Finance & Economics - page 63

News

SEC Accuses Wells Fargo of Overcharging Nearly 11,000 Investment Accounts With Advisory Fees

The Securities and Exchange Commission on Friday, August 25, reported that Wells Fargo has for many years used the practice of illegally overcharging almost 11,000 investment advisory accounts in the amount of about $27 million.

News

TD Bank Cooperates With Regulators on Anti-Money Laundering Issues

TD Bank announced cooperation with regulators and law enforcement agencies in the framework of the proceedings concerning the lender’s compliance with the provisions of the normative base defining the legal principles of combating money laundering.

Society & Lifestyle

Morgan Stanley Launches Financial Education App for Entertainers, Creators and Athletes

The new Money in the Making app was developed and designed by Morgan Stanley specifically for the next generation of athletes, entertainers, and sports and entertainment professionals embarking on their wealth management journeys.

News

NVIDIA Reports Record Sales

NVIDIA has reported an increase in its sales to a record level amid a rapid growth in demand for artificial intelligence chips.

News

Citi Introduces New Offerings to Streamline Its Retail Banking Business

Citi has developed new proposals that should optimize the retail banking business of this lender.

Articles

3rd UAE Corporate Tax Conference to Address Implications of New Tax Regime Effective from 1st June 2023

Cogent Solutions™ is delighted to unveil the 3rd UAE Corporate Tax Conference, a pivotal event that will shed light on the recent developments in the realm of corporate taxation, including the implementation of the federal corporate tax in the United Arab Emirates (UAE). The conference is scheduled to take place on September 20, 2023, at […]

Articles

Setting Fair and Accurate Salary Bands in the UK: Why It Matters

In an increasingly competitive job market, setting fair and accurate salary bands is not just a matter of compliance; it’s a strategic necessity. Salary bands in the UK play a vital role in attracting and retaining top talent, fostering employee satisfaction, and maintaining organisational integrity.

News

Goldman Sachs Reportedly to Sell Its Personal Financial Management Business

The media reported that in the future, Goldman Sachs may decide to sell its personal finance management business.

News

Microchip Giant Arm Files for IPO

Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.

News

S&P Global Ratings Downgrades Five Regional US Banks

S&P Global Ratings has revised down the ratings of five regional banks in the United States.

News

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

News

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit

The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.

News

China’s Evergrande Group Files for Bankruptcy in New York

Evergrande Group, at one time the second-largest real estate developer in China, filed for bankruptcy in New York.

News

Emirates Development Bank Collaborates With Trade Capital Partners to Offer Supply Chain Finance

The Emirates Development Bank (EDB) has entered into a partnership agreement with Trade Capital Partners (TCP), which aims to create a solution for supply chain financing and working capital for small and medium-sized businesses in the United Arab Emirates (UAE).

News

Comerica Bank Unveils New Business Banking Solutions

Comerica Bank, headquartered in Dallas, Texas, announced the launch of a new set of solutions for small business and business banking clients.

News

JPMorgan Сhanges Default Forecast for Emerging Markets

JPMorgan has made changes to the forecast for high-yield corporate default in global emerging markets, increasing the level of probability of this scenario.

Finance & Economics