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Thomson Reuters Trust Index

Thomson Reuters Logo

Thomson Reuters has announced the latest results of its proprietary TRust Index, showing that second-quarter 2014 trust sentiment in the top 50 global financial institutions continued to improve, as more banks – particularly those in the Americas - received positive scores to push the global TRust Index into positive territory for the first time since the index was launched in January 2013.

ICAP to downsize 'voice broking' unit

Pair Of Scissors

ICAP, the world's biggest broker of transactions between banks, is downsizing its so-called voice broking unit to concentrate on investments in the more profitable areas of electronic broking and post-trade services.

Barrick Gold CEO Jamie Sokalsky to step down

Gold Dollar

Barrick Gold Corp said on Wednesday that Chief Executive Officer Jamie Sokalsky would step down on Sept. 15, a move likely to put more power into the hands of the miner's new executive chairman, John Thornton.



50 Euro Note Cut

Deutsche Bank records investment banking loss

Deutsche Bank posted a net loss of 6.8 billion euros for 2015, in line with the figure announced last week in a profit warning, as writedowns, litigation charges and restructuring costs took their toll.. The bank had already warned last week that it would post a 2015 net loss of approximately 6.7 billion euros.. John Cryan, Co-Chief Executive Officer, said in a...

London Canary Wharf

Citi shared client orders - former FX trader claims

Citigroup executives encouraged foreign-exchange traders to use electronic chat rooms to share client orders with employees of rival banks, a practice that forced finance companies to pay $10bn in regulatory fines, according to evidence presented to a London employment tribunal.