Information reaching us revealed that British bank NatWest pled guilty to charges of failing to prevent the laundering of £400 million ($544 million) between 2012 and 2016.
Posts published in “Banking”
One of Morgan Stanley‘s (MS.N) top dealmakers, who helped advise oil giant Saudi Aramco (2222.SE) on its initial public offering (IPO), is leaving to join the investment banking arm of Banque Saudi Fransi (1050.SE).
Citigroup Inc (C.N), like its Wall Street peers, made the best of a boom in deal making to post strong quarterly profit on Thursday, fending off a weakness in its lending business, which the bank’s management said would continue to be under pressure.
Bank of America Corp (BAC.N) beat estimates for third-quarter profit on Thursday, boosted by strong growth across its businesses which executives said they expected to continue next quarter.
JPMorgan Chase & Co (JPM.N) beat analysts’ profit estimates on Wednesday, thanks to record revenue in some investment banking businesses and a sunnier economic outlook that allowed the largest U.S. bank to release money it had set aside for potential loan losses during the coronavirus pandemic.
It was an email offering a discount on an electric toothbrush that began the sequence of events that ruined Anna’s life.