Edition:
United Kingdom

Imani Moise

Citi combines rates and currencies businesses

17 Jun 2019

Citigroup Inc said on Monday it is combining its Foreign Exchange & Local Markets and G10 currencies businesses into one unit.

Wells Fargo hires former Deutsche Bank executive for risk management team

06 Jun 2019

Wells Fargo & Co said on Thursday that it had appointed Deutsche Bank's Kate Clifford-Toomey to be chief operating officer for corporate risk.

Exclusive: Wells Fargo board weighs keeping interim CEO in place - sources

05 Jun 2019

Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board's thinking.

EXCLUSIVE-Wells Fargo board weighs keeping interim CEO in place -sources

05 Jun 2019

June 5 Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board's thinking.

Wells Fargo to donate $1 billion toward affordable housing by 2025

05 Jun 2019

Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1 billion (£787.1 million) to housing over the next few years.

CORRECTED-UPDATE 1-Bank of America adds human option to enhance robo investment offerings

04 Jun 2019

June 3 Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital with personalized financial planning.

CORRECTED-Bank of America adds human option to enhance robo investment offerings

04 Jun 2019

June 3Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital with personalized financial planning.

MOVES-Citigroup names Ida Liu head of North America private bank- memo

03 Jun 2019

June 3 Citigroup Inc has named Ida Liu to head its private bank in North America, according to an internal memo seen by Reuters.

Wells Fargo adds former Bank of America executive to board

29 May 2019

NEW YORK Wells Fargo & Co said on Wednesday the bank's board of directors had elected former Bank of America Corp executive Charles Noski to join the board.

World News

Iran shoots down U.S. military drone in Gulf region

Iran on Thursday shot down a U.S. military drone that it said was flying over one of its southern provinces on the Gulf, increasing fears of military conflict as Washington seeks to isolate Tehran over its nuclear and regional activities.