Companies > Banks

How Does UBS's Wealth Management Operations Stack Up Against Peer Credit Suisse?

10 minutes ago   |   Forbes   |   3 articles

UBS and Credit Suisse are the two largest Swiss banks. After the economic downturn, the banks decided to cut back their investment banking activity and increased their focus on...
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Deutsche Bank Goes Back to Its Old Ways

19 minutes ago   |   Washington Post

Relying on the recently scorned investment bank to improve revenue is a gamble. This doesn't feel like a different direction.
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10 things you need to know before opening bell

10 things you need to know before opening bell

56 minutes ago   |   Business Insider   |   4 articles

Here is what you need to know. 1. Boris Johnson had a disastrous day on the campaign trail which supporters fear could cost him the election. A clip of Boris Johnson refusing...
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France fines Morgan Stanley $22 million for bond manipulation

1 hour ago   |   Reuters   |   2 articles

France's markets watchdog AMF said on Tuesday it had fined U.S bank Morgan Stanley 20 million euros for manipulation of sovereign bonds.
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Not Truist yet: Braves park keeping SunTrust name for now

1 hour ago   |   Chron

ATLANTA - SunTrust and BB&T have combined into a megabank with a new name, Truist, but the completion of their merger won't immediately change the name of the Atlanta Braves...
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Barclays just announced 56 new managing directors in its corporate and investment bank - here's the list of names

Barclays just announced 56 new managing directors in its corporate and investment bank - here's the list of names

2 hours ago   |   Business Insider   |   3 articles

Barclays named 56 new managing directors on Monday - across banking, corporate banking, markets and research. Their names are below. The bank named dozens more MDs in other...
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Central banks worldwide buying up massive amounts of gold in a shift away from US dollar - Goldman Sachs

Central banks worldwide buying up massive amounts of gold in a shift away from US dollar - Goldman Sachs

2 hours ago   |   RT

Gold prices will climb to $1,600 per ounce over the next year, Wall Street bank Goldman Sachs projects. It says that central banks are consuming a fifth of the global supply of...
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Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season

3 hours ago   |   Business Insider   |   2 articles

Morgan Stanley is cutting 1,500 jobs, or roughly 2% of its workforce. People familiar with the matter told CNBC that the cuts will largely hit technology and operations, while...
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Take It to the Bank, This System Is Broken

4 hours ago   |   Washington Post

China's IPO mechanism causes overpricing of some offerings and underpricing of others.
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France fines Morgan Stanley $22 million for manipulating sovereign bonds

4 hours ago   |   Reuters   |   7 articles

France's markets watchdog AMF said on Tuesday it has fined U.S bank Morgan Stanley 20 million euros for manipulation of sovereign bonds.
Read more ...


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Andreessen Horowitz's new growth fund just invested $30 million into Imply...

Andreessen Horowitz's new growth fund just invested $30 million into Imply, an open source data analytics startup taking on Microsoft and Salesforce's Tableau

Imply, an open source data analytics startup, announced $30 million in Series B funding led by Andreessen Horowitz's new growth fund. The funding values the 4-year-old startup... Read more ...

Billionaire Ray Dalio calls the late Paul Volcker 'the greatest American...

Billionaire Ray Dalio calls the late Paul Volcker 'the greatest American hero I've known'

Dalio says that the greatest American he's ever known is the late Paul Volcker. On LinkedIn, Dalio said, "I knew him personally as a man who had great wisdom, humility, and... Read more ...

Martech company Iterable just raised $60 million in what it calls its last...

Martech company Iterable just raised $60 million in what it calls its last funding round, and plans to use it to take on Salesforce and Oracle and get profitable

A growing number of marketing tech companies are trying to help brands make sure the messages they send to customers are relevant. Iterable is a 6-year-old, San Francisco-based... Read more ...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season

Morgan Stanley is cutting 1,500 jobs, or roughly 2% of its workforce. People familiar with the matter told CNBC that the cuts will largely hit technology and operations, while... Read more ...

Away CEO Steps Down After Bombshell Report Reveals Staff Mistreatment

Away CEO Steps Down After Bombshell Report Reveals Staff Mistreatment

Steph Korey will no longer manage the popular luggage company in the wake of an article detailing a toxic work culture. Read more ...

SoftBank is selling back its stake in embattled dog-walking startup Wag...

SoftBank is selling back its stake in embattled dog-walking startup Wag, amid the company's 'painful' layoffs

SoftBank's Vision Fund is giving up its nearly 50% stake in the dog-walking startup Wag, as the company continues to struggle. A memo circulated among Wag employees informed... Read more ...

Amazon thinks its cloud is 'objectively superior' to Microsoft's because it...

Amazon thinks its cloud is 'objectively superior' to Microsoft's because it has a custom chip called Nitro. Here's everything Amazon says the Pentagon missed with JEDI

In its protest over the lucrative JEDI contract, Amazon claims that its cloud is better than Microsoft's cloud. While Amazon has basically argued that the main reason it lost... Read more ...

At least 5 people are dead after a New Zealand volcano erupted. Experts say...

At least 5 people are dead after a New Zealand volcano erupted. Experts say the disaster was not predictable, despite warning signs

At least five people are dead, eight are missing, and more than 30 are injured after one of New Zealand's most active volcanoes erupted on Monday afternoon. Over the last... Read more ...

Amazon can blame Trump all it wants but Microsoft will still walk away with...

Amazon can blame Trump all it wants but Microsoft will still walk away with the $10 billion JEDI deal, analyst says

Amazon is challenging the Pentagon's decision to award a $10 billion cloud computing contract to competing Microsoft in a lawsuit, alleging political interference from the... Read more ...

Take a look at Louis Vuitton's new collection of video game clothes, a...

Take a look at Louis Vuitton's new collection of video game clothes, a collaboration with League of Legends that includes a $5,000 leather jacket

Louis Vuitton released its League of Legends collection, and it doesn't come cheap. The collection has about 40 products, many of which cost well over $1,000. Products are set... Read more ...