Tag: Banking
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JPMorgan, PNC toss final offers for FPB at an auction
Among the banks that filed final offers for First Republic Bank (FRC.N) yesterday in an official auction by US regulators were as follows: PNC Financial Services Group...
To reduce asset management expenditures that dragged on profits: Goldman Sachs
According to a senior executive, the $59 billion in alternative investments that have been a burden on the bank's revenues would be greatly reduced...
As inflation hits, CB staff’s trust in leadership is eroding, based on a survey
According to a study by the trade union IPSO, personnel at the European Central Bank are losing faith in the institution's leadership as a...
Hopeful yen relies on BOJ policy turn; dollar slumps in a pit
As traders increased their wagers that the Bank of Japan could make additional adjustments to its yield management policy at its session this week,...
Job losses at Goldman hurt investment bank and overseas trade severely
According to a source familiar with the situation, Goldman Sachs (GS.N) started terminating employees on Wednesday as part of a broad cost-cutting initiative. The...