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businessNews reuters.com

Toshiba board to meet Wednesday, weigh offers for chip unit: source

TOKYO (Reuters) - Toshiba Corp's board will meet on Wednesday to consider offers for its chip unit from Western Digital and Taiwan's Foxconn in addition to a bid from a consortium that was previously favorite, a source familiar with the matter said. Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt U.S. nuclear business Westinghouse.

entertainmentNews reuters.com

British TV personality Edmonds demands $392 million compensation for Lloyds HBOS' unit fraud

LONDON (Reuters) - British TV presenter and former disc jockey Noel Edmonds has more than quadrupled the damages he is seeking from Lloyds Banking Group to 300 million pounds ($392 million) as he steps up a 12-year demand for compensation.

companyNews reuters.com

BRIEF-Capital City Bank Group reports second quarter 2017 results

* Capital City Bank Group Inc reports second quarter 2017 results

politicsNews reuters.com

Russian banker who met Trump son-in-law not acting on our orders: Kremlin

MOSCOW (Reuters) - A senior Russian banker who met President Donald Trump's son-in-law, Jared Kushner, did not do so on the Kremlin's orders, a spokesman for Russian President Vladimir Putin said on Tuesday.

companyNews reuters.com

MOVES-Credit Suisse appoints senior adviser to German IBCM coverage team

July 25 (Reuters) - Credit Suisse Group AG appointed Wolfgang Dehen as a senior adviser to the German investment banking and capital markets (IBCM) coverage team.

companyNews reuters.com

Jefferies, BlueStar Indexes form Israeli market alliance

TEL AVIV, July 25 (Reuters) - Investment bank Jefferies LLC said on Tuesday it has entered into an alliance with BlueStar Indexes to distribute to its institutional and wealth management clients co-branded BlueStar market commentary on Israel's capital markets.

businessNews reuters.com

China's HNA taps Goldman for planned Pactera U.S. IPO: sources

HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking conglomerate, has tapped investment bank Goldman Sachs to list Pactera, the Beijing-based IT outsourcing firm it bought from private equity firm Blackstone, sources familiar with the matter said.

companyNews reuters.com

China's HNA taps Goldman for planned Pactera U.S. IPO - sources

HONG KONG, July 25 (Reuters) - HNA Group, the Chinese airline-to-banking conglomerate, has tapped investment bank Goldman Sachs to list Pactera, the Beijing-based IT outsourcing firm it bought from private equity firm Blackstone, sources familiar with the matter said.

PersonalFinance reuters.com

Japan's Mizuho chooses Frankfurt for post-Brexit EU hub

TOKYO (Reuters) - Japan's Mizuho Financial Group said it would set up a subsidiary in Frankfurt, the latest Japanese bank to choose the German city as its new base in the European Union as Britain...

companyNews reuters.com

European stocks spring higher on reviving reflation trade

LONDON, July 25 (Reuters) - Strength among commodity firms and banking stocks as well as a string of solid updates boosted European shares in early deals on Tuesday.

businessNews reuters.com

Citigroup hosts investors for first time since the financial crisis

NEW YORK (Reuters) - For the first time since receiving three government bailouts during the 2007-2009 financial crisis, Citigroup Inc on Tuesday is holding a day-long conference for investors, marking another step in the recovery of what was once the biggest U.S. bank.

companyNews reuters.com

BRIEF-Softbank seeks multibillion-dollar stake in Uber- WSJ, citing sources

* Softbank seeks multibillion-dollar stake in Uber- WSJ, citing sources Source text : http://on.wsj.com/2gYLzhr Further company coverage:

companyNews reuters.com

African Markets - Factors to watch on July 25

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - EVENTS: Nigeria's central bank announces its decision on interest rates. GLOBAL MARKETS The dollar held above a 13-month low on Tuesday after readings on U.S. factory and services activity beat expectations ahead of the start of a Federal Reserve meeting later in the day, but Asian stocks were subdued with few ca

companyNews reuters.com

RPT-Citigroup hosts investors for first time since the financial crisis

NEW YORK, July 25 (Reuters) - For the first time since receiving three government bailouts during the 2007-2009 financial crisis, Citigroup Inc on Tuesday is holding a day-long conference for investors, marking another step in the recovery of what was once the biggest U.S. bank.

cnn.com

'A Better Deal' is more of the same from Dems

Democrats would like voters to believe the party's slogan for its new economic agenda rolled out Monday, "A Better Deal," describes a program aimed at fighting for regular people -- even though it mostly rings like a sales pitch for a discounted item at a shopping mall. Worse, the specifics of the strategy are a path to more electoral failure, because "A Better Deal" embraces falsehoods about economic power while leaving a bankrupt system unchallenged.

companyNews reuters.com

BRIEF-First Bank reports Q2 earnings per share $0.15

* First Bank reports second quarter 2017 net income of $2.0 million, an increase of 38% from 2016

PersonalFinance reuters.com

Wells Fargo asks court to require client information be returned

NEW YORK (Reuters) - Wells Fargo & Co has asked judges in New York and New Jersey to require a lawyer representing a former employee to immediately return reams of client information the bank...

companyNews reuters.com

UPDATE 1-Wells Fargo asks court to require client information be returned

NEW YORK, July 24 (Reuters) - Wells Fargo & Co has asked judges in New York and New Jersey to require a lawyer representing a former employee to immediately return reams of client information the bank mistakenly sent to the attorney, a bank spokeswoman said on Monday.

companyNews reuters.com

BRIEF-New Resource Bank reports Q2 earnings per share $0.07

* New Resource Bank reports profits increase in Q2 2017; earnings grow 28% quarter-over-quarter and 49% year-over-year

companyNews reuters.com

BRIEF-Wells Fargo announces Don Hayes as head of business banking for new Ohio & Western Pennsylvania region

* Wells Fargo announces Don Hayes as head of business banking for new Ohio & Western Pennsylvania region

companyNews reuters.com

BRIEF-Summit State Bank reports net income for Q2 2017

* Summit state bank reports net income for second quarter 2017 and declaration of dividend

companyNews reuters.com

MOVES-Citi names UBS exec as head of EMEA diversified industrials

July 24 (Reuters) - Citigroup Inc named Heiko Horn as the head of diversified industrials within the industrials group for Europe, Middle East and Africa (EMEA) and as the head of investment banking for Switzerland, an internal memo showed.

oddlyEnoughNews reuters.com

In nod to Hollywood, Italian bank robbers don Trump masks for heists

ROME (Reuters) - Italian police said on Monday they had arrested two brothers suspected of robbing dozens of cash machines while wearing masks of U.S. President Donald Trump.

companyNews reuters.com

CANADA STOCKS-TSX dragged lower by banks, energy shares stem decline

OTTAWA, July 24 (Reuters) - Canada's main stock index fell broadly on Monday, dragged lower by declines in shares of the country's biggest banks, as well as a retreat in gold miners and retailers.

companyNews reuters.com

MIDEAST STOCKS-Banks push Qatar higher, Mobily's loss dampens Saudi

DUBAI, July 24 (Reuters) - Banks pushed Qatar's stock market higher on Monday while Saudi Arabia's market edged down as telecommunications firm Mobily plunged in the wake of a bigger-than-expected quarterly loss.

companyNews reuters.com

CANADA STOCKS-TSX falls in broad retreat led by big banks

TORONTO, July 24 (Reuters) - Canada's main stock index opened lower on Monday, hurt by slips for some of its biggest banks and gold miners and a broad retreat in consumer names.

environmentNews reuters.com

Myanmar floods kill two, displace tens of thousands

YANGON (Reuters) - Flooding across large parts of Myanmar has displaced more than 100,000 people, causing two deaths, while dramatic riverbank erosion has washed away a Buddhist pagoda, officials, residents and state media said on Monday.

businessNews reuters.com

European banks struggle to solve toxic shipping debt problem

LONDON (Reuters) - Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long slump in the shipping industry. But it is not an easy time for the lenders either.

companyNews reuters.com

Malaysia's CIMB to partner Alipay for mobile payment platform

KUALA LUMPUR, July 24 (Reuters) - CIMB Group Holdings Bhd , Malaysia's second-biggest bank, on Monday said its subsidiary will form an equity joint venture with Ant Financial Services Group, the parent of Alipay, to provide mobile wallet and related financial services.

technologyNews reuters.com

Grab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others

SINGAPORE (Reuters) - Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, said it expects to raise $2.5 billion in its latest financing round that will help bolster its leading position in the region and grow its payments platform.

topNews reuters.com

Asian shares slip as risk appetite ebbs, dollar sulks

SINGAPORE (Reuters) - Asian stocks slipped on Monday as demand for riskier assets ebbed after their recent strong gains, while the European Central Bank's apparent equanimity at the euro's two-year highs left the dollar languishing.

businessNews reuters.com

Ebbing risk appetite grounds Asian stocks, dollar sulks as euro strengthens

SINGAPORE (Reuters) - Asian stocks slipped on Monday as demand for riskier assets ebbed after recent strong gains, while the euro's near-two-year high on the European Central Bank's seeming lack of concern about its strength left the dollar languishing near a 13-month low.

businessNews reuters.com

China's debt specter could haunt Fed's policy meetings

HONG KONG (Reuters) - In September 2015, the U.S. Federal Reserve cited risks from China as a key reason for delaying its first interest rate hike in a decade. A wall of Chinese debt maturing in the next few years could jolt the country back into the U.S. central bank's policy deliberations.

companyNews reuters.com

Record number of advisers quit London's AIM market, study finds

LONDON, July 24 (Reuters) - Companies leaving London's junior stock market because a broker or investment bank has quit as their adviser has hit a record this year, an accountancy firm specialising in the sector said.

businessNews reuters.com

Spain looks at selling more of Bankia, economy minister says

BARCELONA, Spain (Reuters) - Spain will explore the possibility of selling a further stake in state-owned Bankia later this year, Economy Minister Luis de Guindos said in an interview with Spanish newspaper ABC on Sunday.

cnn.com

Calls for UN meeting as clashes continue in Jerusalem and West Bank

Clashes between Palestinian protesters and Israeli security forces broke out again across Jerusalem and the West Bank on Saturday, with the mood tremendously intense around Jerusalem's Old City.

worldNews reuters.com

Israel raids home of Palestinian attacker in West Bank

JERUSALEM (Reuters) - Israel sent extra troops into the occupied West Bank on Saturday and raided the home of the Palestinian attacker who stabbed to death three Israelis on Friday, the military said.

businessNews reuters.com

World Bank orders Argentina to pay $320 million over seized airline: newspaper

BUENOS AIRES (Reuters) - The World Bank's arbitration tribunal has ordered Argentina to pay $320 million plus interest and legal fees to Spanish travel group Marsans for expropriating its airline Aerolineas Argentinas SA in 2008, a local newspaper reported on Saturday.

companyNews reuters.com

UPDATE 1-Brazil's Triunfo clinches $673 mln restructuring with banks

BOGOTA, July 22 (Reuters) - TPI Triunfo Participações & Investimentos SA and a pool of about 20 banks have agreed on terms to restructure 2.113 billion real ($672.6 million) of debt, giving the Brazilian infrastructure firm a lifeline to finalize projects and downsize gradually.

topNews reuters.com

Israeli forces raid home of Palestinian attacker, arrest brother

JERUSALEM (Reuters) - Israeli security forces on Saturday raided the home of the Palestinian attacker who stabbed to death three Israelis and restricted movement for Palestinians from his West Bank village, the military said.

businessNews reuters.com

Deutsche Bank, JPMorgan to pay $148 million to end yen Libor cases in U.S.

NEW YORK (Reuters) - Deutsche Bank AG and JPMorgan Chase & Co have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.

companyNews reuters.com

Deutsche Bank, JPMorgan to pay $148 mln to end yen Libor cases in U.S.

NEW YORK, July 21 (Reuters) - Deutsche Bank AG and JPMorgan Chase & Co have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.

Wells Fargo & Company nytimes.com

Wells Fargo Accidentally Releases Trove of Data on Wealthy Clients

A plaintiff suing an employee of Wells Fargo Advisors was sent a CD containing thousands of sensitive client records — which came from a lawyer for the bank.

companyNews reuters.com

BRIEF-First Savings Financial Group,First National Bank of Odon sign acquisition agreement

* First Savings Financial Group Inc and the First National Bank of Odon sign definitive acquisition agreement

companyNews reuters.com

BRIEF-TrustCo Bank Corp Q2 earnings per share $0.127

* TrustCo announces 17% increase in second quarter 2017 earnings

companyNews reuters.com

UPDATE 1-Wells Fargo ordered to pay $575,000, reinstate whistleblower

July 21 (Reuters) - The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and to rehire a whistleblower the bank had dismissed in September 2011 after the former employee raised concerns over the opening of customer accounts without their knowledge, the agency said in a statement.

companyNews reuters.com

UPDATE 2-UK's Hammond told Goldman Sachs he wants long Brexit transition -source

LONDON, July 21 (Reuters) - British finance minister Philip Hammond told the board of U.S. investment bank Goldman Sachs that he was pushing for a lengthy transition period after Britain leaves the European Union, a source familiar with the talks said.

companyNews reuters.com

Wells Fargo ordered to pay $575,000, reinstate whistleblower

July 21 (Reuters) - The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and rehire a whistleblower the bank dismissed in September 2011 after the former employee raised concerns over the opening of customer accounts without their knowledge, the agency said in a statement.

PersonalFinance reuters.com

Digital wealth manager Flynt gets Swiss banking license

ZURICH (Reuters) - Digital wealth management start-up Flynt has received a banking license from Swiss finance watchdog FINMA, it said on Friday, representing a first for a Swiss financial technology...

companyNews reuters.com

BRIEF-Bank of Commerce Holdings reports Q2 earnings per share $0.15

* Net interest income increased $958,000 to $10.2 million for Q2 of 2017 Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-French banks pledge 1,000 post-Brexit jobs in Paris

PARIS, July 21 (Reuters) - French bankers pledged to create 1,000 jobs in Paris as part of a plan to shift their operations out of London once Britain leaves the European Union, following a meeting with France's finance minister, Bruno Le Maire.

companyNews reuters.com

Carlyle affiliate to buy 26 pct in State Bank of India credit cards JVs

July 21 (Reuters) - An affiliate of buyout firm Carlyle will buy a 26 percent stake in each of two credit card joint ventures of State Bank of India, the top Indian lender said on Friday.

businessNews reuters.com

Bank of America picks Dublin as EU hub post Brexit

LONDON (Reuters) - Bank of America has become the first Wall Street bank to pick Dublin to be its new base for its European Union operations as Britain prepares to leave the bloc, the firm said in a statement on Friday.

companyNews reuters.com

Biggest active fund inflows in years, as bullish indicator climbs higher - BAML

LONDON, July 21 (Reuters) - Active fund managers enjoyed a slight respite from the relentless rise of passive index-tracking this week, with the biggest inflow to active equity funds in two and a half years, Bank of America Merrill Lynch strategists found on Friday.

businessNews reuters.com

French banks could create 1,000 jobs in Paris post-Brexit: lobby

PARIS (Reuters) - French banks could shift about 1,000 jobs currently based in London to Paris to keep staff in the European Union after Britain exits the EU, said the French Banking Federation.

companyNews reuters.com

European shares edge down as euro continues to weigh, earnings in focus

LONDON, July 21 (Reuters) - European shares edged down on Friday as a fresh flow of corporate earnings failed to change the mood of the previous session, dragged down by the European Central Bank's policy meeting, which pushed the euro close to a two-year high.

companyNews reuters.com

African Markets - Factors to watch on July 21

NAIROBI, July 21 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - GLOBAL MARKETS The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn, while a solid global economic outlook kept Asian share prices near decade highs.

companyNews reuters.com

BRIEF-US Dataworks says sold its business assets to unit of Bankers Bancorp Of Oklahoma

* US Dataworks Inc says as part of its chapter 11 plan, company sold its business assets to a subsidiary of Bankers Bancorp Of Oklahoma, Inc Source text for Eikon: Further company coverage:

businessNews reuters.com

Euro at two-year high, Asian shares barely budge

TOKYO (Reuters) - The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn, while a solid global economic outlook kept Asian share prices near decade highs.

companyNews reuters.com

GLOBAL MARKETS-Euro at 2-year high, Asian shares barely budge

TOKYO, July 21 (Reuters) - The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn, while a solid global economic outlook kept Asian share prices near decade highs.

companyNews reuters.com

UPDATE 1-Mexico's Elektra posts second-quarter profit after year-ago loss

MEXICO CITY, July 20 (Reuters) - Mexican retail and banking company Grupo Elektra on Thursday reported a net profit of 7.1 billion pesos ($393.4 million) in the second quarter, boosted by higher sales, an improved loan portfolio and a big payoff from derivative bets.

companyNews reuters.com

Mexico's Elektra posts second-quarter profit after year-ago loss

MEXICO CITY, July 20 (Reuters) - Mexican retail and banking company Grupo Elektra on Thursday reported a net profit of 7.1 billion pesos ($393.4 million) in the second quarter, boosted by higher sales and an improved loan portfolio.

companyNews reuters.com

BRIEF-Washingtonfirst Bankshares Q2 core earnings per share $0.42

* Washingtonfirst Bankshares Inc reports 21% increase in net income and 29% increase in core net income for the second quarter 2017

companyNews reuters.com

BRIEF-Iberiabank Corporation Q2 earnings per share $0.99

* Q2 earnings per share view $1.12 -- Thomson Reuters I/B/E/S

companyNews reuters.com

UPDATE 1-Mexico's Banorte 2nd-qtr net profit jumps 23 pct on broad growth

MEXICO CITY, July 20 (Reuters) - Mexico's Grupo Financiero Banorte, one of the country's largest banks by assets, on Thursday reported a 23 percent rise in second-quarter net profit, propelled by growth across its divisions.

companyNews reuters.com

Mexico's Banorte reports 23 pct rise in 2nd-qtr net profit

MEXICO CITY, July 20 (Reuters) - Mexico's Grupo Financiero Banorte, one of the country's largest banks by assets, on Thursday reported a 23 percent rise in second-quarter net profit.

companyNews reuters.com

BRIEF-American National Bankshares Q2 earnings per share $0.49

* American National Bankshares Inc reports second quarter 2017 earnings

PersonalFinance reuters.com

U.S. rule on class-action suits against banks under fire in Congress

WASHINGTON (Reuters) - Republicans in the U.S. Congress are moving quickly to try to eliminate a new regulation that bars financial firms from forcing consumers into arbitration to settle disputes...

businessNews reuters.com

Citigroup, Deutsche Bank beef up Frankfurt presence in Brexit response

LONDON/FRANKFURT (Reuters) - Two global banks, Citigroup and Deutsche Bank , are beefing up their presence in Frankfurt to deal with the impact of Britain leaving the European Union.

companyNews reuters.com

UPDATE 2-Citigroup, Deutsche Bank beef up Frankfurt presence in Brexit response

LONDON/FRANKFURT, July 20 (Reuters) - Two global banks, Citigroup and Deutsche Bank, are beefing up their presence in Frankfurt to deal with the impact of Britain leaving the European Union.

companyNews reuters.com

Two Nigerian banks say do not owe government money

LAGOS, July 20 (Reuters) - Nigeria's United Bank for Africa said it has paid the government all the money due to it, its spokesman said on Thursday.

companyNews reuters.com

No model for sale of Cedae set with BNDES, Rio governor says

SAO PAULO, July 20 (Reuters) - There is no model for the sale of Rio de Janeiro state's water and sewage utility Cia Estadual de Águas e Esgotos SA defined with state development bank BNDES, Rio Governor Luiz Fernando Pezão said on Thursday.

businessNews reuters.com

Banks hope to keep staff in London if soft Brexit deal struck

LONDON (Reuters) - Banks which are shifting operations to avoid disruption once Britain leaves the European Union hope only a handful of people will eventually have to leave London, industry sources say.

technologyNews reuters.com

PayPal to partner with JPMorgan

(Reuters) - PayPal Inc said on Thursday it would partner with JPMorgan Chase & Co , allowing the bank's customers to link their Chase Pay and PayPal accounts.

companyNews reuters.com

UPDATE 2-KeyCorp's 2017 loan forecast casts cloud over profit beat

July 20 (Reuters) - U.S. regional bank KeyCorp said it expects average loans at the end of 2017 to be at the low end of its previous forecast, sending shares down as much as 4.7 percent.

companyNews reuters.com

BRIEF-American River Bankshares Q2 earnings per share $0.20

* American River Bankshares reports second quarter 2017 results

companyNews reuters.com

Citigroup says may need to create 150 jobs in EU due to Brexit

LONDON, July 20 (Reuters) - U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt.

businessNews reuters.com

Exclusive: U.S. bank card companies to seek licenses to operate in China in months

HONG KONG (Reuters) - U.S.-based payment card companies, including American Express , MasterCard and Visa , are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter.

companyNews reuters.com

KeyCorp's 2nd-qtr profit more than doubles

July 20 (Reuters) - U.S. regional bank KeyCorp's profit more than doubled in the second quarter as total interest income rose 63.3 percent.

companyNews reuters.com

European shares ride global equity wave, ECB policy meeting eyed

LONDON, July 20 (Reuters) - European shares extended their gains in early deals on Thursday, lifted by buoyant global markets, hours ahead of a highly anticipated policy meeting at the European central bank.

companyNews reuters.com

Nikkei rides global rally but banks underperform

TOKYO, July 20 (Reuters) - Japanese stocks rose on Thursday, with investor sentiment staying bright after record highs on Wall Street.

businessNews reuters.com

Goldman's rotten trading quarter is a familiar smell on Wall Street

(Reuters) - Big Wall Street banks have spent billions of dollars and untold man-hours in recent years transforming their trading desks from hedge-fund like operations trading on their own account into market-making businesses offering a price based on what customers want to buy or sell.

businessNews reuters.com

BOJ keeps policy steady, pushes back timing to hit price target

TOKYO (Reuters) - The Bank of Japan kept monetary policy steady and pushed back again the timing for achieving its 2 percent inflation target on Thursday, reinforcing expectations it will lag well behind major global central banks in dialing back its massive stimulus program.

companyNews reuters.com

UPDATE 1-Ex-Credit Suisse banker pleads guilty in U.S. offshore tax case

July 19 (Reuters) - A former Credit Suisse Group AG banker from Switzerland pleaded guilty on Wednesday to participating in a wide-ranging scheme to help Americans hide millions of dollars in offshore accounts to evade U.S. taxes.

businessNews reuters.com

Asia stocks hit 9-1/2-year high, markets await BOJ, ECB meetings

SINGAPORE (Reuters) - Asian shares scaled near-decade peak on Thursday, bolstered by a surge in global stocks to a record high on strong U.S. corporate earnings, while investors awaited the Japanese and European central bank meetings for clues on their policy outlooks.

domesticNews reuters.com

Former Credit Suisse banker pleads guilty to U.S. fraud charges

WASHINGTON (Reuters) - A Swiss citizen pleaded guilty on Wednesday to conspiring to help U.S. taxpayers evade taxes from 2002 through 2011 while she headed a team of bankers in Zurich for Credit Suisse AG , the U.S. Justice Department said in a statement.

Russian Interference in 2016 US Elections and Ties to Trump Associates nytimes.com

Big German Bank, Key to Trump’s Finances, Faces New Scrutiny

Regulators are reviewing loans from Deutsche Bank, which is also expecting to have to share information with the authorities investigating campaign ties to Russia.

companyNews reuters.com

BRIEF-Farmers Capital Bank's Q2 earnings per share $0.60

* Farmers Capital Bank Corporation announces second quarter earnings

companyNews reuters.com

CORRECTED-U.S. hotels bank on loyalty programs in push for direct booking

July 18 (Reuters) - Hotel loyalty programs have helped U.S. chains such as Hyatt, Hilton and Marriott score more bookings on their own websites, luring customers from online travel agents that had seen commissions balloon to an estimated $3.5 billion a year.

topNews reuters.com

AmEx profit dips as it splurges on customer rewards

(Reuters) - American Express Co's profit declined 33 percent in the second quarter, hurt partly by higher expenses, as the card company spent heavily on rewards to woo customers amid intense competition from big U.S. banks.

companyNews reuters.com

UPDATE 2-AmEx profit dips as it splurges on customer rewards

July 19 (Reuters) - American Express Co's profit declined 33 percent in the second quarter, hurt partly by higher expenses, as the card company spent heavily on rewards to woo customers amid intense competition from big U.S. banks.

cnn.com

Eighth person in Trump team meeting linked to money laundering investigation

A Government Accountability Office report published in 2000 details how companies in the US set up bank accounts that came under investigation for money laundering -- and it involved Ike Kaveladze, the eighth person who has now been identified as attending the June 9, 2016 meeting that Donald Trump Jr., his brother-in-law Jared Kushner and then-Trump campaign chairman Paul Manafort had with a Russian lawyer.

companyNews reuters.com

BRIEF-Union Bankshares reports Q2 earnings per share $0.50

* Union Bankshares announces second quarter ended June 30, 2017 earnings and quarterly dividend payment

companyNews reuters.com

Brain raises $114 mln in funding, led by SoftBank Vision Fund

July 19 (Reuters) - Brain Corp, which develops technology used in robots, said on Wednesday it raised $114 million in Series C funding, led by SoftBank Vision Fund.

technologyNews reuters.com

RadioShack brand to survive under new owner: sources

(Reuters) - The RadioShack brand will live on after a family office already owed $23 million by the bankrupt U.S. electronics chain agreed to assume ownership of it, as no other buyers submitted better bids this week, people familiar with the matter said.

companyNews reuters.com

RadioShack brand to survive under new owner -sources

July 19 (Reuters) - The RadioShack brand will live on after a family office already owed $23 million by the bankrupt U.S. electronics chain agreed to assume ownership of it, as no other buyers submitted better bids this week, people familiar with the matter said.

PersonalFinance reuters.com

New banking regulator defends agency effort to regulate fintech

WASHINGTON (Reuters) - The new head of a U.S. banking regulatory agency on Wednesday defended his predecessor's efforts to explore granting special federal charters to startup online lenders.

businessNews reuters.com

Morgan Stanley chooses Frankfurt as EU hub post Brexit: source

FRANKFURT/LONDON (Reuters) - Morgan Stanley has chosen Frankfurt to be a new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the German city.

companyNews reuters.com

UPDATE 1-Morgan Stanley chooses Frankfurt as EU hub post Brexit - source

FRANKFURT/LONDON, July 19 (Reuters) - Morgan Stanley has chosen Frankfurt to be a new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the German city.

companyNews reuters.com

BRIEF-Elmira Savings Bank Q2 earnings per share $0.28

* Qtrly net interest income $4.2 million versus $4.1 million Source text for Eikon: Further company coverage: