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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 45-55
  • 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...
  • READER SUBMITTED: Union Savings Bank Hosts 4th Annual Blood Drive

    Union Savings Bank is proud to partner with the American Red Cross on Union Savings Bank's 4th Annual Blood Drive. Last month, Union Savings Bank employees, their partners at Ventura, Ribeiro & Smith and members of the Danbury community donated enough...
  • Exclusive: Deutsche Asset & Wealth Management opens Dallas office in regional shift

    NEW YORK (Reuters) - Deutsche Bank AG's Asset & Wealth Management division said on Tuesday it has opened a private bank in Dallas with two former JP Morgan Private Bank executives at the helm. The move is part of a global push to increase the German bank'...
  • Eric Cantor latest politician to move to Wall Street

    Former House Majority Leader Eric Cantor became the latest politician to move to Wall Street, taking a high-paying job at investment bank Moelis & Co. and boosting the profile of the boutique firm founded in Century City. Cantor, 51, who resigned last...