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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......»»

Category: topSource: marketwatchSep 23rd, 2019

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.....»»

Category: topSource: seekingalphaSep 13th, 2019

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......»»

Category: topSource: reutersAug 16th, 2019

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......»»

Category: topSource: reutersAug 7th, 2019

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......»»

Category: topSource: reutersAug 2nd, 2019

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......»»

Category: topSource: reutersAug 2nd, 2019

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......»»

Category: topSource: reutersJul 29th, 2019

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. .....»»

Category: topSource: marketwatchJul 26th, 2019

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......»»

Category: topSource: reutersJun 25th, 2019

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......»»

Category: topSource: reutersMay 16th, 2019

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......»»

Category: topSource: reutersMay 16th, 2019

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......»»

Category: topSource: reutersMay 15th, 2019

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......»»

Category: topSource: reutersMay 15th, 2019

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......»»

Category: topSource: reutersMay 10th, 2019

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......»»

Category: topSource: reutersMay 6th, 2019

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.....»»

Category: topSource: marketwatchApr 15th, 2019

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......»»

Category: topSource: reutersApr 15th, 2019

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 .....»»

Category: topSource: marketwatchApr 15th, 2019

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......»»

Category: topSource: reutersApr 11th, 2019

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......»»

Category: topSource: reutersApr 1st, 2019