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The German banking giant is also looking to create a "bad bank" to wind down as much as $56 billion in unwanted assets, according to a person familiar with the matter.
June 17 -
The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks.
June 5 -
A burgeoning trade war, the U.K.’s planned exit from the European Union and escalating tension between the U.S. and Iran have weighed on market sentiment in recent weeks, Citigroup CEO Michael Corbat said Wednesday.
May 29 -
April Frazer describes herself, forthrightly, as a very driven person. Which may explain how she became global head of banks at Wells Fargo before her 37th birthday.
April 30 -
The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians.
April 18 -
The bank's profits rose 2% despite a decline in revenue.
April 15 -
Wells Fargo & Co. investors who stuck with the bank through a bumpy few months are being rewarded with the best first quarter in five years.
April 12 -
The Fed may have stopped raising borrowing costs for now, but the biggest U.S. bank is still reaping benefits from higher interest rates.
April 12 -
The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.
March 26 -
The deal will give Janney greater access to the community banking sector.
March 19