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Banking

A collection of news and information related to Banking published by this site and its partners.

Top Banking Articles

Displaying items 34-44
  • iO opens with a mondo 'Armando'

    iO opens with a mondo 'Armando'
    When former Chicago writers and improvisers of the caliber of David Koechner, Joel Murray, Laura Krafft, Amber Ruffin, Scott Adsit and Stephnie Weir are to be found together on a stage, replete with a dozen or more of their celebrity friends, it generally...
  • Hectic pace of Spanish bank deals to slow after Barclays sale

    MADRID (Reuters) - Barclays' sale of its Spanish banking business to Caixabank looks set to mark the end of a hectic first round of consolidation in the country's finance industry as it emerges from the financial crisis. Barcelona-based Caixabank -...
  • Central bank rule handicaps India's infrastructure hopes

    MUMBAI/SINGAPORE (Reuters) - A central bank ban on Indian banks buying new issues of infrastructure bonds has handicapped Prime Minister Narendra Modi's chances of gathering billions of dollars needed for mega-projects through the bond market. Elected in...
  • Citi to pay allowance to compensate for limited bonuses

    (Reuters) - Citigroup Inc 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...
  • América Móvil contrata a Bank of America para vender activos: Bloomberg

    (Reuters) - América Móvil SAB, el proveedor de servicios inalámbricos controlado por el magnate mexicano Carlos Slim, contrató a Bank of America Corp para vender ciertos activos de telefonía como parte de un plan de división para satisfacer a los...
  • Investing: Juice up your cash returns

    Cash has its virtues. It lets you sleep better. And everyone eventually needs some liquid currency, whether it's to pay for a minor aggravation (say, to fix a fender bender) or a major one (the car was totaled). By design, I keep 10 percent of my IRA in...
  • Eric Cantor to join investment bank Moelis as vice chairman

    (Reuters) - Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co MC.N as vice chairman and managing director, the company said, adding that Cantor will also be elected to its board. Cantor, who was defeated in June by a Tea...
  • Basel III deposit challenge looms over Islamic banks

    (Reuters) - As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove expensive for them: how regulators will treat their deposits. In most ways, Islamic banks look well-...
  • Former House Majority Leader Eric Cantor takes job on Wall Street

    Former House Majority Leader Eric Cantor takes job on Wall Street
    Former House Majority Leader Eric Cantor is moving to Wall Street, taking a job with investment bank Moelis & Co., the firm said. Cantor, 51, who resigned last month after an upset loss in a Republican primary in June, will be vice chairman and managing...
  • Rekindling Europe's repackaged debt market will take years

    LONDON (Reuters) - Reviving Europe's repackaged debt market to fund economic recovery will take years and hinge on a re-invention of the sector rather than quick regulatory tweaks, bankers and regulators say. The securitised debt, also known as asset-...
  • McDonnell trial: Jury ends first day of deliberations without a verdict

    McDonnell trial: Jury ends first day of deliberations without a verdict
    RICHMOND – Jury deliberations began Tuesday in the federal case against Bob and Maureen McDonnell, and the day wrapped up without a decision. Jurors will assembly again Wednesday morning to continue their secret discussions. They're weighing...