Credit Suisse To Slash 2000 More Jobs In Restructuring Program

Credit Suisse Sign

The cutting of an additional 2000 jobs from its underperforming global market division will mostly be within London and New York offices. Tidjane Thiam the chief executive of Credit Suisse, one of the biggest banks in Switzerland, is willing to be seen as a villain in his aim to restructure the embattled...

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HSBC Delays Report On Money Laundering Even As U.S. Appeals

HSBC is believed to have dealt with countries placed under sanctions and criminals attempting to launder money. A U.S. based judge agreed to withhold making...

Enel Italy Logo

Enel Plans To Invest 2.5 billion Euros To Offer Fibre Optic Broadband

Enel proposes to install fibre optic broadband into homes along with its power network, spreading across 224 municipalities. Enel, the Italian power service...

Sport's Direct Store

Sports Direct To Slash Earnings Forecast For A Second Time

The company’s 450 stores, which offer sports goods at low prices all around Britain, has been experiencing huge fluctuations in its performance over...

Cheltenham Horse Races

Cheltenham Races Threaten William Hill Earnings, Share Price Falls

Bookmakers across the UK called the Cheltenham Racing Festival “the most expensive week here that we can remember.” William Hill, the U.K. bookmaker,...

Nike HyperAdapt 1.0

Nike Shares Fall Despite Increase In Revenue, Facing High Expectations

Nike CEO Mark Parker presenting Nike’s newest footwear product, the HyperAdapt 1.0 Nike, one of the world’s biggest footwear makers, has reported...

Banca Popolare di Milano Sign

Banco Popolare and BPM Agree to Merge Creating Largest Bank In Italy

The merged bank will result in the third-biggest bank in the country and will have its offices in Milan and Verona. Banco Popolare and Banca Popolare di...

The European Union Flag

Improvements Among Euro-Zone Businesses For The First Quarter

The European Central Bank hopes to further fuel the economy. Euro zone business activity has seen a much more positive end to the latest quarter according...

Henri De Castries

AXA’s CEO Announces His Departure Sparking Rumours Of HSBC Chairman Position

Castries joined AXA in 1989 and devoted the last five years to promoting the group’s business empire in growing markets. AXA Chief Executive, Henri de...

Alexis Tsipras

Euro Zone Lenders See Progress With Greece On Tax and Pension Reforms

Prime Minister, Alexis Tsipras plans to complete the review of the reforms quickly to embark upon talks about debt relief and mend broken confidence in...

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