JP Morgan Chase Announces New Job Cuts
New job cuts in the offing for JP Morgan Chase.
Merchant banks
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering...
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion...
Sebi upgrading surveillance for CommExes
India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..
Latest News
Barclays Seeking Shareholder Approval
Barclays to issue convertible bonds for more capital.
Absa Group Supports Barclays Plan for Africa
Barclays increases stake in Absa.
Capitalization Boost Expected with CDS books sale
Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments.
Ross Smith Asset Management Acquires Control Over Common Shares of C.A. Bancorp
Ross Smith Asset Management Inc. acquires control over common shares of C.A. Bancorp Inc.
Wells Fargo Increases Equity within Volcker Rule
Wells Fargo continues private equity investment activity despite Volcker Rule.
