Wednesday 7 November 2018

Wells Fargo executives knew auto insurance program was flawed: lawsuit

Reuters.com Newsletter

Wells Fargo executives knew auto insurance program was flawed: lawsuit

Wells Fargo & Co executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge this week.

Wells Fargo's wealth management head to retire

Wells Fargo & Co's head of wealth management Jay Welker will retire at the end of March after more than two decades with the San Francisco-based bank.

'Ballers' star Rob Corddry had no Plan B if show business failed

If sarcasm were a drug, Rob Corddry would be one of the entertainment world's biggest dealers.

Brazil's BTG Pactual profit decreases amid lower trading gains

Latin America's largest independent investment bank, Brazil's Banco BTG Pactual SA, posted a 9.75 percent drop in third-quarter recurring profit on Monday as trading gains fell.

Goldman tracking ahead of $5 billion revenue goal by 2020

Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, its new finance chief said on Monday.

Medtech group Medacta readies Swiss IPO next year: sources

Swiss medical technology company Medacta is preparing to float on the SIX Swiss Exchange in spring next year, three people familiar with the matter told Reuters.

Exclusive: U.S. digital banking startup Cogni closes $1.7 million seed funding

Cogni Inc, a New York-based digital banking start-up that wants to hold deposits for consumers and book their hotels, flights and movie tickets, recently closed a $1.7 million seed funding round as it prepares to launch.

Buffett's Berkshire doubles profit, repurchases $900 million stock in third quarter

Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance business dodged hurricanes and benefited from lower taxes.

Related Videos

Apple sales worries sink Asian suppliers' shares

Ford goes local to win a bigger slice of India

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS