Citi announces new Chairman of the Board
Citi’s Board of Directors has announced that Chairman Michael O’Neill will retire on January 1, 2019 and the Board has selected John C. Dugan to succeed O’Neill as Chairman on that date.
JPMorgan Chase Opens First Retail Branch in Greater Boston | Business...
JPMorgan Chase today announced the opening of its first retail branch in Greater Boston along with new lending commitments and investments in local wo
Robinhood Crypto coming to New York after firm nabs coveted BitLicense
Robinhood, the California-based broker, now has the green light from regulators in New York to open up shop in the state, the firm said Thursday. The company announced that the New York Department of Financial Services granted Robinhood the so-called BitLicense, which is only held by a handful of crypto companies including Genesis Trading and...
Fed Leaves Rates Unchanged, Drops Reference To Gradual Rate Hikes
After raising interest rates by a quarter point last month, the Federal Reserve announced its widely expected decision to leave interest rates unchanged on Wednesday.
Societe Generale Reportedly Considers Thousands Of Job Cuts At Investment Bank
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.
US credit demand declines, rejection rates rise: NY Fed survey
Americans' demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approve
Source: www.channelnewsasia.com
U.S. demand for...
Tribune Terminates $3.9 Billion Merger With Rival Sinclair
Tribune Media terminated its merger agreement with rival TV station-owner Sinclair Broadcast Group and sued the company, alleging it failed to make sufficient efforts to get their $3.9 billion deal approved by regulators. Changed.
Goldman Sachs-Backed Crypto Firm Circle Seeks $250 Mln In Funding: Report
Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.
Bank of America Accelerates Financial Center Expansion and Modernization Efforts |...
Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM n
Donald H. Layton to Retire as CEO of ; David M....
Succession will take place July 1, upon Layton’s retirement MCLEAN, Va. , March 21, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC), announced today that Donald H. Layton will retire as Chief Executive Officer (CEO) and that the Board of Directors has appointed David M.
