France Suspends Morgan Stanley From Bond Deals
For three months Morgan Stanley has been barred from participating in bond deals informed the AFT.
Banking
HSBC Sends Out Memo On Resuming ‘Redundancy Plan’ Post COVID-19 Crisis
The cost restructuring plan of HSBC was put on hold due to the global outbreak of COVId-19 pandemic. Now that profits slouches which difficult economic forecasts ahead, the bank decides to fall back on its initial plan to cut over thirty thousand jobs.
In Response To Coronavirus Outbreak Wells Fargo Issues Fee Waivers
In this extraordinary time when the world is dealing with coronavirus outbreak, Wells Fargo decides to help the strain on its customers besides boosting its charitable donation.
Mike Rogers To Be Experian’s New Chairman
A veteran in the banking field to replace Don Robert at Experian.
U.S. ‘Federal Reserve Economic Data’ Includes 4 Series of Crypto-Currencies In Its Database
The inclusion of crypto index in the FRED database signals the maturity of them.
Early 2018 will be testing time for British banking & financial industry
Financial institutions and banks likely to decide Brexit-related relocation strategy in early 2018.
UBS Maintains Its Forecasts On Standard Chartered
The Standard Chartered recovers “emerging markets-focused bank”.
