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Britain aligns with EU on delaying Basel bank capital rules

The Bank of England said that it planned to delay implementing a final set of post-financial crisis capital requirements for banks until January 2025....

Yachtmaker Ferretti braves choppy waters with IPO valuing it at upto $1.2 BLN

Italian luxury yacht maker Ferretti Group launched a Hong Kong initial public offering. This values the company at up to $1.2 billion. Ferretti, whose...

Goldman Sachs raised COO pay by 78%

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron's total compensation for 2021 was $33 million. This is up nearly 78% from a...

HSBC buys virtual plot of land in digital push

HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum. This is the bank's...

In break with Toshiba board

A Toshiba Corp independent director broke ranks with the company board's public stance. He said that he would back a shareholder proposal at the upcoming...

Breaking

Citigroup Names Morgan Stanley Veteran Jean-Baptiste Charlet to Lead French Operations

Citigroup has appointed Jean-Baptiste Charlet, a longtime Morgan Stanley...

Financial Forecast Adjustments and AI-Driven Strategic Investments at Spotify

Spotify lowered its quarterly profit forecast on Tuesday, attributed...

Regulatory Modifications and Heightened Oversight Mandates Proposed for Federal Fair Lending Compliance Frameworks

An updated regulatory proposal concerning fair lending compliance rules...

Extended Strategic Partnership and Long-Term Semiconductor Supply Agreement Between Qualcomm and BMW

A multi-year strategic supply agreement spanning the next decade...
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