Deutsche Bank to cut 18,000 jobs, exit equities sales by 2022
The German bank said it will implement a cost reduction program to reduce costs to 17 billion euros in 2022.
'Wolf of Wall Street' producer charged with laundering $248M in Malaysian scandal
"The Wolf of Wall Street" producer Riza Aziz was charged on Friday with laundering $248 million from state investment fund 1Malaysia Development Bhd., or 1MDB.
Delta Air Lines flies record number of passengers in June, boosts profit guidance
The Atlanta-based carrier flew nearly 698,000 people on June 21st, a single-day record.
China just extended an olive branch to the US as trade talks restart
More foreign firms will be able to invest in China in 2020, a quicker timeline then previously anticipated.
‘Best banks’ of 2019 revealed: Kiplinger
The 'Best Bank' list is out, did yours make the cut?
Possible Fannie, Freddie IPO whets Wall Street's appetite
Government housing officials have publicly stated that reforming Fannie and Freddie is a priority and they are weighing an eventual public offering that could mean an equity sale of as much as $100 billion.
JPMorgan, Bank of America, Wells Fargo plan healthy dividend hikes
Bank investors are looking at a new round of dividend windfalls thanks to the Fed.
After Goldman Sachs, Ally Financial cut interest rates, savers hit brick wall
It was the first time since October 2013 that Ally lowered rates.
Dallas Fed president: Too early to tell whether rate cut will be warranted
The Dallas Fed leader suggested that any move toward lower interest rates would require the central bank to lean more heavily on stronger regulation to guard against potential excesses from building in the economy, particularly with respect to fueling more leverage in the corporate sector.
Deutsche Bank under investigation for compliance with money laundering laws: Report
Some activity being examined is reportedly linked to Jared Kushner’s family business.
When it comes to money, America makes it rain: Varney
Money is pouring in form all over the world.
Facebook's cryptocurrency Libra unveiled
Mark Zuckerberg’s company introduced its new cryptocurrency and related product.
Deutsche Bank to set up 50 billion euro bad bank in revamp
The bad bank would house or sell assets valued at up to 50 billion euros ($56 billion)- after adjusting for risk - and comprising mainly long-dated derivatives.
DOJ, major banks meet to address elder financial abuse
It’s unclear which banks were involved in the meeting.
Facebook cryptocurrency embraced by Visa, Mastercard, PayPal, Uber
The collection of financial firms and e-commerce companies will invest around $10 million each in a consortium that will govern the digital coin, according to people familiar with the matter.
Venezuela to issue 50,000 bolivar bill, equivalent to about $8
Maduro will have released new banknotes for the second time in less than a year.
Atlanta Braves stadium to get new name after BB&T-SunTrust merger
The two banks are expected to complete their merger this fall and gradually shift toward a combined operation with a new name, Truist Bank.
Goldman Sachs director praises firm during transition to be a woman
The white-shoe investment bank is living up to its promise by supporting transgender rights for one of its own.
JPMorgan Chase CEO Jamie Dimon: Socialism a 'big mistake'
The executive says the U.S. remains the most prosperous in the world, but policies need to be fixed to improve growth.
Harvard offers $12K class for wealthy millennials to learn to invest for good
The program targets young people who are coming into family wealth.