Credit Suisse shareholder Harris Associates backed the Swiss bank's handling of any potential conflicts of interest for Michael Klein, then board member, and director Blythe Masters when it implemented a sweeping overhaul last month.
Piraeus Bank , Greece's fourth-largest lender by market value, on Friday reported strong nine-month 2022 net earnings after a loss in the same period a year earlier on higher fee and net interest income and lower loan impairment provisions.
Czech National Bank employees agreed to cancel previous contracts calling for wage rises corresponding to inflation, the bank said on Friday, giving up bigger pay hikes while rate setters battle the fastest price growth in three decades.
State-owned Italian bank Monte dei Paschi di Siena (MPS) said on Friday it had booked 925 million euros ($950 million) in charges relating to cutting nearly 20% of its staff, resulting in a 388 million euro third quarter loss.
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Credit Suisse has cut eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks after the Swiss bank announced a major global restructuring plan.
Mexican President Andres Manuel Lopez Obrador confirmed on Thursday the nomination of Bank of Mexico Deputy Governor Gerardo Esquivel for the presidency of the Inter-American Development Bank (IDB), Latin America's main lending arm.
Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, said on Thursday it has shed more than 91 million US Bancorp shares since the start of the year, reducing its stake in the fifth-largest U.S. bank by 63%.
Insurer American International Group Inc's Chief Executive Officer Peter Zaffino's employment term has been extended for five years through Nov. 10, 2027, the company said late on Thursday in a filing.
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