JPMorgan to bring back more traders to office next week: source
FILE PHOTO: A sign outside the headquarters of JP Morgan Chase & Co in New York, September 19, 2013. REUTERS/Mike Segar (Reuters) – JPMorgan Chase & Co (JPM.N) plans to…
Deutsche Bank faces action from NY regulators over Epstein ties: sources
FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson/File Photo NEW YORK (Reuters) – Deutsche Bank (DBKGn.DE) could…
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the…
U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors
(Reuters) – J.C. Penney Co Inc (JCP.N) said on Saturday a U.S. Bankruptcy Court will allow it to keep paying wages and benefits to workers who will remain on the…
UBS posts 40% first-quarter net profit rise as transaction levels jump
FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – The world’s largest wealth manager, UBS (UBSG.S), reported a…
U.S. payroll protection program: What has changed in round two?
WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the second round of its program to help cover payroll costs…
Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale – sources
(Reuters) – An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb’s hedge fund Third Point LLC plans to challenge a $600 million financing package that…
Bankruptcy looms over U.S. energy industry, from oil fields to pipelines
NEW YORK (Reuters) – U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as they struggle under heavy debt loads and a dual supply/demand…
UBS releases diversity figures for Americas staff
FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland January 27, 2017. REUTERS/Arnd Wiegmann/File Photo NEW YORK (Reuters) – UBS Group AG…
Mastercard to add 1,500 technology jobs in Ireland
DUBLIN (Reuters) – Mastercard Inc plans to hire 1,500 more staff in Dublin over the next three to five years, more than trebling its workforce in one of Ireland’s largest…