Number of outstanding consumer cases is 10 times longer than in 2016
Swiss bank is strong in a much pilloried European banks sector
New York-based hedge fund emerges as one of the early winners of 2019
The finalised version of the Basel Committee’s market risk capital framework reveals some important wins for the banks, but they certainly did not get it all their own way. By Justin Pugsley.
The activist investors have stakes in the e-commerce company; Shares of eBay were up over 8% in early trading
Brian Knight at George Mason University says fintechs will be held accountable for legal violations in sandboxes — and banks can use sandboxes, too.
“I don’t and I never would discount the European banks,” Citigroup Chief Executive Officer Michael Corbat said in an interview at the World Economic Forum in Davos. “Don’t overestimate the U.S. banks’ position, and don’t underestimate the European banks’ position.”
Bank of America Chief Executive Officer Brian Moynihan predicted another round of consolidation in the U.S. that could lead to the emergence of a new competitor.
US investment bank makes another move into the British retail finance market