Wells Fargo on Tuesday named dealmaking veteran Doug Braunstein as its vice chair, looking to expand its investment banking business in a market dominated by JPMorgan , Goldman Sachs and Morgan Stanley .
Carlyle has appointed Goldman Sachs’ former head of commodities research Jeff Currie to lead the private equity giant’s energy transition analysis, it said on Tuesday.
Indian banks will have to submit all audited returns to the central bank within five working days from the date of signing of the auditor’s report, a Reserve Bank of India (RBI) circular showed on Tuesday.
Russian lawmakers on Tuesday approved draft legislation allowing digital financial assets (DFAs) to be used in international settlements, a move that may enable Moscow to shield some cross-border money flows from international scrutiny.
Ireland hopes to tap sovereign wealth funds in the Middle East to invest in infrastructure projects as the government seeks to keep pace with its fast growing population.
Morgan Stanley raised its year-end target for the MSCI’s European index on Tuesday, citing a boost from artificial intelligence (AI), a pick up in deals and hopes of a “soft landing” of the U.S. economy.
Bank of Montreal reported a fall in its first-quarter adjusted profit on Tuesday, as the bank set aside a large reserve against potential credit losses in a turbulent economy.
A hawkish Federal Reserve is narrowing the window on trades that some U.S. regional banks have been hoping to use to reduce their commercial real estate exposure, investors, analysts and lawyers said.
Canada’s Bank of Montreal (BMO) on Tuesday missed analysts’ estimates for quarterly profit as the lender set aside a larger-than-expected sum of money to cover bad loans in an uncertain economy.
