Finance News
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U.S. bankers who vowed last year to boost profit by shrinking expenses are finding costs don’t always stay cut.
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Credit Suisse Group AG is deploying investment bankers to woo African entrepreneurs as the second- biggest Swiss bank tries to build its wealth-management business on the continent.
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American International Group Inc. Chief Executive Officer Robert Benmosche and four other senior managers received cash bonuses that exceeded their targets last year as the insurer’s results improved.
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China’s central bank blocked plans by Tencent Holdings Ltd. and an affiliate of Alibaba Group Holding Ltd. to offer virtual credit cards, a person with knowledge of the matter said, as the government moves to tighten restrictions ...
