 | | | | Citigroup Inc staff in the United States who have not been vaccinated against COVID-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo seen by Reuters on Friday. | | | | | | Canadian asset management firm IGM Financial Inc said on Wednesday its subsidiary Mackenzie Financial Corp will acquire a 13.9% stake in China Asset Management Co in a C$1.15 billion ($900.55 million) cash deal. | | | | | | Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in a research note to clients. | | | | | | Julius Baer has agreed to sell Wergen & Partner Wealth Management to its management, the Swiss private bank said on Monday. | | | | | | JPMorgan Chase & Co has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected to return to office no later than Feb. 1, according to a memo seen by Reuters. | | | | | | HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint venture in the country, as it continues to expand its non-core banking services. | | | | | | The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its president with fraud for trying to inflate the stock price of the lender to taxicab medallion buyers, amid competition from Uber and Lyft . | | | | | | The consumer finance unit of China's Ant Group will boost the company's capital to 30 billion yuan ($4.71 billion) from 8 billion yuan, and introduce 4 new strategic investors, an exchange filing released on Friday said. | | | | | | The U.S. Treasury Department on Thursday reached a $115,000 settlement of two cases involving banking group TD Bank NA for apparent violations of department sanctions against individuals and North Korea. | | | | | | Some European banks are holding off on a decision to move forward with a new payments project that is intended be a home-grown rival to Mastercard and Visa, the company overseeing the effort said on Thursday. | | | | | |
