5 December, 2014 by The TZ Newswire Staff Comments Off on Citi’s credit card business in Japan gets joint bid from three buyers: Nikkei
Citi’s credit card business in Japan gets joint bid from three buyers: Nikkei
Three companies have emerged to make a joint bid for Citigroup Inc’s credit card business in Japan, the Nikkei reported, as the U.S. lender goes ahead with plans to exit consumer banking in the country. …
5 December, 2014 by The TZ Newswire Staff Comments Off on JPMorgan’s Dimon says ‘no evidence of cancer’
JPMorgan’s Dimon says ‘no evidence of cancer’
JPMorgan Chase & Co Chief Executive Jamie Dimon said medical tests showed “no evidence of cancer in my body,” according to an internal memo seen by Reuters. Shares of the biggest U.S. bank by …
5 December, 2014 by The TZ Newswire Staff Comments Off on Former CEO of UTC questioned by directors on decreasing involvement: WSJ
Former CEO of UTC questioned by directors on decreasing involvement: WSJ
United Technologies Corp’s former Chief Executive Officer Louis Chenevert, who retired abruptly, made a trip to Taiwan two weeks before his retirement to check on the construction of his yacht, the Wall …
5 December, 2014 by The TZ Newswire Staff Comments Off on Wall Street’s fear gauge dips on upbeat jobs report
Wall Street’s fear gauge dips on upbeat jobs report
Wall Street’s fear gauge, the CBOE Volatility Index , dipped sharply on Friday after a surprisingly strong jobs report, and there was a surge in put activity in the index’s options. The VIX fell as much …
5 December, 2014 by The TZ Newswire Staff Comments Off on Morgan Stanley to defer less of employees’ future bonuses
Morgan Stanley to defer less of employees’ future bonuses
Morgan Stanley said on Friday it will pay more of its bonuses to employees upfront and defer less, because the bank is on a better financial footing and can move its pay practices more in line with those …
5 December, 2014 by The TZ Newswire Staff Comments Off on U.S. factory orders fall for third straight month
U.S. factory orders fall for third straight month
New orders for U.S. factory goods fell for a third straight month in October, pointing to a slowdown in manufacturing activity. The Commerce Department said on Friday new orders for manufactured goods …
