Posted at 21:57h
in
News
by KMFSLLP
Puerto Rico would reduce a
major portion of its debt by more than 60% under a long-awaited
restructuring proposal the bankrupt U.S. commonwealth's
federally created financial oversight board filed in court on
Friday.
...
Posted at 21:50h
in
News
by KMFSLLP
Two units of Bank of Montreal
agreed to pay about $38 million to settle U.S. regulatory
charges they concealed conflicts of interests by failing to tell
clients their money was often being invested in expensive,
in-house funds.
Posted at 21:06h
in
News
by KMFSLLP
Prime minister faces potential criminal investigation into misconduct allegations
...
Posted at 21:05h
in
News
by KMFSLLP
Two units of Bank of Montreal
agreed to pay about $38 million to settle U.S. Securities and
Exchange Commission charges they concealed conflicts of interest
in how financial advisers selected some investments for clients.
Posted at 21:00h
in
News
by KMFSLLP
Supreme Court judge is popular figure in Richmond despite its voting to leave EU
...
Posted at 20:53h
in
News
by KMFSLLP
Jefferies Financial
Group has laid off 15 people in its energy investment
banking team, as the bank reacts to a slowdown of mergers and
acquisitions activity among oil and gas companies, sources
familiar with the matter said on Friday.
Posted at 20:39h
in
News
by KMFSLLP
* Indexes down: Dow 0.3%, S&P 500 0.5%, Nasdaq 1.1%
(Updates to close)
...
Posted at 20:36h
in
News
by KMFSLLP
Delta Air Lines on
Thursday announced a deal to buy a 20% stake in LATAM Airlines
Group for $1.9 billion, creating a major new airline
partnership and shaking up the Chilean carrier's longtime ties
with American Airlines.
Posted at 20:33h
in
News
by KMFSLLP
After a difficult, months-long search
for a new chief executive, scandal-plagued Wells Fargo & Co
named as its next leader Charles Scharf, a one-time
Jamie Dimon protégé known on Wall Street as a detail-oriented
number cruncher who excels in streamlining operations.
...
Posted at 20:26h
in
News
by KMFSLLP
More than half of
California voters have thought about moving out of the nation's
most populous state, citing the high cost of housing, taxes or
it's political culture, according to a University of California,
Berkeley poll released on Friday.