Edition:
United Kingdom

Matt Scuffham

Big banks beat profit expectations but warning signs grow

16 Jul 2019

Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry. | Video

Goldman Sachs profit beats estimates, boosted by strong equities trading

16 Jul 2019

Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased stock trading.

REFILE-WRAPUP 1-Big banks beat profit expectations but warning signs grow

16 Jul 2019

July 16 Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry.

Big ax falls as Deutsche Bank to lay off 18,000 in $8.3 billion 'reinvention'

09 Jul 2019

By Tom Sims, Paulina Duran, Sumeet Chatterjee and Matt Scuffham | Video

Deutsche Bank careers end in an envelope, a hug and a cab ride

09 Jul 2019

HONG KONG/LONDON/NEW YORK Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.

Deutsche Bank careers end in an envelope, a hug and a cab ride

09 Jul 2019

HONG KONG/LONDON/NEW YORK Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.

Deutsche Bank held talks with Citi, BNP on shedding chunk of equities business - WSJ

02 Jul 2019

Deutsche Bank has held talks with Citigroup Inc , BNP Paribas SA and others over the possible sale of parts of its equities business, the Wall Street Journal reported on Tuesday.

U.S. banks play cat-and-mouse game with Fed on capital returns

29 Jun 2019

NEW YORK/WASHINGTON An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders.

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