NEW YORK, June 30 (Reuters) – American International Group
Inc Chief Executive Robert Benmosche said last week he
would quit unless Chairman Harvey Golub leaves the company,
Bloomberg reported on Wednesday.
SHANGHAI, July 1 (Reuters) – IBM’s China unit has
bought a 1 percent strategic stake in Bright Oceans Inter-Telecom
Corp , the Chinese maker of computer parts and
components said on Thursday.
ABN Amro NV said that it and Fortis Bank Nederland NV will legally merge Thursday and start operating as a single bank under the name ABN Amro Bank.
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Lloyds Banking said Wednesday that it will cut 650 jobs after closing an insurance site in the U.K. and shrinking staff in other locations, as it continues to streamline its …
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European Union government representatives Wednesday backed a preliminary agreement with the European Parliament on new rules to limit bankers’ bonuses and cap them to …
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Barclays PLC Finance Director Chris Lucas said investment banking revenue was “softer” in May and June than in the first quarter.
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Nation’s top civil liberties group forges its own battle over state’s immigration law, warning travelers of racial profiling; critics call it ‘disinformation’
The pace of Chinese manufacturing growth slowed in June as government steps to cool the property market and curb bank lending combined with a faltering global recovery to dampen sentiment.
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First-time homebuyers will have until Sept. 30 to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate late Wednesday.
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