Deutsche Bank AG set to face administrative probe for actions on Kirch companies
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
Investment banks
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.
Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business
Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business...
Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer...
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy...
JPMorgan Chase Names CEO Jamie Dimon's Potential Successors
The board of JPMorgan Chase has named the potential successors to CEO ...
Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion
Swiss banking giant UBS revealed a new share buyback program of up to ...
Latest News
Centerview Capital backs distiller Ole Smoky Tennessee Moonshine
Centerview Capital invests in distiller of premium moonshine Ole Smoky Tennessee Moonshine.
UAE banking rules criticized, government revision soon to come out
With vigorous criticism of the rules on banking exposure related to government related debt, the UAE central bank was forced to review the rules and study on how to lessen its harsh effects.
Morgan Stanley experiences trading losses in third quarter
Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Monday
JPMorgan hiring practices under review
JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.
Blackstone Group agrees on stake purchase of China-based shopping mall developer
Blackstone Group would be buying a 40% stake in Chinese shopping mall operator SCP Co.
Investors flood US equity mutual funds with $54.2 billion: Trim Tabs
Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday
Report lists three ways to acquire Twitter shares pre-IPO
An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
