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Bharath ManjeshR

Wells Fargo former interim CEO Parker steps down as general counsel

14 Nov 2019

Wells Fargo & Co said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year.

AIG's profit misses estimates on life unit review, catastrophe losses

01 Nov 2019

American International Group Inc missed analysts' estimates for third-quarter profit on Friday after a difficult catastrophe loss period and a review of assumptions it has used to write life insurance policies.

CORRECTED-UPDATE 3-AIG's profit misses estimates on life unit review, catastrophe losses

01 Nov 2019

Nov 1 American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in the insurer's life and retirement unit and a difficult period for catastrophe losses.

Strong consumer spending drives Mastercard profit beat

29 Oct 2019

Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit as customers shrugged off fears of an economic slowdown and spent more with their credit and debit cards, boosting fees for the world's second-largest payment processor.

Richard Branson's Virgin Galactic soars before crashing to earth in NYSE debut

28 Oct 2019

Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion (£1.79 billion) on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out. | Video

Buffett's Berkshire seeks Fed leeway to boost BofA bet - Fed

15 Oct 2019

Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by the Fed on Tuesday.

Prudential buys Assurance IQ for $2.35 billion in new tech bet

05 Sep 2019

Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups.

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