Sarrau to step down as chair of supervisory board amid activist pressure
Author: gtbdirectory
Aberdeen property fund hit by surge of withdrawals
Daily outflows increased sharply after rival M&G product was suspended
Congress may need to step in on Libor switch, Mnuchin warns
The Treasury secretary suggested a role for lawmakers in containing any fallout with financial contracts stemming from the transition to a new interest rate benchmark.
Congress may need to step in on Libor switch, Mnuchin warns
The Treasury secretary suggested a role for lawmakers in containing any fallout with financial contracts stemming from the transition to a new interest rate benchmark.
JPMorgan Chase signs data sharing agreement with Envestnet Yodlee
The largest U.S. bank will share data through application programming interfaces with a sometimes-controversial data aggregator.
TD, CIBC earnings misses cap hard quarter for Canadian banks
The country’s top six banks were sideswiped by rising provisions for soured loans and slumping capital markets.
Peer-to-peer platform Landbay shuts doors to retail investors
Move follows stronger regulation of P2P groups that once enticed individual lenders
Don’t misread restructurings and layoffs as a sign of weakness
In some cases bankers’ willingness to close branches and cut staff is a testament to their company’s strength.
EU regulator says Mifid II has failed on data costs
Esma advocates Europe introduce US-style tape of trading information
OCC takes a shot at Wells; Warren targets bank mergers
The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.