 | | | | Dutch financial services company ING will quit the French retail banking business, it said on Tuesday, in a move that could affect 460 employees. | | | | | | Eric Varvel, chairman of Credit Suisse's investment bank and head of its U.S. holding company, is leaving the Swiss group where he has worked for three decades, a staff memo seen by Reuters and confirmed by the bank said. | | | | | | Sherborne Investors , led by activist investor Edward Bramson, has turned its attention to Navient Corp after failing in its attempt to overhaul British banking giant Barclays . | | | | | | European Central Bank Governing Council member Mario Centeno said on Monday there was "uncertainty" about inflation that required constant monitoring, but that fresh anti-COVID-19 lockdowns in Europe should not lead to price increases. | | | | | | The Bank of England said on Monday it was fining Standard Chartered 46.55 million pounds ($61.51 million) for misreporting its liquidity position to the regulator and for failings in its controls. | | | | | | Russia's financial system would be able to cope even if it was disconnected from the SWIFT global interbank payments system, the head of the country's second-largest lender VTB Bank said on Sunday, but added he did not think such a move was likely. | | | | | | Eric Varvel, chairman of Credit Suisse's investment bank, is in discussions to leave the company, the Financial Times reported on Thursday, citing people briefed on the matter. | | | | | | U.S. insurer MetLife Inc on Thursday told staff it has pushed back plans for U.S. employees to return to the office to March from Jan. 10 previously, a spokeswoman for the company said. | | | | | | HSBC has hired former Nomura banker Chris Fincken as a managing director in its UK investment banking coverage team, according to an internal memo seen by Reuters on Thursday. | | | | | | The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain. | | | | | |
