The largest owner of sprawling Chinese conglomerate HNA is a newly formed New York nonprofit that has yet to get up and running, according to a report in The Wall Street Journal.
The nonprofit —.. Business Insider
Big banks across Europe have posted results, with BNP Paribas and Santander benefiting from restructuring and investment, and Barclays suffering from the sale of its Africa division. Laura Frykberg.. Source: Reuters Studio -
Jul.28 -- Jes Staley, chief executive officer at Barclays, discusses second quarter earnings, the status of its investigations, the charges on PPI, the company's consumer credit policies and the impact.. Source: Bloomberg Global Business -
A federal appeals court ruled on Thursday that a former Lehman Brothers Holdings Inc trader can try to recoup only about $7.7 million of an $83 million bonus he claimed to be owed after the investment.. Source: Wochit Headline News -
Manchester City coach Pep Guardiola said on July 25 that large transfer fees are here to stay as he spoke about the money the club has had to pay for their new signings.City have spent around.. Source: IBTimes US -
Ahead of today's key economic release, the US Q2 GDP number due at 8:30am ET, here is what some of the key players expect, via RanSquawk:
· Sellside Consensus: 2.6%
· Atlanta Fed: 2.8%
· NY.. Zero Hedge
The British bank says its restructuring is complete, after moving aggressively to get rid of businesses it no longer considers critical and to resolve misconduct issues. NYTimes.com
The announcement comes just a day after Lloyds Banking Group revealed it was also setting aside an extra £700million to deal with PPI claims. MailOnline Also reported by •thisismoney.co.uk •WorldNews •RTE.ie
Barclays slid to a £1.4bn attributable loss this morning, as the bank was hit by costs from the sale of its Africa operation and a swelling of its PPI mis-selling provision.
With a half-year.. City A.M.
As Barclays reported a loss of £1.2bn, some of its big European peers beat expectations with their second quarter earnings. Here are today's results from UBS, BNP Paribas, Credit Suisse and Banco.. City A.M.
Barclays has set aside another 700 million pounds ($915 million) to cover compensation claims for mis-sold payment protection insurance as it announced the completion of a drive to restructure the bank.. FOXNews.com
Barclays missed quarter two estimates with a loss of £1.4billion dented by an exit from Africa and another £700million PPI provision. thisismoney.co.uk Also reported by •MailOnline
LONDON (dpa-AFX) - British lender Barclays Plc (BARC.L, BCS) reported that its profit after tax in respect of continuing operations for half year ended 30 June 2017 rose to 1.563 billion pounds fr... FinanzNachrichten.de
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