The U.S. Department of
Justice has delayed the return to Malaysia of another $240
million of recovered money allegedly stolen from the 1MDB
sovereign fund, two sources with direct knowledge of the matter
said on Friday, with one citing political uncertainty.
Allied Irish Banks (AIB)
said it plans to cut its workforce to below 8,000 by
2022, a sharper reduction than previously flagged, after it
reported on Friday a 23% dip in pre-exceptional full year
profits before tax.
China stocks post their
biggest weekly advance in a year even as they slipped on Friday,
tracking losses in overseas markets, as investors expected more
policy support to shore up the world's second-largest economy
hit by the coronavirus outbreak.
Australia and New Zealand Banking Group
announced job cuts at its retail distribution and
financial planning business on Friday, and while the bank did
not specify how jobs would be cut, a union said 230 would be