DUBLIN Ireland appointed New Zealand treasury chief Gabriel Makhlouf as its new central bank governor on Wednesday, replacing Philip Lane who leaves next month to become the European Central Bank's chief economist.
NEW YORK/HONG KONG Standard Chartered aims to expand its U.S. presence with a local hiring push and by bolstering its team in the country with senior staff from its main regions of Asia, the Middle East and Africa, its top bankers said.
WASHINGTON The U.S. government unveiled plans on
Wednesday to replace the chief overseer of federally chartered
banks with a veteran financial lawyer as President Donald Trump
starts to put his stamp on regulating Wall Street.
An investigation by Wells Fargo & Co's board laid blame for the company's unauthorized accounts scandal on a high-pressure sales culture and a retail executive obsessed with stamping out negative views about her division. | Video
An investigation by Wells Fargo & Co's
board laid blame for the company's unauthorized accounts scandal
on a high-pressure sales culture and a retail executive obsessed
with stamping out negative views about her division.
April 10 An out-of-control sales culture, a
defensive boss obsessed with stamping out negative views about
her division and a group chief executive who called her the "the
best banker in America" were to blame for Wells Fargo & Co's
devastating sales scandal, an internal investigation
DAVOS, Switzerland U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump.
DAVOS Top bankers are confident that British Prime Minister Theresa May's government will support a transition period of several years for the financial sector to cope with Britain's exit from the European Union. | Video
London/Davos Nach der Festlegung der britischen Premierministerin Theresa May auf einen "harten Brexit" bereiten sich die ersten Banken konkret auf einen Umzug auf den europäischen Kontinent vor.
DAVOS, Switzerland Donald Trump's comments about NATO being "obsolete" reflect how the world has changed, but should not be interpreted as meaning that it needs to be consigned to history, a senior adviser to the U.S. president-elect said on Tuesday. | Video