 | | | | A spate of COVID-19 cases among staff at Jefferies Financial Group Inc was not caused by a specific incident and the Wall Street investment bank had erred on the side of caution by asking staff to work from home again, a spokesperson told Reuters. | | | | | | Britain's finance firms have began issuing an array of updated work from home guidance to staff after the government toughened up rules. | | | | | | The U.S. Treasury Department must play a major role in combating corruption at home and abroad, Treasury Secretary Janet Yellen told President Joe Biden's democracy summit on Thursday, unveiling a new "kleptocracy fund" to reward tips on where corrupt foreign leaders hid their money in the United States. | | | | | | Credit Suisse plans a sixth payout in December to investors in frozen supply chain finance funds linked to Greensill, the Swiss bank said on Thursday, adding it had recovered around $7.1 billion by the end of November. | | | | | | Blank-check firm Disruptive Capital Acquisition Co said on Thursday it had ended talks with River and Mercantile to buy the British fund manager's pensions business, clearing the decks for Schroders to acquire the unit. | | | | | | Swiss financial supervisor FINMA is in touch with Credit Suisse about a coronavirus quarantine violation by its chairman, the watchdog said on Thursday. | | | | | | JPMorgan Chase & Co expects its fourth-quarter markets revenue will be down about 10 percent from a record performance a year earlier, Chief Operating Officer Daniel Pinto said on Wednesday. | | | | | | Latin American fintech Nubank priced its class A shares on Wednesday at $9 each in an initial public offering on the New York Stock Exchange which valued it as the biggest listed bank in the region. | | | | | | The U.S. Justice Department has told Deutsche Bank that it may have violated a criminal settlement when it failed to tell prosecutors about an internal complaint in its asset-management arm's sustainable investing business, the Wall Street Journal reported on Wednesday. | | | | | | Citigroup Inc is pausing buybacks of its stock this quarter because of the expected impact of a new capital rule related to derivatives risks, Chief Financial Officer Mark Mason said on Wednesday. | | | | | |
