Apple that greenlights iPhone apps for the App Store An executive board led by Apple marketing SVP Phil Schiller meets every week to discuss controversial apps or other iPhone software programs that may infringe Apple's App Store guidelines....
22:00 2019-06-21

Fire department tops German survey; football and cigarettes lag Thousands of Germans have ranked the fire department as the institution which contributes the most to the public good. The Catholic Church, banks, football organizations and Marlboro cigarettes did no...
20:24 2019-05-21

FCC blames Commerce Department for 5G weather scare, spectrum delays A dispute between the FCC and Department of Commerce is threatening to delay 5G deployments and create unfounded scares about the technology, Ajit Pai says.Read More...
20:48 2019-06-13

"Enormous Potential" Of Growth For India-US Ties: State Department There is an "enormous potential" for growth in the India-US relationship, the Trump administration has said, exuding confidence that the ongoing trade issues could be worked through because of the......
09:36 2019-07-17

Huawei Files Lawsuit Against US Commerce Department Over Seized Equipment Huawei filed a lawsuit against the US Commerce Department on Friday challenging over equipment it sent from China to the United States, and then back to China....
07:36 2019-06-24

Huawei, Still on Commerce Department Blacklist, Reportedly Planning U.S. Layoffs Chinese tech firm Huawei is planning on laying off hundreds of U.S. workers after landing on a Commerce Department blacklist that has savaged its ability to do business stateside, the Wall Street Jour...
22:24 2019-07-14

Huawei files lawsuit against U.S. Commerce Department over seized equipment Huawei is suing the U.S. Commerce Department to challenge whether telecommunications equipment sent from and to China is covered by regulations.Read More...
14:00 2019-06-22

Nation’s Treasury Department Is Said to Be a Bastion of White, Male Privilege The Trump administration is well known to be well stocked in rich, white males, but it turns out the Treasury Department, headed by Steve Mnucin, himself a rich, white male, may be the richest, whites...
06:36 2019-06-12

Every cop in this Alaskan police department has a domestic violence record: report Every cop in one Alaska city has a domestic violence record — including the chief, a shocking new investigation into lax hiring standards at police departments throughout the state has revealed....
02:48 2019-07-19

Saks Fifth Avenue to create huge men’s luxury-shoe department Men are shelling out increasingly big bucks for their shoes — and Saks Fifth Avenue is gearing up to chase them. The luxury retailer on Monday revealed plans to open an 8,000-square-foot shoe departme...
23:36 2019-07-15

Deutsche Bank Senior European Equities Banker Edward Sankey to Leave Senior Deutsche Bank banker Edward Sankey is leaving after almost 15 years, as planned cuts to the lender’s beleaguered equities business and the broader investment bank take a toll....
15:12 2019-06-18

Trump reacts angrily to New York Times report on Deutsche Bank transactions Paper detailed staff concerns over Trump and Kushner entitiesPresident claims he doesn’t need banks or money from RussiaDonald Trump sought on Monday to discredit a New York Times report that Deutsche...
15:48 2019-05-21

Deutsche Bank seeks to shed risky assets as part of overhaul: sources Deutsche Bank is aiming to cut up to a quarter of its riskiest assets in the next few years, people familiar with the matter said, shedding more light on how the German lender is trying to overhaul it...
18:12 2019-06-19

Deutsche Bank APAC equity capital markets head leaving -sources Deutsche Bank's Asia-Pacific head of equity capital markets, Jason Cox, is leaving as part of the company's move to eliminate 18,000 jobs globally, people with direct knowledge of the matter told Reut...
09:24 2019-07-08

REFILE-UPDATE 2-European shares dip on Deutsche Bank, fading hopes of sharp Fed cut Banks led European shares slightly lower on Monday as Deutsche Bank slid despite a major restructuring move, while fading hopes of a sharp interest-rate cut by the U.S. Federal Reserve weighed on broa...
21:24 2019-07-08

Deutsche Bank eyes huge restructuring drive that could cost billions of euros Deutsche Bank executives face a critical weekend as they meet to discuss a mass restructuring project, likely to be announced in the coming days, which could involve the axing of up to 20,000 jobs and...
15:24 2019-07-05

Deutsche lifted by Fed stress test pass in boost to Wall Street operation Deutsche Bank's shares rose as much as 4.8% on Friday after Germany's biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its Wall Street operations....
11:48 2019-06-28

Trump is a huge headache for Deutsche Bank. But the German financial giant has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as 18,000 jobs could be cut across the world....
08:24 2019-07-08

Deutsche Bank, a pillar of European finance, unveils radical restructuring. It will cut 18,000 jobs Deutsche Bank will cut 18,000 jobs and dramatically shrink its investment bank as part of a costly overhaul that marks a retreat from Wall Street after two decades of intense competition with American...
05:36 2019-07-08

Deutsche Bank supports European shares ahead of G20 meeting, U.S.-China talks Germany's top lender Deutsche Bank propped up European stocks on Friday, but investors were generally cautious ahead of a pivotal G20 meeting where progress on U.S-China trade talks will be closely mo...
11:24 2019-06-28

Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses Federal authorities are focused on whether the bank complied with anti-money-laundering laws, including in its review of transactions linked to Jared Kushner....
01:00 2019-06-20

Deutsche Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by U.S. President Donald Trump and his son-in-law, Jared Kus...
15:12 2019-05-21

Deutsche Bank CEO Scolds Managers Over Pricey Suit Fittings Amid Layoffs Deutsche Bank chief executive Christian Sewing was forced to personally rebuke managers who ordered tailors to their London office as thousands of traders were let go Monday, after details of the......
13:24 2019-07-12

EU reviews Deutsche Bank, SocGen in screening of past money-laundering cases The European Commission is reviewing past money-laundering cases at EU banks to assess what went wrong and decide possible tweaks to rules, an EU official said, citing Deutsche Bank and Societe Genera...
19:00 2019-06-06

UPDATE 4-Deutsche Bank faces FBI investigation for possible money-laundering lapses - source The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday....
13:12 2019-06-20

S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a m...
03:48 2019-07-16

UPDATE 1-S.African tribunal says it can't charge foreign banks in rand-rigging case South Africa's antitrust tribunal concluded on Wednesday that it has no powers to charge foreign banks being investigated in an exchange-rate rigging case unless they have a presence in the country....
19:36 2019-06-12

Asian banks face threat from profit plunge, digital rivals: McKinsey Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing competition from technology firms moving into banki...
20:24 2019-07-01

Saudi Arabia hires banks for dual-tranche debut euro bond Saudi Arabia has hired a group of banks including Goldman Sachs and Societe Generale to arrange a global investor call ahead of an issuance of euro-denominated bonds, its first in that currency, a doc...
13:00 2019-07-01

Trump appeals ruling allowing banks to hand his financial records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Friday appealed a court order allowing Deutsche Bank AG and Capital One Financial Corp to hand their financial records ...
20:12 2019-05-24

Mastercard lets transgender users choose names on their cards (if banks agree) Mastercard, one of the two dominant U.S. payment networks, is introducing debit and credit cards that will let transgender users select whatever name they want — as long as the bank that issues the ca...
02:12 2019-06-18

Bank of Japan's aggressive easing has created a tough environment for some banks: MUFG The BOJ's negative interest rate policy has given many financial firms a tough time, according to Mitsubishi UFJ Financial Group's Nobuyuki Hirano....
10:24 2019-06-07

MIDEAST STOCKS-Banks lead most Gulf markets higher, Kuwait keeps rallying Major Gulf markets closed higher on Tuesday, mostly riding on banks after Egypt's EFG Hermes forecast a higher second-quarter profit for the Middle East's financial sector, while Kuwait continued to r...
15:36 2019-07-09

RPT-Banks re-open as Hong Kong returns to normal ahead of weekend protest Police kept a close watch over central Hong Kong on Friday as the Asian financial hub returned to normalcy, with banks re-opening branches closed during violent protests against a proposed extradition...
09:00 2019-06-14

Fed Stress Tests Find Top Banks Are Strong, Setting Stage for Wave of Payouts The Federal Reserve said the largest banks were generally well prepared to withstand a severe crisis, although Credit Suisse must improve its operations....
01:36 2019-06-28

Banks re-open as Hong Kong returns to normal ahead of weekend protest Police kept a close watch over central Hong Kong as the Asian financial hub returned to normalcy on Friday, with banks re-opening branches closed during violent protests against a proposed extradition...
07:01 2019-06-14

Charges Levied By Banks For Real-Time Gross Settlement (RTGS) Payments Recently, the Reserve Bank of India (RBI) - which manages the RTGS payments system - has announced an extension in the timings applicable to RTGS transfers by one-and-a-half hours....
19:24 2019-05-29

UPDATE 1-U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their ...
04:12 2019-06-22

From Banks’ Cathartic ‘Godless’ to Ed Sheeran and Stormzy’s Collaboration, These Are the 5 Songs You Need to Listen to This Weekend This week, Lil Nas X came through with a new remix of his long-lasting hit “Old Town Road,” now featuring Mason Ramsey (the Walmart yodel boy ) and rapper Young Thug. But if you want somet...
21:48 2019-07-12

What's open and closed on July 4th: Mail, banks, and stores impacted by Independence Day As America celebrates the Fourth of July, the post office, DMV and most banks will be closed. Many stores and restaurants are open. Costco is closed.        ...
16:24 2019-07-04

Grab eyes Singapore banking license as regulator studies virtual banks Grab, Southeast Asia's most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with kno...
06:24 2019-06-12