European Banks Use Pandemic to Clean House
European banks are using the pandemic to make changes investors have wanted for years: slash jobs, shut branches and force ...
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Tag: Commercial Banking
Citigroup, Bank of America Cut CEO Pay
Citigroup Inc. and Bank of America Corp. said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank ...
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Bank of America matches efforts by Morgan Stanley, JPMorgan Chase with net-zero financing goal
Bank of America joined select other big banks who’ve pledged to achieve net-zero greenhouse gas emissions through its financing before ...
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America Went on a Borrowing Binge, but Banks Were Left Out
Last year was a banner one for debt, but it didn’t look that way for America’s big banks. Large U.S. ...
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French Bank Natixis, Plagued by Setbacks, to Go Private in $4.5 Billion Deal
PARIS—French financial cooperative BPCE said it plans to buy out minority shareholders of its listed investment bank, Natixis SA, taking ...
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Banks Are Taking Advantage of Low Rates to Issue Preferred Shares
Text size Ting Shen/Bloomberg Banks like Wells Fargo and Bank of America have taken advantage of historically low interest rates ...
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