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Finance

Deutsche Bank names Sewing as new CEO

Deutsche Bank (DB) replaced its Chief Executive Officer John Cryan after failing to plug losses and prevent decline of market…

Cyber-attacks on Delta and Sears raise more questions about data security

In yet another case of online data theft, aviation firm Delta Air Lines (DAL) and store operator Sears Holding (SHLD)…

Barclays settles subprime fraud case on ‘fair’ terms, pays $2 billion in penalty

More than a decade after the subprime crisis wreaked havoc across the global financial system, skeletons are still tumbling out…

Analytics products help FactSet to report 14% revenue growth in Q2

Financial data and software company FactSet (FDS) reported splendid revenue growth for the second quarter of 2018, driven by increased…

Wells Fargo awards 35% pay hike for its CEO despite bank scandals

Wells Fargo (WFC) has given its CEO Timothy Sloan an almost 35% hike in compensation for 2017. The compensation, which…

Do we hear warning bells of a banking crisis?

The Bank of International Settlements (BIS) indicated the possibility of some countries facing a banking crisis. These countries include China,…

Tips from the housing sector to feel at home!

Across the globe, it’s everyone’s dream to have a roof over their heads — which is also one of the…

Troubled Goldman Sachs in retrospective mode as CEO exits

Invest banking firms in the US witnessed an unusual fragility in bond trading last year, and most of them were…

Exchange Traded Funds you should not miss in 2018

The investment landscape has been witnessing a mass migration of investors from hedge funds and mutual funds to more secure…

AIG leans on travel insurance to drive turnaround; signs second deal in 5 months

After weathering multiple headwinds since the massive government-funded bailout nearly a decade ago, American International Group (AIG) is slowly regaining…