Banking

Banking

The EU Wants to Make Its Bankers More Fireable

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The German government is planning to make it easier for companies in the financial sector to fire high-earning employees.

1 min read
Banking

Wells Fargo Sells Most of Its Commercial Real Estate Servicing Business

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Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.

1 min read
Banking

UBS Quarterly Profit Doubles Market Forecast

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UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.

2 min read
Banking

US Regulators Investigate Banks’ Responses to Scams on Zelle

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Major US banks are being probed by the Consumer Financial Protection Bureau (CFPB) over how they handle fraud on P2P payments app Zelle.

2 min read