The FINANCIAL

MasterCard 1Q Profits Rise 17 Percent

The FINANCIAL -- MasterCard Incorporated on April 29 announced financial results for the first quarter of 2015. The company reported net income of $1.0 billion, an increase of 17% or 24% adjusted for currency, and earnings per diluted share of $0.89, up 22% or 29% adjusted for currency, in each case versus the year-ago ...

Digital platforms will impact the entire ecosystem of the banking industry

The FINANCIAL -- Digital intervention is a reality in today’s banking business and banks need to adapt and respond to this change to stay ahead of competition. The digital foreground has presented ...

Parents, Great Recession Influence Millennial Money Views and Habits

The FINANCIAL -- Millennials’ financial views and habits have been most influenced by their parents, but the Great Recession has also had lasting impacts on how millennials think about money, ...

Export-Import Bank Names Droplet Measurement Technologies as Small Business Exporter of the Year

The FINANCIAL -- On April 21, the Export-Import Bank of the United States (Ex-Im Bank), announced that Droplet Measurement Technologies (DMT), a Boulder, Colorado small business that manufactures ...

Deutsche Bank to Pay Record $2.5 Billion to Resolve Libor

The FINANCIAL -- Deutsche Bank announced on April 23 that it has reached a joint settlement with US and UK regulators over all of their remaining investigations into past submissions for interbank ...

Chevron and JPMorgan Chase Sign Multi-Year Agreement

The FINANCIAL -- Chevron U.S.A. Inc., announced on April 21 that it has signed a multi-year agreement with Chase Commerce Solutions, the global payment processing, merchant acquiring business of ...

EBRD welcomes closing of Citadele bank privatisation agreement

The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) welcomes the closing of the agreement to privatise Latvia’s Citadele ...

MasterCard Announces Acquisition of Applied Predictive Technologies

The FINANCIAL -- MasterCard on April 27 announced that it has entered into an agreement to acquire Applied Predictive Technologies (APT) for $600 million, subject to customary purchase price ...

Wells Fargo Donates $1 million to The First Tee

The FINANCIAL -- Wells Fargo on April 27 announced a $1 million donation over the next five years to The First Tee, becoming a Trustee of the youth development organization that builds character ...

North American Consumers Overwhelmingly Trust Banks to Securely Manage Their Personal Data

The FINANCIAL -- Bank customers in North America overwhelmingly trust their banks far more than all other institutions to securely manage their personal data, according to a new report on the banking ...

Deutsche Bank reports first quarter 2015 net income of EUR 559 million

The FINANCIAL -- Deutsche Bank on April 26 reported results for 1Q2015. Group net revenues rose 24% from the prior year, to EUR 10.4 billion with noninterest expenses 34% higher at EUR 8.7 billion. ...

Financial integration in Europe rebounds, ECB report finds

The FINANCIAL -- Overall, financial integration in Europe has returned to a level close to that recorded before the sovereign debt crisis, the European Central Bank (ECB) said on April 27 in a new ...

Deutsche Bank announces next phase of strategy

The FINANCIAL -- Deutsche Bank on April 26 announced the next phase of its strategy, covering the period through to 2020. The Bank’s announcement covers key strategic decisions, division-specific ...

Morgan Stanley Infrastructure Announces Sale of Madrileña Red de Gas

The FINANCIAL -- Morgan Stanley Infrastructure, the dedicated infrastructure investing platform of Morgan Stanley, announced today that it has agreed to sell, together with co-shareholders, 100% of ...

BTMU Opens Yangon Branch, Myanmar

The FINANCIAL -- The Bank of Tokyo-Mitsubishi UFJ, Ltd. opened its first branch in Yangon, the Republic of the Union of Myanmar (Myanmar) and commenced operations on April 22, ...

ADB Awards Partner Banks for Promoting Trade in Developing Asia

The FINANCIAL -- The Asian Development Bank (ADB) held its first annual Trade Finance Program (TFP) awards ceremony, with 12 partner banks recognized for their role in supporting trade in the ...

a £16 billion untapped opportunity for the UK Hospitality and Leisure sector

The FINANCIAL -- New research released on April 22 by Barclays shows that the over 65s added £37 billion to the UK economy through spending on the Hospitality & Leisure sector in the last year. ...

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MasterCard 1Q Profits Rise 17 Percent

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Digital platforms will impact the entire ecosystem of the banking industry

Parents, Great Recession Influence Millennial Money Views and Habits

Export-Import Bank Names Droplet Measurement Technologies as Small Business Exporter of the Year

Deutsche Bank to Pay Record $2.5 Billion to Resolve Libor

Chevron and JPMorgan Chase Sign Multi-Year Agreement

EBRD welcomes closing of Citadele bank privatisation agreement

MasterCard Announces Acquisition of Applied Predictive Technologies

Wells Fargo Donates $1 million to The First Tee

North American Consumers Overwhelmingly Trust Banks to Securely Manage Their Personal Data

Deutsche Bank reports first quarter 2015 net income of EUR 559 million

Financial integration in Europe rebounds, ECB report finds

Deutsche Bank announces next phase of strategy

Morgan Stanley Infrastructure Announces Sale of Madrileña Red de Gas

BTMU Opens Yangon Branch, Myanmar

ADB Awards Partner Banks for Promoting Trade in Developing Asia

a £16 billion untapped opportunity for the UK Hospitality and Leisure sector

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