Finance
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HSBC shares jump 5% after Europe’s biggest bank reports slimmer credit losses and signals it could pay a dividend this year
HSBC reported an 11% drop in revenue and a 36% slide in pre-tax profits for the third quarter on Thursday. Europe’s biggest...
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337Spain’s Santander posts near-300% rise in 3rd-quarter net profit as consumers and businesses recover from the COVID-19 pandemic
Banco Santander’s chairwoman Botin attends the annual results presentation at bank’s headquarters in Boadilla del Monte Reuters Santander reported 3rd quarter net...
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Goldman Sachs tried to cover up sexual misconduct by one of its top lawyers, according to a lawsuit from a former employee who says she was fired for speaking out (GS)
Former Goldman Sachs employee Marla Crawford said in a lawsuit Monday that Darrell Cafasso, the bank’s head of litigation, sexually harassed a...
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MoneyGram’s COO explains how a four-year digital transformation helped fuel triple-digit growth during the pandemic
Business Insider MoneyGram’s bread-and-butter money transfer services, offered through hundreds of thousands of agent locations globally, was largely shuttered during the coronavirus...
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433A major value investor is shutting his fund and returning money to investors. Warren Buffett did the same thing in 1969.
Warren Buffett. Getty Images Ted Aronson, a value investor and the boss of AJO Partners, is closing down his fund after more...
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JPMorgan is looking to grow its wealth business. Here’s the latest on hiring plans, tech initiatives, and M&A strategy at the biggest US bank.
JPMorgan is the biggest bank in the US and a bellwether for the global financial system. So when it comes to the...
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The Consumer Financial Protection Bureau is moving toward open banking regulation
The CFPB is seeking guidance on rules governing consumer access to financial records, a move toward possible open banking-style regulations in the...
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Key commercial real-estate deals and trends to watch: data centers are red hot, and studio space investment is booming
The pandemic threw the real-estate world into disarray, as people emptied out of offices, hotels, and malls and worked from their homes....
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356Global stocks tumble as investors dump risk with COVID-19 cases rocketing and no US stimulus deal
AP/Richard Drew Global stocks tumbled on Monday, as investors dumped risk assets, with COVID-19 cases rocketing in the US and Europe, while...
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427Samsung’s billionaire chairman died on Sunday. He once counted Warren Buffett as a shareholder
AP Images; Steve Marcus/Reuters Samsung’s chairman, Lee Kun-hee, died on Sunday at age 78. The boss of the South Korean conglomerate once...