Workers at Standard Chartered Plc’s South Korean banking unit plan to go on strike today in the worst labor dispute involving foreign banks in the Asian nation in more than five years.
BusinessWeek.com — Finance
Workers at Standard Chartered Plc’s South Korean banking unit plan to go on strike today in the worst labor dispute involving foreign banks in the Asian nation in more than five years.
BusinessWeek.com — Finance
Investec Plc, which owns a private banking business and money manager that operates in South Africa, Australia and the U.K., said it’s considering selling its private banking unit in Switzerland.
BusinessWeek.com — Finance
PNC Financial Services Group Inc. may pay $ 3.45 billion in cash and stock for U.S. assets of Royal Bank of Canada, people with knowledge of the matter said.
BusinessWeek.com — Finance
Royal Bank of Canada, the nation’s biggest lender by assets, is in advanced talks to sell its U.S. retail banking unit to PNC Financial Services Group Inc., people with knowledge of the matter said.
BusinessWeek.com — Finance
Royal Bank of Canada, the nation’s biggest lender by assets, is in advanced talks to sell its U.S. retail banking unit to PNC Financial Services Group Inc., people with knowledge of the matter said.
BusinessWeek.com — Finance
Northern Trust Corp., the third- largest independent U.S. custody bank, agreed to acquire Omnium LLC from Ken Griffin’s Citadel LLC, adding $ 70 billion in assets to its hedge-fund servicing business. Terms were not disclosed.
BusinessWeek.com — Finance
Citadel LLC, the $ 11 billion hedge fund run by Ken Griffin, hired Jamil Nazarali and Matt Cushman, former executives at Knight Capital Group Inc., to lead a new effort in quantitative trading.
BusinessWeek.com — Finance
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