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Persistence of negative bond yields ‘vaguely troubling,’ warns key central-bank group
The rising amount of negative-yielding debt is a source of concern, says a top official at the Bank for International Settlements upon the Sunday release of the institution’s quarterly review......»»
Uniti Group (UNIT) Presents At Bank Of America Merrill Lynch Media, Communications & Entertainment Conference - Slideshow
Uniti Group (UNIT) Presents At Bank Of America Merrill Lynch Media, Communications & Entertainment Conference - Slideshow.....»»
Exclusive: Buyout firms KKR, Blackstone among bidders for Philippine hospitals group - sources
Buyout firms KKR , Blackstone and CVC are among bidders competing for a stake in the hospital unit of Philippines' Metro Pacific Investments Corp , people with knowledge of the matter told Reuters......»»
Medina Mora, powerful Citigroup exec who battled scandals, dies at 69
Manuel Medina Mora, one of the most influential Mexican bankers to work on Wall Street during a long career at Citigroup Inc , has died, the bank's Mexican unit Citibanamex said on Wednesday. He was 69......»»
Exclusive: Deutsche Bank sets aside $1.1 billion to exit derivatives
Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters......»»
Exclusive: Deutsche Bank faces $1.1 billion bill to exit derivatives
Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters......»»
Exclusive: India"s SBI tightens lending terms for auto dealers - source, internal memo
State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn......»»
Bank of America, Citigroup and Goldman all upgraded at Keefe, Bruyette & Woods
Shares of Bank of America Corp. , Citigroup Inc. and Goldman Sachs Group Inc. .....»»
Credit Suisse combines unit InvestLab with Spain"s Allfunds
Swiss bank Credit Suisse said on Tuesday it has combined its open-architecture business-to-business investment fund platform - Credit Suisse InvestLab - with Spain-based funds solutions provider Allfunds Group......»»
Nestle makeover advances with $10 billion sale of skin health unit
Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.1 billion), as the food group shifts its portfolio in response to changing consumer demands......»»
Nestle revamp advances with $10 billion sale of skin health unit to buyout funds
Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in response to changing consumer demands......»»
Nestle in talks with EQT Partners to sell skin health unit: source
Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter......»»
Nestle in talks with EQT Partners-led consortium for its skin health unit: source
Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter......»»
Citigroup names investor relations chief as consumer bank CFO
Citigroup Inc said on Friday that its investor relations head will become chief financial officer of its consumer banking unit......»»
Citi closes CitiCross "dark pool" amid equities unit review
A unit of Citigroup Inc has shut down one of its private stock trading venues, often referred to as dark pools, as part of a broader review of the bank's equities business, the bank said on Monday......»»
Stocks end on a negative note as bank earnings disappoint
U.S. stocks finished slightly lower on Monday after earnings from Goldman Sachs Group Inc. and Citigroup Inc. underwhelmed amid concerns over.....»»
UniCredit Group to pay $1.3 billion, German unit to plead guilty in U.S. sanctions resolution
UniCredit Group, Italy’s biggest bank by assets, has agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday......»»
Citigroup posts revenue decline in first quarter as profit tops estimates
Citigroup Inc. shares were slightly higher in premarket trade Monday, after the bank posted a decline in revenue for the first quarter. The company said it had net income of $4.7 billion, or .....»»
Head of Citigroup"s institutional clients unit retires: memo
James Forese, president and chief executive officer of Citigroup Inc's> institutional clients business, which contributed two-third's of the bank's profits last year, is retiring, according to an internal memo seen by Reuters......»»
Exclusive: Investors drop out of two groups vying for Petrobras" gas pipeline unit - sources
At least three investors left separate groups interested in acquiring a gas network pipeline that will be sold by Brazil's state-controlled oil company Petroleo Brasileiro SA, three sources with knowledge of the matter said......»»