[ad_1] March 24 (Reuters) – Bank of America Corp (BAC.N) is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the matter…
Tag: COFS
Exclusive: N. American fixed income group will not take legal action over Credit Suisse AT1 wipeout -source
[ad_1] TORONTO, March 23 (Reuters) – The Credit Roundtable, a lobby group of some of the biggest fixed income asset managers from the United States and Canada, has decided not…
Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out
[ad_1] LONDON, March 23 (Reuters) – Credit Suisse (CSGN.S) bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt…
Succession 101: Money lessons from TV’s dysfunctional empire
[ad_1] NEW YORK, March 20 (Reuters) – There are a lot of guilty pleasures out there, but here is one common to plenty of movers and shakers on Wall Street:…
Analysis: Bank panic raises specter of 2008, may bring lasting change
[ad_1] WASHINGTON, March 18 (Reuters) – The lightning speed at which the banking industry descended into turmoil has shaken global markets and governments, reviving eerie memories of the financial crisis.…
Indian startups have deposits of about $1 billion in SVB, minister says
[ad_1] MUMBAI, March 17 (Reuters) – Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank (SIVB.O) and the country’s deputy IT minister said he had suggested…
Germany imposes moratorium on German SVB branch
[ad_1] FRANKFURT, March 13 (Reuters) – Germany’s financial regulator BaFin on Monday said it was imposing a moratorium on the German branch of Silicon Valley Bank in the wake of…
SVB turmoil a sign of pain coming from end of easy-cash era
[ad_1] LONDON, March 10 (Reuters) – The easy-cash era is over and its impact is only just being felt by world markets yet to see the end of the sharpest…