 | | | | Wells Fargo & Co will pay $65 million to settle claims that it misled investors about its "cross-selling" business strategy, the New York Attorney General's office said on Monday. | | | | | | Wende Zomnir has always had a passion for makeup - as an eighth grader, she was sent home from school for wearing too much. It should come as little surprise that she would grow up to co-found the edgy cosmetics company Urban Decay. | | | | | | Activist investor Barington Capital Group L.P. on Monday turned up the heat on Outback Steakhouse owner Bloomin' Brands Inc's board by urging it to hire an independent chair to push management to spin off three smaller restaurant chains. | | | | | | German technology group Freudenberg picked JP Morgan and Morgan Stanley to act as so-called global coordinators for a planned 2019 stock market flotation of its Vibracoustic unit, people close to the matter said. | | | | | | Danske Bank, which is involved in a 200 billion euro ($230 billion) money laundering scandal in Estonia, processed a large share of the country's cross-border payments between 2008 and 2015, its central bank said on Monday. | | | | | | Global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a UBS banker from leaving the country, sources said. | | | | | | Speculators' net bearish bets on U.S. 10-year Treasury note futures fell a tad earlier this week before Federal Reserve's release of minutes from its policy meeting last month, according to Commodity Futures Trading Commission data released on Friday. | | | | | | Bank Vontobel will acquire the international portfolio of U.S.-based clients from Swiss private banking peer Lombard Odier as it seeks to expand its footprint in the region, Vontobel said on Friday. | | | | | |
