Banking

• In Show of Financial Strength, Deutsche Bank Buys Back Debt

  FRANKFURT, Germany – Germany’s Deutsche Bank is offering to buy back more than $5...

  • Posted February 12, 2016
• Questions Grow over Banks as Profit Warnings Pile Up

  PARIS – Questions are growing over the financial health of banks, particularly in Europe...

  • Posted February 11, 2016
• Morgan Stanley to Pay $3.2B over Contributors to ’08 Crisis

  ALBANY, N.Y. – Morgan Stanley will pay $3.2 billion in a settlement over bank...

  • Posted February 11, 2016
• IMF Nominates Managing Director Lagarde for Second Term

  WASHINGTON – The International Monetary Fund has nominated managing director Christine Lagarde for a...

  • Posted February 11, 2016
• Sweden Cuts Key Interest Rate Further Below Zero

  STOCKHOLM – Sweden’s central bank, worried about a long period of low inflation, decided...

  • Posted February 11, 2016
• Societe Generale Shares Slump on Profit Warning

  PARIS – Shares in Societe Generale slumped Thursday after the French bank warned it...

  • Posted February 11, 2016
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  Lawmakers Mull Bill to Help Prasa Achieve External Financing

  GDB Says not so Fast With Puerto Rico lawmakers on the verge of approving...

  • Posted February 11, 2016
• Deutsche Bank Shares Hit as Markets Fret over European Banks

  FRANKFURT, Germany – The CEO of Deutsche Bank reassured employees and markets that the...

  • Posted February 9, 2016
• Sen. Ríos Welcomes Legislation Curbing Foreclosures

  SAN JUAN – The alternate spokesman of the New Progressive Party in the Senate,...

  • Posted February 9, 2016
• Italian Bank Unicredit Earnings Drop amid Market Turmoil

  MILAN – Italian lender UniCredit says its earnings dropped in the fourth quarter, on...

  • Posted February 9, 2016