By Nevzat Devranoglu NEW YORK/ANKARA (Reuters) -Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy …
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(Reuters) – Wells Fargo has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter …
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By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Spending by federal and provincial governments in Canada will start feeding into inflation next year if current spending plans are maintained, …
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By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Investment bank and capital markets firm Jefferies has hired industrial banker Francis Tucci from Citigroup for a senior role, according …
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A U.S. citizen residing in the Principality of Monaco pleaded guilty today to tax evasion for concealing from the IRS over $5,130,000 in income derived from a real estate transaction …
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MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture …
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HONG KONG (Reuters) – Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm’s investment banking operations there not to leave the mainland, two sources with knowledge …
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By Milana Vinn (Reuters) – Deutsche Bank AG has hired Ainslee Withey, a Barclays technology banker, as a managing director in its technology investment banking group for internet dealmaking, according …
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MILAN (Reuters) – A law proposed by the Italian prime minister’s party to help those in arrears risks damaging the country’s non-performing loan (NPL) market, which played a crucial role …
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WARSAW (Reuters) – If the downward trend in inflation continues and other macroeconomic factors do not change radically, there are reasons to discuss lowering interest rates, Polish central banker Gabriela …
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By Milana Vinn (Reuters) – Jefferies has hired Credit Suisse investment banker Jon Gegenheimer in its latest efforts to boost its U.S. technology dealmaking franchise, according to people familiar with …
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By Mike Spector NEW YORK (Reuters) – David Kurtz, Lazard Ltd’s global head of restructuring, has agreed to join Hilco Global, the financial advisory firm that helps failing retailers liquidate …
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By Lananh Nguyen NEW YORK (Reuters) – U.S. investment bankers who advise companies on deals can expect their bonuses to sink 20% to 25% this year as markets stay subdued, …
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By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Morgan Stanley has hired veteran investment banker Daniel Cohen from Truist Financial Corp, where he was the head of the …
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NEW YORK (Reuters) – Investment bank Lazard terminated a managing director for inappropriate behavior over the weekend, according to a source familiar with the situation. Incoming CEO Peter Orszag sent …
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By Jody Godoy (Reuters) – A former Goldman Sachs banker was convicted of insider trading by a New York jury on Wednesday, after prosecutors said he passed tips about potential …
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By Jody Godoy A former Goldman Sachs banker leaked details of potential corporate mergers to a friend who traded on the information, a prosecutor told a New York jury during …
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By David French and Anirban Sen (Reuters) – Citigroup Inc has hired former UBS Group AG banker Dan Ford as a vice chairman within the natural resources and clean energy …
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PRAGUE (Reuters) – Raising the Czech National Bank’s interest rates further would still make sense as it could serve as a signal that the central bank has not given up …
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By Kirstin Ridley LONDON (Reuters) – A former Barclays banker alleges he was undermined, harassed and denied appropriate compensation and promotion because of his Cameroonian background after raising concerns about …
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PRAGUE (Reuters) – The Czech National Bank (CNB) should not cut interest rates until inflation is clearly lower as rates need to stay higher for longer to slow price growth, …
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By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) – A U.S. judge on Friday ordered former Goldman Sachs Group Inc banker Roger Ng to forfeit $35.1 million, after sentencing …
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MERIDA, Mexico (Reuters) – Bank of Mexico Governor Victoria Rodriguez vouched for the country’s banking system on Thursday, calling it robust and sufficiently liquid, just days after banking woes struck …
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SINGAPORE (Reuters) – Credit Suisse Singapore chief executive officer, Chien Chien Wong, is leaving to pursue outside interests, according to a memo seen by Reuters, in the latest senior banker …
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SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with a hawkish turn on interest rate hikes that are adding …