Standard Chartered exits global equities business, to axe 4,000 retail bank jobs

Standard Chartered exits global equities business, to axe 4,000 retail bank jobs

By Anna Domanska - Jan 08, 2015

According to reports, Standard Chartered is closing its global cash equities business and is also axing around 4,000 job...

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Economics Lessons from the Latest Nobel Laureate Jean Tirole

Economics Lessons from the Latest Nobel Laureate Jean Tirole

By Carrie Ann - Oct 14, 2014

On Monday, Jean Tirole, a 61-year old professor at France’s Toulouse University, pulled out a Noble prize winning trum...

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Swiss firm Geberit offers to buy Finnish Sanitec for $1.35 Billion

Swiss firm Geberit offers to buy Finnish Sanitec for $1.35 Billion

By Carrie Ann - Oct 14, 2014

Geberit of Switzerland, maker sanitary equipments, said it would buy Sanitec Corporation, Finnish maker of toilets and ...

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World’s Third Largest Retailer under Investigation by Financial Watchdog

World’s Third Largest Retailer under Investigation by Financial Watchdog

By Carrie Ann - Oct 01, 2014

Britain’s top financial watchdog, the Financial Conduct Authority on Wednesday launched a full investigation into ...

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British Barclays to sell Spanish Unit to Caixabank at a loss of £500 Million

British Barclays to sell Spanish Unit to Caixabank at a loss of £500 Million

By Carrie Ann - Sep 01, 2014

Caixabank SA, Spain’s third-largest bank by market capitalization has agreed to buy Barclays PLC’s retail banking di...

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Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

By Carrie Ann - Aug 23, 2014

Goldman Sachs said on Friday that it has agreed to pay $3.15 billion, its largest bill yet to resolve a government laws...

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Standard Chartered Faces $300M Penalty over Laundering Controls

Standard Chartered Faces $300M Penalty over Laundering Controls

By Carrie Ann - Aug 20, 2014

Standard Chartered Bank China in Guangzhou Tianhe British multinational banking and financial services company Standard ...

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BofA Inks Record: Offers biggest settlement in American history

BofA Inks Record: Offers biggest settlement in American history

By Carrie Ann - Aug 07, 2014

Bank of America Corp. and the U.S. Justice Department have finally put an end to probes stemming from sales of mortgage-...

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Facebook's Stock Hits New High, Propelled by Mobile Ads

Facebook's Stock Hits New High, Propelled by Mobile Ads

By Carrie Ann - Jul 25, 2014

Social media giant Facebook once again demonstrated its mastery of the mobile computing wave by reporting bumper earning...

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