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September 22, 2020

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Detroit News

Central bank head: Europe’s recovery uncertain, incomplete

Detriot News
by Detriot News011
Detroit News – For more and to sign up click here Frankfurt, Germany – The head of the European Central Bank says that the economy is rebounding but that the recovery remains uncertain, incomplete and dependent on containing the virus outbreak. ECB President Christine Lagarde told a joint meeting of......
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CNBC Business

Leaked U.S. government files suggest Deutsche Bank tops list of suspicious transactions

CNBC
by CNBC017
CNBC – For more and to sign up click here A pedestrian with a umbrella walks pass a logo of Deutsche Bank in Frankfurt am Main, Germany. Thomas Lohnes | Getty Images SINGAPORE — Germany’s largest lender Deutsche Bank appears to have facilitated more than half of the leaked $2......
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BBC USA

FinCEN Files: UAE central bank failed to prevent sanctions evasion

BBC
by BBC023
By Ahmed Elshamy & Owen PinnellBBC News Arabic image copyrightGetty Images image captionThe Central Bank of the UAE did not respond to the BBC’s request for comment The United Arab Emirates’ central bank failed to act on warnings about a local firm which was helping Iran to evade sanctions, the......
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CNBC Business

Sacramento Kings’ Harrison Barnes talks coronavirus, social justice and his new role at First National Bank

CNBC
by CNBC021
CNBC – For more and to sign up click here Harrison Barnes #40 of the Sacramento Kings drives to the basket during the game against the New Orleans Pelicans on August 6, 2020 at The HP Field House at ESPN Wide World Of Sports Complex in Orlando, Florida. Joe Murphy......
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CNBC Business

Bank trading floors could be poised for a makeover in the wake of Covid-19

CNBC
by CNBC018
CNBC – For more and to sign up click here A member of exchange staff uses a fixed-line telephone while looking at financial data on computer screens on the trading floor of Bats Europe, the European arm of Bats Global Markets Inc., in London, U.K.. Jason Alden/Bloomberg | Bloomberg |......
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CNBC Business

CaixaBank and Bankia to merge, creating Spain’s largest bank

CNBC
by CNBC017
CNBC – For more and to sign up click here The boards of directors at Bankia and CaixaBank have agreed to merge, which would lead to a behemoth in the Spanish banking sector Pierre-Philippe Marcou, Gabriel Bouys | AFP The boards of Spain’s CaixaBank and state-owned Bankia have approved a......
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BBC - Business

Rising virus rates threaten economy, says Bank

BBC
by BBC01
https://www.bbc.co.uk/news/business-54187621 Image copyright Getty Images The Bank of England has kept interest rates at 0.1%, citing a lack of clarity over the UK’s future trade relationship with the EU and the path of the coronavirus pandemic as cause for concern. The recent increase in the rate of Covid-19 cases could......
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CNBC Business

Bank of England holds rates but warns of ‘unusually uncertain’ outlook

CNBC
by CNBC020
CNBC – For more and to sign up click here Mounted police officers sit in outside the Royal Exchange and the Bank of England in London on June 17, 2020. TOLGA AKMEN | AFP via Getty Images LONDON – The Bank of England on Thursday left interest rates unchanged and......
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CNBC Business

Gaming firm Razer exploring bank license applications in Europe and the U.S.

CNBC
by CNBC017
CNBC – For more and to sign up click here Gaming firm Razer exploring bank license applications in Europe and US SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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CNBC Business

Why Citigroup’s CEO is retiring earlier than expected, paving the way for the first woman to run a major U.S. bank

CNBC
by CNBC035
CNBC – For more and to sign up click here Chief Executive Officer of Citigroup Michael Corbat speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. Clodagh Kilcoyne | Reuters When Citigroup president Jamie Forese announced he was stepping down in April 2019, it set off......
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CBS US News

Citi picks Jane Fraser as next CEO — first woman to lead the bank

CBS News
by CBS News00
CBS News – For more and to sign up click here New York — Citigroup announced that Jane Fraser would succeed Michael Corbat as the bank’s next chief executive, making Fraser the first woman to ever lead a Wall Street bank. Fraser, 53, is currently head of Citi’s global consumer......
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BBC - Business

Bank giant names female boss in Wall Street first

BBC
by BBC00
https://www.bbc.co.uk/news/business-54106252 Image copyright Reuters Citigroup has named a woman to be its new chief executive in a first for a Wall Street bank. The firm said it had selected Jane Fraser, its current president and head of global consumer division, to become its new boss when current chief Michael Corbat......
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CNBC Business

European Central Bank keeps rates and stimulus program unchanged, despite stronger euro

CNBC
by CNBC046
CNBC – For more and to sign up click here European Central Bank (ECB) President Christine Lagarde addresses a news conference on the outcome of the meeting of the Governing Council in Frankfurt, Germany, January 23, 2020. Ralph Orlowski | Reuters The European Central Bank announced Thursday it was keeping......
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CNBC Business

JPMorgan says some employees have ‘fallen short’ as bank probes abuses of government relief funds

CNBC
by CNBC024
CNBC – For more and to sign up click here Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images JPMorgan Chase welcomed employees back from......
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CNBC Business

Lebanon’s central bank governor won’t step down, says he tried not to let the system ‘collapse’

CNBC
by CNBC037
CNBC – For more and to sign up click here SINGAPORE — Lebanon’s central bank governor told CNBC this week that he wants to help the country in its time of distress — and he won’t resign.  “You cannot resign … in an environment of a crisis, because it would......
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BBC - Business

Crime agency under fire over bank signature forgery

BBC
by BBC00
https://www.bbc.co.uk/news/business-54051369 Image copyright Getty Images Image caption The National Crime Agency in Westminster, London The National Crime Agency is facing criticism for failing to investigate reports alleging that banks forged signatures and fabricated evidence in court actions to repossess homes. MPs urged the NCA a year ago to investigate the......
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ESPN

Titans bank on Jadeveon Clowney elevating defense to Super Bowl level

ESPN
by ESPN013
9:09 AM ET Turron DavenportESPN Close Covered Eagles for USA Today Covered the Ravens for Baltimore Times Played college football at Cheyney University NASHVILLE, Tenn. — The Tennessee Titans stuck with continuity this offseason over making splashy additions — until now. They landed the biggest fish left in the free-agent......
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