Financials

Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters.

Accenture announced that effective immediately, Chairman and CEO Pierre Nanterme has stepped down for health reasons.

In a widely expected move, the Federal Reserve announced its decision to raise interest rates by a quarter point on Wednesday. The central bank said its Federal Open Market Committee decided to raise the target range for the federal funds rate by 25 basis points to 2.

Nasdaq AB, an indirect wholly-owned subsidiary of Nasdaq, Inc. (NDAQ), published the offer document for its public offer to acquire all of the issued shares of Oslo Børs VPS Holding ASA for NOK 152 per share.

Consumer sentiment in the U.S. deteriorated by slightly more than initially estimated in the month of October, the University of Michigan revealed in a report released on Friday.

Source: www.streetinsider.com Berkshire Hills Bancorp Inc. has announced the acquisition of SI Financial Group Inc. (SIFI) and its subsidiary Savings Institute Bank and Trust Company,...

Silvergate Capital, the parent of Silvergate Bank with a focus on digital currency industry, filed for an initial public offering, aiming to raise up to $50 million.

Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO.

Societe Generale SA (SCGLF.PK, SCGLY.PK) is considering to cut jobs at its investment bank and find a partner for its cash-equity business in a bid to offset increasing cost pressure from regulation, Bloomberg reported citing people familiar with the matter.

JPMorgan Chase & Co. (JPM) is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, Bloomberg reported citing people familiar with the matter.