ABN Amro sheds 250 jobs as it shrinks corporate bank
AMSTERDAM: Dutch bank ABN Amro said on Wednesday it would shed 250 jobs as it shrinks its international corporate bank activities to increase profitability....
Tesla starts hiring for new $2 billion Shanghai plant
BEIJING: Tesla Inc has started hiring for a new factory in Shanghai, according to job postings on its website, just a month after the...
SBP moves to regulate banks’ overseas operations
KARACHI: After two of the country’s largest private banks had their skirmishes with regulatory authorities in the United States, the State Bank of Pakistan...
Fitch affirms 4 Georgian banks, outlook stable
London: Fitch Ratings has revised the Outlooks on Bank of Georgia’s (BoG) and TBC Bank’s (TBC) Long-Term Issuer Default Ratings (IDRs) to Positive from...
UBS franchise strength drives sound 1Q18
London: UBS Group AG’s (UBS) sound 1Q18 results reflect the value of a globally diversified leading wealth manager with investment banking capabilities, says Fitch...
Twitter tests new ads strategy for trending topic
San Francisco: Micro blogging site Twitter is reportedly starting to test a new advertising strategy to boost revenue from its trending topics.
The “Promoted Trend...
BNY Mellon launches FX Options
NEW YORK: BNY Mellon is now live with foreign exchange options, enabling clients to better hedge currency exposure and express their views on the...
Santander Holdings USA declares quarterly dividend
BOSTON: Santander Holdings USA, Inc., parent company of Santander Bank, N.A., announced that its Board of Directors declared a dividend on SHUSA’s Series C...
Glacier Bancorp, Inc appoints board member
KALISPELL: Glacier Bancorp, Inc.’s Board of Directors, at a recent meeting announced the appointment of David C. Boyles as a Director of the Company,...
Morgan Stanley reports record revenues
Chicago: Morgan Stanley (MS) reported $2.7 billion in net income in 1Q18 for an ROE of 14.8%, well above the company’s targeted range of...
- Advertisement -