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January 28, 2020

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Reuters - Business

Bank of Italy chief defends regulator’s role in Bari bank crisis

Reuters
by Reuters012
MILAN (Reuters) – The head of Italy’s central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions. FILE PHOTO: Bank of Italy Governor Ignazio Visco looks on during......
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Reuters - Business

Bank of Italy ready to account for Popolare di Bari supervision: Visco to press

Reuters
by Reuters017
FILE PHOTO: Bank of Italy Governor Ignazio Visco looks on during a meeting in Rome, Italy, October 31, 2017. REUTERS/Remo Casilli/File Photo MILAN (Reuters) – Bank of Italy has “positively” accomplished its supervision duties and it is ready to account for its action on failing lender Banca Popolare di Bari,......
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Reuters - Business

Deutsche paints gloomy picture at investor gathering

Reuters
by Reuters022
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) pared back its revenue growth target on Tuesday, highlighting the tough task facing Germany’s biggest lender to revive its fortunes against a gloomy economic backdrop. Deutsche’s management gave a presentation to investors on its restructuring which aims to shift the bank away from Wall......
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Reuters - Business

Exclusive: U.S. digs deeper into Deutsche role in Danske money laundering scandal – sources

Reuters
by Reuters017
FRANKFURT/NEW YORK (Reuters) – The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank’s role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters. One source said the DoJ’s new line of inquiry......
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History

How New York City Found Clean Water | History

Smithsonian
by Smithsonian043
Centuries before New York City sprawled into a skyscraping, five-borough metropolis, the island of Manhattan was a swampy woodland. Ponds and creeks flowed around hills and between trees, sustaining nomadic Native Americans and wildlife. But after the Dutch established a colony in 1624, water shortages and pollution began threatening the......
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