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Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as a coronavirus pandemic drives up fund-raising costs, Kyodo News said on Friday......»»

Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday......»»

Citigroup Inc. is shuffling the bankers overseeing two of its largest investment banking units as the firm seeks to boost revenue from advising and providing financing to corporations. The lender... To view the full story, click the title link......»»

Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to bolster its Paris franchise and win more business from large French clients, a memo seen by Reuters said......»»

Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to build out its French franchise and win more business from large French clients, a memo seen by Reuters said......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

On top of attractive monthly dividends, the Angel Oak Financials Income Fund seeks gains amid banking-industry consolidation......»»

Boeing's 737 MAX took centre stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding, people familiar with the matter said......»»

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday......»»

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday......»»

San Francisco-based Wells Fargo shuffled executives in its consumer banking and wealth management units as the bank seeks to recover from a series of scandals. Wells Fargo's interim CEO Allen Parker acknowledged in a statement that the moves are des.....»»

The newest entrant into the state's innovation program seeks to help cannabis and marijuana businesses that cannot access mainstream banking and financial services because of federal regulations......»»

Barclays has named Gabriel Gruber as the new head of its chemicals banking team for Europe and the Middle East as it seeks to win more business after advising the likes of Evonik on their recent disposals, a source familiar with the matter said......»»

HSBC is set to cut several hundred jobs in its investment banking business by the end of the year, according to a source familiar with the matter, as it seeks to improve returns......»»

But a merger could just result in a larger struggling bank. After years of speculation, Germany’s two biggest lenders, Deutsche Bank and Commerzbank, have formally decided to begin discussing a potential merger. The tie-up between the .....»»

Green Check Verified is a compliance platform that seeks to help cannabis businesses keep track of and share their compliance history in an attempt to strengthen and stabilize relationships with banking partners — read more.....»»

Two California assemblymemebers have introduced a bill to allow local governments to form their own public banks.  Assembly Bill 857 by Miguel Santiago, D-Los Angeles, and David Chiu, D-San Francisco, seeks to create a public banking option to kee.....»»

Like much of the tech sector, Intel Corp. is banking its future on strong growth in cloud computing, as the chip maker seeks to make up for lagging sales in its core legacy business amid stronger competition......»»

To boost pharmaceutical export, the government is eyeing bulk purchase orders from government procuring bodies and institutions from across the developing world.Pharma export grew in 2017-18 by 2.9 per cent, up from a marginal .....»»

Protest against Vedanta group's copper plant spreads to other districts, reaches Chennai.....»»