Lloyds Banking Group expects to report a profit for 2010, says impairments less than expected Britain's Lloyds Banking Group PLC said Friday it expects to report a profit this year as trading has so far been strong and provisions for bad assets ...
Wachovia paying $160M to settle case involving laundering of Mexican drug money Banking giant Wachovia Corp. will pay $160 million to settle a federal investigation into laundering of illegal drug profits through Mexican exchange houses in the largest case of its kind ...
Christopher Carley seen leaving Bank of America in Beverly Hills. Los Angeles, California - 16.03.10 Copyright 2010 WENN
MIAMI (Reuters) - The Wachovia Bank unit of Wells Fargo & Co has agreed to pay $160 million to settle U.S. allegations that it laundered Mexican drug money. Under the agreement, Wachovia will forfeit $110 million, representing the proceeds of illegal narcotics ...
Italy's largest bank Unicredit says 4th quarter earns fell 27 percent Unicredit SpA, Italy's largest bank, on Wednesday reported a 27 percent drop in fourth-quarter net profit due to a decline in interest income and an increase in provisions to cover bad ...
DUBAI (Reuters) - Dubai World will offer banks a single proposal to repay in full the $26 billion debt it is renegotiating, with interest likely linked to LIBOR, Al Arabiya reported on Wednesday. Officials from Dubai and neighboring emirate Abu Dhabi have ...
Australia's ANZ Banking Group is looking to pull out of a tie-up with Saigon Thuong Tin Commercial Bank, the Vietnamese bank said, after opening a wholly-owned local unit in the communist state. "ANZ has actively sought partners" to buy its shares, Dang ...
Rafael Nadal, of Spain, hits to Mario Ancic, of Croatia, during their match at the BNP Paribas Open tennis tournament in Indian Wells, Calif., Monday, March 15, 2010. (AP Photo/Chris Carlson) Copyright 2010 AP News
NEW YORK (Reuters) - Bank of America Corp <BAC.N>, the largest U.S. bank, plans to seek approval to expand its operations in China, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the Journal, the bank ...
INDIAN WELLS, CA - MARCH 13: General view of fans during the BNP Paribas Open at the Indian Wells Tennis Garden on March 13, 2010 in Indian Wells, California. (Photo by Harry How/Getty Images) Copyright 2010 Getty Images
