 | | | | KPMG was fined 14.4 million pounds ($17.27 million) on Monday after the accounting firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm Carillion and outsourcing firm Regenersis. | | | | | | Swiss wealth manager Julius Baer will freeze hiring for non relationship manager positions after higher costs and lower client activity triggered a 26% drop in first half earnings. | | | | | | Credit Suisse is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources. | | | | | | China's banking regulator on Sunday said it is investigating an inspector at its bureau in Henan province, which has seen protests by depositors unable to retrieve funds following suspected fraud at a number of rural lenders. | | | | | | FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry. | | | | | | Monte dei Paschi di Siena (MPS) 's seventh capital raising in 14 years was always going to be a hard sell, now Italy's political crisis risks turning it into a mission impossible. | | | | | | Allied Irish Banks on Friday shelved plans to drop cash services in 70 of its 170 branches after a major political backlash against the decision over its likely impact on small businesses and rural communities. | | | | | | American Express Co's quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, helping the company raise its annual revenue forecast and sending its shares 5% higher. | | | | | | Individuals or entities who are sanctioned by Britain can make payments to insurers from a frozen bank account, the British sanctions office said on Friday | | | | | | Alpha Bank , one of Greece's four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 million) portfolio of unsecured bad loans to Hoist Finance AB for 34 million euros. | | | | | |
