Wall Street firms are setting aside more cash to cover loans that have gone bad, notably in the energy sector. The pain is spreading.
Milan prosecutors accused six former and current Deutsche Bank executives, including Michele Faissola, Michele Foresti and Ivor Dunbar, of colluding with Banca Monte dei Paschi di Siena SpA to falsify its accounts, manipulate the market and obstruct the activity of authorities.
Arsenal’s Mesut Ozil was named German national team Player of the Year.
Stan Collymore is not impressed with Aston Villa’s latest recruit.
The Securities and Exchange Commission has announced that Goldman Sachs has agreed to pay $15m to settle charges that its securities lending practices violated federal regulations.
Bank of America Merrill Lynch has named Elif Bilgi Zapparoli as its new co-head of corporate and investment banking for the Asia Pacific region, according to an internal memo seen by Reuters on Thursday.
Newcastle are reportedly ready to splash out on Tottenham winger Andros Townsend.
The defender is in talks over a new contract at Hillsborough.
A mother and her son are trapped in a room and can’t escape in the very dramatic and suspenseful film ‘Room.’
Tanja Weiher informed the Board of Directors of GAM Holding that she has decided to accept an executive role in the financial services industry in Switzerland.
One of the first letters sent by the Chinese Communist leader Mao Zedong to any western leader, a plea for help sent to Clement Attlee as head of the Labour party, has sold at auction for £605,000, more than four times the highest pre-sale estimate.
Sad to report.
Few see Christmas as the most wonderful time of the year.