 | | | | Barclays has promoted Gonzalo Ardura to lead its investment banking business in Spain, replacing Nacho Moreno who left the British bank last week to join Credit Suisse . | | | | | | Italy expects to cap Monte dei Paschi's cash needs at around 2.5 billion euros ($2.6 billion) as it negotiates with European Union authorities a new strategic plan for the state-owned bank that will be unveiled next month, four sources said. | | | | | | Bank of America Corp said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer to its promise of paying workers $25 an hour by 2025. | | | | | | Credit Suisse Chairman Axel Lehmann reiterated on Monday his support for Chief Executive Thomas Gottstein amid investor unrest over whether he is the right man for the job at Switzerland's second-biggest bank. | | | | | | HSBC Holdings has suspended its head of responsible investing pending an internal investigation after he said central bank policymakers and other global authorities are exaggerating the financial risks of climate change, the Financial Times reported on Sunday citing people with knowledge of the process. | | | | | | Russia's central bank will from June 1 lift a ban on short selling of securities and on buying of foreign currencies using credit leveraging, in moves to increase market liquidity as volatility has subsided, it said on Friday. | | | | | | Spain's Banco Santander SA may take Brazilian payments company Getnet , private seven months after the subsidiary made its trading debut on the Sao Paulo stock exchange, a securities filing showed late on Thursday. | | | | | | Russia rushed forward two payments on its international debt on Friday in its latest attempt to stave off a default that has looked on cards since its invasion of Ukraine. | | | | | | Credit Suisse has hired a senior Barclays dealmaker to lead its investment banking business in Spain and Portugal, in a bid to strengthen its presence in a region where activity surged last year. | | | | | | Romania's central bank board unanimously voted to raise the benchmark interest rate by a bigger than expected 75 basis points to 3.75% at its May 10 meeting as it expected sharply higher inflation, minutes published on Friday showed. | | | | | |
