Finance
Senator says U.S. Labor Department dismantled website for Wells Fargo workers
WASHINGTON Democratic Senator Elizabeth Warren on Friday accused the U.S. Labor Department of dismantling a website designed to help Wells Fargo workers file whistleblower retaliation and other complaints against the bank, and asked the department to reinstate it.
Sen Warren says Labor Dept removed website for Wells Fargo employees
WASHINGTON The U.S. Department of Labor removed a special website it created as a resource for current and former Wells Fargo employees on workplace issues, including whistleblower retaliation complaints, according to a U.S. lawmaker.
Citigroup quietly launches small business lending website
Citigroup Inc has quietly launched a website to make small business loans of up to $1 million, the latest effort by a big bank to make the process of smaller loans more technology-friendly.
Four food firms prepare bids for British cereal maker Weetabix: sources
LONDON America's third-biggest cereal company, Post Holdings , and the UK's Associated British Foods are among a group of four bidders vying for British cereal brand Weetabix, sources familiar with the matter said on Friday.
Ex-Rabobank traders seek reversal in U.S. of Libor convictions
NEW YORK A U.S. appeals court on Thursday questioned whether two former Rabobank traders' rights were violated in what became the first case by U.S. Justice Department to go to trial spilling out of global probes into the manipulation of Libor.
Factbox: Impact on banks from Britain's vote to leave the EU
Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, posing a risk to London's status as a major financial center.
RBS to take another multi-billion pound charge for mis-selling: Sky
Royal Bank of Scotland Group Plc (RBS) will announce within days that it is taking another multi-billion pound charge for mis-selling mortgage-backed securities, Sky News reported on Wednesday. http://bit.ly/2jStQWD
RBC woos three senior financials bankers from Deutsche Bank
RBC Capital Markets has hired three senior Deutsche Bank AG bankers who focus on advising banks, according to an internal memo from the Canadian firm.
RBS challenges investors on costs as rights issue trial nears
LONDON Royal Bank of Scotland is demanding that thousands of shareholders suing the bank over a 12 billion pound ($15 billion) cash call in 2008 prove they have appropriate insurance cover to meet the hefty risks of a trial now slated for May.
How Russia sold its oil jewel: without saying who bought it
MOSCOW/LONDON/MILAN More than a month after Russia announced one of its biggest privatizations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn't possible to determine from public records the full identities of those who bought it.
