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Recent News Headlines : Avery Stone -
IS BANK OF AMERICA'S CEO A TWO-FACED BITCOIN CRITIC?
Bank of America NYSE BAC CEO Brian Moynihan is a well-known critic of Bitcoin and other cryptocurrencies... READ MORE›
MORGAN STANLEY SAYS STOCK SLIDE WAS APPETIZER FOR REAL DEAL
U.S. stock market only had a taste of the potential damage from higher bond yields earlier this year, it says... READ MORE›
MASTERCARD SAYS MEN EARN MORE THAN WOMEN FOR EQUAL PERFORMANCE
Earn 99.1 cents for every dollar men make for equal performance at the same level, according to a report the company released Monday... READ MORE›
FED RESTRICTIONS CONTINUE TO BADGER WELLS FARGO
Wells Fargo, which posted its biggest intraday percentage loss in six and a half years, led losses on the S P 500 index, down 0.18 percent... READ MORE›
FED RESTRICTIONS CONTINUE TO BADGER WELLS FARGO US BANKS DOWN
Wells Fargo, which posted its biggest intraday percentage loss in six and a half years, led losses on the S P 500 index, down 0.18 percent... READ MORE›
DEUTSCHE BANK INVESTORS SEE NO SILVER LINING AS RESULTS DROP
Overall trading revenue at the investment bank, excluding financing, declined 27 percent, Deutsche Bank said... READ MORE›
FACEBOOK SOOTHES MARKET NERVES WITH USER EXPERIENCE PROMISE
Analysts at BofA Merrill Lynch were most bullish with a 265 price target... READ MORE›
#METOO MOVEMENT PUTS PRESSURE ON U.S. BANKS TO DISCLOSE DIVERSITY DATA
Arjuna is still seeking pay ratio details from other banks this spring including Wells Fargo... READ MORE›
BANKS AND FINTECHS ARE DUELLING IN A 'WAR FOR TALENT'
Banks may be losing the talent battle to London's financial-technology industry, but the war for the customer is still to come... READ MORE›
MORGAN STANLEY TO TAKE $1.25 BILLION HIT FOR U.S. TAX REVAMP
That's being offset by a gain of about 160 million related to a multiyear tax examination... READ MORE›
DEUTSCHE BANK TRADING SLUMP RATCHETS UP PRESSURE ON CEO CRYAN
Deutsche Bank AG's sustained trading slump is increasing pressure on Chief Executive Officer John Cryan to prove he can win back investment-banking market share... READ MORE›
Trending News Headlines : Avery Stone
PANDIT SAYS 30% OF BANK JOBS MAY DISAPPEAR IN NEXT FIVE YEARS
All of that is going to make processes easier, said Pandit, who was Citigroup's chief executive officer from 2007 to 2012... READ MORE›
'WE KNOW THE THING WORKS NOW'
Completed a successful six-month test in the 2.8 trillion equity swaps market... READ MORE›
UBER PICKS EXPEDIA CEO TO LEAD COMPANY OUT OF CRISIS
Will appoint Expedia Inc.'s Dara Khosrowshahi as chief executive officer of the global ride-hailing leviathan, two people familiar with the matter said... READ MORE›
INVESTOR CASH LEVELS JUMP TOWARD LEVELS NOT SEEN SINCE 9/11
When average cash balance rises above 4.5 percent a contrarian buy signal is generated for equities... READ MORE›
THIS IS THE FIVE-WORD MESSAGE THAT GOT A CITIGROUP TRADER FIRED
Trader David Madaras his job as the bank fought to appease regulators probing the foreign-exchange scandal engulfing the industry... READ MORE›
CHINA TO BAN IVORY TRADE WITHIN A YEAR OR SO, AS PRESSURE MOUNTS ON HONG KONG
Wildlife groups say Hong Kong's legal ivory trade provides cover for a vast illegal trade that is fueling a poaching crisis decimating elephant herds in Africa... READ MORE›
HOW A SMOOTH TALKER CONVINCED BANKERS TO INVEST $32 MILLION, THEN VANISHED
Inside Hong Kong's posh American Club, few worked a room quite like Avery Stone... READ MORE›
NYC'S TALLEST LUXURY TOWER IS DISCOUNTING CONDOS BY MILLIONS
Buyers at Manhattan's tallest ultra-luxury condo tower are getting discounts worth millions, a sign of the times in a market that's swamped with costly homes... READ MORE›
U.S. BANKS GIRD FOR BREXIT-STYLE TUMULT FOLLOWING TUESDAY'S ELECTION
A Citigroup spokeswoman described similar plans, including overnight staff in New York on the trading floor... READ MORE›
2) ROBOTS ARE EVEN THREATENING THE PIZZA DELIVERY GUY
I'm pretty sure it won't. 2 Robots Are Even Threatening the Pizza Delivery Guy In the future, will there be any jobs that robots can't do?... READ MORE›
IBM SAYS CEO PAY IS $33 MILLION. OTHERS SAY IT IS FAR HIGHER
The company, which awarded Rometty 1.5 million stock options on a one-time basis in January 2016, valued the grant at 12.1 million... READ MORE›
UBER'S NEW CEO MAY GET AT LEAST $200 MILLION TO EXIT EXPEDIA
Uber Technologies Inc.'s new chief executive officer likely comes with a price tag in the neighborhood of 200 million... READ MORE›
JACOBS ENGINEERING TO BUY CH2M HILL IN $3.27 BILLION DEAL
Perella Weinberg Partners LP and Morgan Stanley and Co LLC served as financial advisers to Jacobs, while BofA Merrill Lynch and Credit Suisse advised CH2M... READ MORE›
DEUTSCHE BANK AGREES TO $7.2 BILLION MORTGAGE SETTLEMENT WITH U.S.
It also highlights the Justice Department's recent efforts to hold European banks accountable for shoddy securities that contributed to the U.S. housing market collapse... READ MORE›
THE TRUMP RALLY MAY BE OVER COME INAUGURATION DAY
Morgan Stanley is cautioning, however, that his coming inauguration may mark an end to these post-election good times... READ MORE›
SNAP FINDS ITS IPO IS A TOUGH SELL IN LONDON
Executives, advisers, and the Chief Executive Officer of Barclays Plc attempted to sell the story of the social media company's IPO in London Monday... READ MORE›
IAC TO BUY ANGIE'S LIST IN DEAL VALUED AT OVER $500 MILLION
At 8.50 a share, the deal values Angie's List at more than 500 million, a 44 percent premium over the stock's closing price of 5.89 Monday in New York... READ MORE›
HSBC SHARES GAIN AFTER BANK NAMES AIA'S TUCKER AS CHAIRMAN
HSBC Holdings Plc named insurance executive Mark Tucker to succeed Douglas Flint as chairman, enlisting an outsider to oversee Europe's biggest bank as it overhauls management... READ MORE›
BRITISH LABOUR LEADER CORBYN TELLS MORGAN STANLEY
British Labour leader Corbyn tells Morgan Stanley 'We're a threat'... READ MORE›
MUSK TO INVEST $20 MILLION IN TESLA'S $500 MILLION SHARE SALE
Tesla's shares rose as much as 3.5 percent, before giving up some gains to trade up 0.8 percent on Thursday afternoon... READ MORE›
DEUTSCHE BANK SAID TO WEIGH ALTERNATIVES TO CASH BONUSES
Another idea under review is replacing the cash component with more Deutsche Bank stock, they said... READ MORE›
MORGAN STANLEY CEO SEES TRADING DROP SIMILAR TO JPMORGAN, BANK OF AMERICA
Morgan Stanley Chief Executive Officer James Gorman indicated his firm is seeing similar trading declines as competitors JPMorgan Chase Co... READ MORE›
CITIGROUP 'BOYS' CLUB' DISFAVORS WOMEN, LAWSUIT CLAIMS
The case is Daly v. Citigroup Inc et al, U.S. District Court, Southern District of New York, No... READ MORE›
BANK OF AMERICA BEATS ESTIMATES AS HIGHER RATES BOOST REVENUE
The bank's ratio of expenses to revenue was about 60 percent in the second quarter, down from 62.73 percent in the year-earlier period... READ MORE›
DEUTSCHE BANK REPORTED TO MULL PARTIAL U.S. RETREAT TO CUT COSTS
Deutsche Bank spokesman Armin Niedermeier declined to comment on the report by Die Welt am Sonntag when contacted by Bloomberg on Saturday... READ MORE›
BOMBARDIER'S PIERRE BEAUDOIN TO QUIT EXECUTIVE ROLE
Beaudoin will step down from the position as of June but remain non-executive chairman of the board of directors, Bombardier said... READ MORE›
BRITISH 'BANKER' ARRESTED OVER HONG KONG 'PROSTITUTE' MURDER
The women were discovered in the 31st floor flat in the Wan Chai district of Hong Kong a skyscrapper-filled central area popular with young, expat professionals... READ MORE›
WALL STREET IS DOING JUST FINE WITH FEWER WORKERS
We had a better quarter, Morgan Stanley Chief Executive Officer James Gorman told analysts... READ MORE›
DEUTSCHE BANK TURNAROUND PLAN RECEIVES MIXED INVESTOR REVIEW
Deutsche Bank's last three capital increases raised about 21.7 billion euros... READ MORE›
RBS REJECTED GOLDMAN DELOITTE WARNING OVER 2008 CASH CALL LAWSUIT ALLEGES
The joint financial advisers and sponsors of RBS's 2008 capital raising plan were Goldman Sachs and Merrill Lynch... READ MORE›