Europe’s Banks Dangle 5% to Lure Deposits in Fight for Customers
A bevy of European banks have finally begun to pass higher interest rates to savers, moves that will pinch profits but should help allay criticism from regulators and lawmakers alike.
A bevy of European banks have finally begun to pass higher interest rates to savers, moves that will pinch profits but should help allay criticism from regulators and lawmakers alike.
MGM Resorts International has been saying its hotels and casinos are “operational” following a cyberattack over the weekend that appeared to take down everything from payment systems to sportsbooks.
President Xi Jinping said China and Venezuela agreed to enter into a strategic partnership, a sign the two nations are improving ties after years of estrangement.
Former UK Prime Minister Theresa May said the Capitol Hill riot by a mob of Donald Trump’s supporters was a “wake-up call” to the US and other Western democracies that political stability should not be taken for granted.
Investors in Bunge Ltd.’s $2.9 billion of bonds are the most exposed to the European Union’s plan to ban imports of raw materials produced on deforested land.
Citigroup Inc. named Tyler Dickson sole head of investment banking as his longtime co-head, Manolo Falcó, was named vice chairman, part of a broad restructuring of the bank’s top executives.
A group of Hollywood A-listers including Mark Ruffalo and Joaquin Phoenix are calling on the Toronto International Film Festival to drop the Royal Bank of Canada as a sponsor, calling the firm “one of the most polluting companies” in Canada.
Angel City Football Club, one of the most high-profile women’s soccer teams in the world, has been exploring strategic options including raising capital, according to people familiar with the matter.
The US Securities and Exchange Commission sued market-making giant Virtu Financial Inc. in federal court for alleged policy lapses that the regulator said could have let employees access confidential information behind customers’ trades.
Democratic lawmakers are pressing the top tech firms to open up about the conditions of their “ghost work” — unseen laborers like those labeling data and rating responses who have become pivotal to the artificial intelligence boom.