Investment banks

UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.

New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase...

The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading...

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...

After the UK removed local pay restrictions for bankers last year, Gol...

JPMorgan Chase is expected to reach a resolution with a third US regul...

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The New York Post reported that Twitter had been talking to major banks to help set up a credit facility line in the range of USD500 million to USD1 billion prior to its initial public offering that m

On Wednesday, the Swedish government said that it has sold the last of its holdings in regional bank Nordea AB for SEK21.6 billion or USD3.4 billion.

The National Credit Union Administration (NCUA) had filed complaints against Morgan Stanley and eight other financial institutions for selling faulty mortgage-backed securities.

Zafrul Aziz, Maybank's investment banking chief, submitted his resignation and would be joining CIMB Group Holdings Bhd, according to a Bloomberg report.

Bank of America would go on trial this week over fraud charges related to home mortgages which was alleged to defraud Fannie Mae and Freddie Mac.

The Nedbank Group appointed Andrew Bates as head of its Middle East private banking unit.

JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.

JP Morgan Chase & Co. was mandated to pay USD389 million in penalties and restitution after the bank was alleged in unfairly charging its customers for credit monitoring programs.

Hong Kong's Wing Hang Bank Ltd. and Chong Hing Bank Ltd. might go on sale after valuations approached levels that were last seen during the 2008 global financial crisis.

RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.