Exclusive: Russia expects to recover far less from "bad bank" assets - sources

UBS Group Chief Executive Sergio Ermotti is poised to become chairman of Swiss Re next year after leaving the helm of Switzerland's biggest bank, three people familiar with the matter told Reuters......»»

Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot , two sources told Reuters......»»

Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot , two sources told Reuters......»»

JPMorgan is reshuffling senior management at the top of its investment bank, naming two new global co-heads and shifting some of its most senior dealmakers into new jobs focused purely on bringing in business, two sources told Reuters......»»

Deutsche Bank has invited bids from Microsoft, Google and Amazon to overhaul the German bank's outdated and fragmented technology networks, people with knowledge of the matter said......»»

Here's what Chevron hopes to accomplish in the divestment, that was announced in December......»»

More than 300 Chinese companies are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak, two banking sources said......»»

More than 300 Chinese companies are seeking bank loans totalling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak in China, two banking sources said......»»

The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives......»»

Bank of America Corp will recruit about 50 bankers for its investment team in Asia this year, as it pushes to bulk up its dealmaking business and shore up revenues from the unit globally, three people with direct knowledge of the matter said......»»

The Republic of Korea's central bank on Friday said that it is keeping its lending rate at 1.25% as the country's economy shows signs of recovery. 0 read more.....»»

Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources......»»

Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said......»»

Exclusive: the U.S. Department of Justice has stepped up its investigation into Deutsche Bank's role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, people familiar with the inquiry told Reuters. David Pollard reports......»»

The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank's role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters......»»

Deutsche Bank has sold $50 billion in unwanted assets to Goldman Sachs as part of its restructuring, three people with knowledge of the matter said on Wednesday......»»

UniCredit has struck a deal to reduce its exposure to Turkey's Yapi Kredi , three sources told Reuters, a move seen as a first step toward the Italian bank's full exit from the recession-hit country......»»

Exxon Mobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects, according to three banking sources......»»

Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega projects at home and abroad, banking sources said......»»

Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter......»»