Credit Suisse (CSGN.S), recently hit by the Archegos and Greensill scandals, has created a new role of chief risk officer for asset management that will be filled by Wolfram Peters, former chief risk officer at Allianz Global Investors, executives of the Swiss bank said in an internal memo seen by Reuters.
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Deutsche Bank (DBKGn.DE) on Wednesday delivered a fourth consecutive quarterly profit for the first time in nearly a decade and raised its revenue outlook despite a decline in business at its investment bank.
Barclays pays out more than $1 billion to Investors as Profits Rebound
British bank Virgin Money (VMUK.L)raised its margin forecast on Tuesday after reporting an increase in home and consumer lending in the third quarter as COVID-19 restrictions eased.
PayPal Holdings Inc (PYPL.O) is partnering with non-profit organisation the Anti-Defamation League (ADL) to investigate how extremist and hate movements in the United States take advantage of financial platforms to fund their criminal activities.