BIG investors in Deutsche Bank vented their frustration at Germany’s top lender on Thursday (May 16), describing problems at its Postbank business as a trust-damaging embarrassment.
CYPRUS passport holder Wang Dehai is expected to plead guilty on Jun 13, court records on Thursday (May 16) show.
SU JIANFENG, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, was handed six new forgery and fraud charges on Thursday (May 16).
VISA is rolling out new technology that will allow the payments giant to share more information about customers’ preferences based on their shopping history with retailers as it seeks to remain a top player in the competitive e-commerce space.
CIRCLE Internet Financial, issuer of crypto’s second-largest stablecoin, plans to shift its legal base to the US from the Republic of Ireland.
COINBASE Global, the largest US crypto exchange, is zeroing in on potential demand in Australia’s growing self-managed pensions sector.
CITADEL Securities generated US$2.3 billion of net trading revenue in the first three months of 2024, setting the market-making firm up for a potentially record year as it expands in new assets classes and geographies.
WARREN Buffett’s Berkshire Hathaway unveiled a US$6.7 billion stake in insurer Chubb, ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory filings.
THE chances of Deutsche Bank carrying out a second share buyback this year have become slimmer, the German lender told investors just before its annual general meeting.
MINNEAPOLIS Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should stay where they are as US central bankers take stock of inflation.
