Tag: Banking
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Citi shares climb as Berkshire reveals new $3 BLN stake
Citigroup Inc's shares rose nearly 8% after a new $3 billion bet by billionaire investor Warren Buffett's Berkshire Hathaway Inc boosted confidence in the battered Wall...
Deutsche Bank not financial controversial African oil pipeline
Deutsche Bank is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person...
Wells Fargo wins dismissal of shareholder lawsuit over commercial lending
A federal judge dismissed class-action claims that Wells Fargo & Co, the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial loans. U.S....
Credit Suisse poised to revamp senior management
Loss-making Credit Suisse could shake up senior management as new Chairman Axel Lehmann seeks to put the embattled Swiss bank back on stable ground, Swiss...
Russian bank VTB no longer has control of European Subsidiary
Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions. This was stated by the German...