Banking
481 results total, viewing 341 - 350
Paul Volcker hasn’t endeared himself to Wall Street bond dealers. That’s just fine with Fidelity Investments. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, plans to cut hundreds of U.S. jobs while shrinking its mortgage-trading business ahead of stiffer capital rules. more
Santander UK PLC and Barclays PLC said they don’t plan to implement the kind of curbs on riskier home loans imposed by Britain’s two largest nationalized lenders. more
The Federal Reserve extended deadlines until next year for new capital plans from Citigroup Inc. and the U.S. units of HSBC Holdings PLC, Royal Bank of Scotland Group PLC and Banco Santander SA after objecting to earlier versions. more
Europe’s banks face a further $50 billion of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley. more
Banco Santander SA, Spain’s biggest bank, agreed to buy GE Money Bank AB, the consumer finance business of GE Capital in Sweden, Denmark and Norway, for about 700 million euros ($953 million). more
Royal Bank of Scotland Group PLC CEO Ross McEwan said the foreign-exchange market scandal could be more expensive to the banking industry than Libor or improperly sold loan insurance. more
Banco Santander SA, Spain’s biggest bank, said second-quarter profit rose 38 percent, beating analyst estimates, helped by the U.K. and a recovery in its home market. more
Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans to buy 13 more. more
Royal Bank of Scotland Group PLC agreed to sell its minority stake in a private-equity unit to an investor group led by buyout firm Adams Street Partners LLC, according to two people with knowledge of the matter. more
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