JPMorgan shareholders keep Dimon chairman, CEO
JPMorgan Chase shareholders Tuesday voted down a shareholder proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory.
Tag Archive | "company"
Goldman sells final stake in China’s ICBC
Monday, May 20, 2013
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Goldman Sachs is selling the rest of its Industrial and Commercial Bank of China (ICBC) stake, worth around US$1.1 billion, in a move to exit an investment it made into the bank seven years ago.
California sues JPMorgan over debt-collection fraud
Thursday, May 9, 2013
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The US state of California filed suit Thursday against JPMorgan Chase, accusing the Wall Street bank of illegally abusing credit-card customers and misusing the court system to harass them with lawsuits.
Australia’s NAB half-year profits up 23%
Thursday, May 9, 2013
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National Australia Bank posted a 22.8 percent spike in first-half net profit Thursday on the back of higher revenue from personal and wholesale banking, a result that met expectations.
Australia’s NAB half-year profits up 23%
Wednesday, May 8, 2013
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National Australia Bank posted a 22.8 percent jump in first-half net profit Thursday on the back of higher revenue from personal and wholesale banking.
UK supermarket Sainsbury’s posts rising profits
Wednesday, May 8, 2013
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British supermarket chain Sainsbury's on Wednesday announced a rise in annual profits and said it was taking full control of the group's banking unit after buying the stake held by bailed-out Lloyds Banking Group.
Pressure builds to split JPMorgan CEO, chair roles
Tuesday, May 7, 2013
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A leading shareholder advisory group Tuesday urged JPMorgan Chase shareholders to end chief executive Jamie Dimon's tenure as chairman and fire a majority of the company's board after a $6.2 billion trading loss.
Societe Generale profits drop 50% in first quarter
Tuesday, May 7, 2013
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French banking giant Societe Generale said on Tuesday it planned to cut costs by 900 million euros ($1.2 billion) by 2015 after announcing a 50-percent drop in first-quarter profits.
Bank of America to pay $1.7 bn to MBIA to settle dispute
Monday, May 6, 2013
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Bank of America and insurer MBIA on Monday announced a $1.7 billion settlement deal resolving their dispute over mortgage securities that soured as the housing market collapsed.
UBS sees net profit slip, but beats expectations
Tuesday, April 30, 2013
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Swiss banking giant UBS reported Tuesday a slight drop in its first quarter net profit, but nonetheless easily beat market expectations due to an influx of fresh cash.
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Tuesday, May 21, 2013
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