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Global Markets: Dow Jones, Nasdaq rise on Johnson & Johnson, tech stocks gain; Bank of America Corp declines 2.2%
Tue, Apr 16, 2019
Technology shares rose 0.57%, and provided the biggest boost to markets on gains in Apple Inc and chipmakers. The Philadelphia chip index rose 1.56 per cent.
Trump says he's looking at breaking up big banks
Tue, May 02, 2017
"I`m looking at that right now. There`s some people that want to go back to the old system, right? So we`re going to look at that," EFE news quoted Trump as saying in an interview with Bloomberg News.
Indians leave bankers in the cold in $23 billion telecoms mega-deal
Wed, Mar 22, 2017
This week`s $23 billion tie-up between Idea Cellular, controlled by the Aditya Birla Group, and the Indian business of Vodafone Group, is the latest example of a trend that is squeezing major international investment banks.
Big banks in US could see fat payday under Donald Trump
Sun, Dec 11, 2016
After eight years of unrelenting scrutiny and billions of dollars in legal settlements, the banking industry suddenly is facing a more hospitable political climate in Washington next year.
Bond rout marks November a watershed month for fund flows - BAML
Fri, Dec 02, 2016
The rout in world bond markets gathered pace in the past week, making November a watershed month for fund flows as bond funds chalked up their heaviest outflows in three and a half years, Bank of America Merrill Lynch said on Friday.
Fed wants more capital at largest banks
Tue, Sep 27, 2016
Shares of the largest US banks fell Monday after the Federal Reserve`s main regulator proposed higher capital requirements for them.
Bank of America set to cut about 2 dozen investment banking jobs in Asia
Mon, Sep 26, 2016
Bank of America is set to cut about two dozen investment banking (IB) jobs in Asia, including some top dealmakers starting this week, according to people familiar with the matter.
SBI named in Hall Of Shame list of Banks funding Cluster Bomb Makers
Thu, Jun 23, 2016
The State Bank of India (SBI) has defended financing a U.S. cluster bomb manufacturer, saying its investments were legal, after being put in a "Hall of Shame" along with several other major banks by a Dutch campaign group.
SBI named in a 'Hall of Shame' of banks funding cluster bomb makers
Sun, Jun 19, 2016
The maximum number of 74 banks are from the US, followed by China (29) and South Korea (26).