IBM signs $1.25 billion WPP cloud deal and says more coming

IBM is enjoying a wave of major technology outsourcing deals from European customers in the fourth quarter and the new contract signings are not over yet, an executive for the computer services giant said in an interview.

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IBM signs 10-year multi-billion cloud deal with ABN Amro

IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro [ABRGPA.UL] running on its cloud systems, the U.S. information technology firm said on Monday.

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BNP asks other banks for help as dollar clearing ban nears

BNP Paribas has asked at least three banks to help it clear certain energy transactions in U.S. dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating U.S. sanctions, sources said.

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Citi to pay allowance to compensate for limited bonuses

Citigroup Inc (C.N) has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that limit bonuses to up to twice the level of base salaries, the Financial Times reported, citing several people.

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DBS and ABN AMRO place final bids for Societe Generale's Asian private bank -sources

Singapore's DBS Group Holdings, Credit Suisse, and ABN AMRO are among the shortlisted suitors that have placed their final round bids for Societe Generale's Asian private bank.

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