Investment banks

JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading

The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading.


US Banks See Loan Demand Drop, Fed Survey Says

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey...

Goldman Sachs Removes Bonus Cap for UK Bankers

After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers...

JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps

JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million...


Latest News

Doha Bank agrees to acquire HSBC Bank Oman
Doha Bank, a Qatar based lender, has entered into a definite acquisition agreement with HSBC Holdings Plc's HSBC Bank Oman to purchase its lending arm in India pending regulatory approvals in India, J
Bank of Queensland to acquire Investec's Australian unit
On Friday, investment bank Investec said that Bank of Queensland would acquire its Australian unit in a deal valued USD414 million, reported WSJ.
BNP Paribas acquires South Africa's RCS
BNP Paribas has acquired RCS in a deal valued USD250 million, reported Ventures Africa.
State Bank of India to raise international investments valued USD750 million
State Bank of India has announced raising USD750 million to USD1 billion worth of overseas investments through bond sales, reported ET.
OTP Bank close to acquire MKB from BayernLB
Hungary's OTP Bank is close to acquiring MKB from BayernLB said sources familiar with the matter, reported Reuters.
JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC
Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.
Morgan Stanley shareholders await Fed's decision on share repurchase
Shareholders of Wall Street lender Morgan Stanley are looking forward to the decision of the US Federal Reserve if it will allow it to return capital to them via share repurchases, Reuters reported.
Jersey-based gold explorer Lydian pockets C$4.7M in private placement
Saint Helier, Jersey-based gold mining and minerals exploration Lydian International pocketed C$4.7 million in a private share sale to its shareholders International Finance Corporation (IFC) and the
UK startup Allthings lands £400K in funding to organize business tasks
Dundee, UK-based software startup Allthings landed £400,000 in funding from the Scottish Investment Bank and other local investors to support its growth strategy and the improvement of its task-listin
Nedbank Capital seeks new mining investment destinations in Africa
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
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