Credit Suisse delivers best quarter since Thiam’s revamp

ZURICH (Reuters) - Credit Suisse delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland’s second-biggest...

Global banks fear China will limit JV control through new rules

HONG KONG/SHANGHAI (Reuters) - Western banks are seeking clarification from China’s securities watchdog on proposals to allow them to take over their onshore securities...

Credit Suisse posts first-quarter profit beat as revamp hits home stretch

ZURICH (Reuters) - Credit Suisse on Wednesday reported a 16.4 percent year-on-year rise in first-quarter net income, its best quarter since Chief Executive Tidjane...

Credit Suisse posts first-quarter profit beat as revamp hits home stretch

ZURICH (Reuters) - Credit Suisse on Wednesday reported a 16.4 percent year-on-year rise in first-quarter net income, its best quarter since Chief Executive Tidjane...

No love for U.S. bank stocks as Treasury yield hits four-year high

(Reuters) - Shares in the biggest U.S. banks, typically buoyed by rising interest rates, dipped Tuesday after the benchmark U.S. Treasury yield topped 3...

DoubleLine’s Gundlach says U.S. Treasuries ‘not attractive’

NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Treasuries were “not attractive” even though the...

All 12 Wells Fargo director nominees elected, pay approved

DES MOINES, Iowa (Reuters) - Wells Fargo & Co executives said all 12 of the bank’s director nominees were elected at its annual...

Wells Fargo investors back leaders despite protests

DES MOINES, Iowa (Reuters) - Wells Fargo & Co (WFC.N) investors gave strong backing to the bank’s directors and executives on Tuesday, suggesting they...

In Des Moines, Wells Fargo looks to soothe critics

IOWA CITY, Iowa (Reuters) - Wells Fargo & Co (WFC.N) executives planned to convey a message of atonement to shareholders at the bank’s annual...

Zurich court backs Julius Baer in East German assets row

ZURICH (Reuters) - A Swiss appeals court has ruled in favor of private bank Julius Baer (BAER.S) in a suit by a German agency...

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Trump threatens govt. shutdown in Sept if no funding for wall

Trump threatens government shutdown in September if no funding for wall

WASHINGTON, Michigan (Reuters) - U.S. President Donald Trump on Saturday threatened to shut down the federal government in September if Congress did not provide...
Iraqi parliament approves budget, Kurdish lawmakers boycott vote

UPDATE 1-Top Sainsbury's shareholder QIA backs Asda takeover talks -source

DUBAI/LONDON, April 29 (Reuters) - Qatar Investment Authority (QIA), the biggest shareholder in J Sainsbury Plc , is supportive of merger talks between the British supermarket...

Bjork claims maiden European Tour title at China Open

(Reuters) - Sweden’s Alexander Bjork won his maiden European Tour title at the China Open on Sunday, closing with a seven-under 65 to seal...