JP Morgan Chase Q4 2021 net income declines by 14% to $10.4bn

By NS Banking Staff Writer

17 Jan 22

The financial services company has attributed the decline in net income to higher noninterest expense, and revenues to…

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Voya Investment Management completes acquisition of the investment advisory business of Tygh Capital Management

By NS Banking Staff Writer

04 Jan 22

Voya Investment Management manages more than $230bn for affiliated and external institutions as well as individual investors, as…

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Morgan Stanley agrees to pay $60m to resolve data security claims

By NS Banking Staff Writer

03 Jan 22

The bank has twice failed to retire some of its outdated IT systems, resulting in the exposure of…

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Deutsche Bank fined nearly $10m for claims related to Euribor controls

By NS Banking Staff Writer

30 Dec 21

BaFin imposed the fine under the European Benchmarks Regulation of 2018, which seeks to prevent manipulation of Euribor…

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EIF, UniCredit partner to support SMEs in Bulgaria, Slovakia, Slovenia and Croatia

By NS Banking Staff Writer

29 Dec 21

The financing is backed by the European Guarantee Fund (EGF), a part of the EU’s €540bn Covid-19 response…

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Italy’s UniCredit to axe 950 jobs by 2024

By NS Banking Staff Writer

13 Dec 21

The job cuts will reportedly occur in central offices, and will be implement by retiring people by using…

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MUFG Bank and Mitsubishi UFJ Trust and Banking Become Japan Impact-driven Financing Initiative Signatories

By NS Banking Staff Writer

29 Nov 21

MUFG Bank and Mitsubishi UFJ Trust and Banking will pursue activities for the development of impact-oriented investing and…

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Voya Investment Management to acquire the investment advisory business of Tygh Capital Management

By NS Banking Staff Writer

24 Nov 21

Transaction represents Voya’s commitment to delivering alpha to clients and continued investment in its equity capabilities

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Intesa to cut additional 2,000 jobs, hire 1,100 new employees by 2025

By NS Banking Staff Writer

17 Nov 21

The company will recruit one employee for every two voluntary exits, up to 1,000 people, against the 2,000…

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ABN AMRO reports 14% rise in Q3 2021 net profit to €343m

By NS Banking Staff Writer

11 Nov 21

The bank reported a net profit of €682m for the nine months ended 30 September 2021, compared to…

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