Wells Fargo & Co's
U.S. regulator on Thursday announced it had banned former Chief
Executive John Stumpf from the banking industry and charged him
and seven other former executives combined more than $58 million
in civil penalties for their roles in the bank's multi-year
sales practices scandal.
JPMorgan Chase & Co Chief
Executive Officer Jamie Dimon got a half-million-dollar raise
for 2019, bringing his total compensation for the year to $31.5
million, the company said in a filing on Thursday.
Mexico's Grupo Financiero
Banorte, which owns the country's second-largest bank and
largest pension fund, reported on Thursday a 12% drop in
fourth-quarter net profits from the same quarter a year earlier.
German publisher Axel Springer SE
on Thursday said it planned to delist from the
Frankfurt Stock Exchange and that U.S. private equity investor
KKR will offer 63 euros per share in cash to the company.