Jan 20, MEXICO CITY/ CARACAS- Venezuelan President Nicolas Maduro on Friday asked central bank head Nelson Merentes to step down, two sources close to the matter told Reuters. Venezuela's central bank and Information Ministry did not immediately respond to a request for comment. Long seen as a pragmatic figure, Merentes, who completed a PhD. in mathematics in...
Jan 20, CARACAS- Venezuelan President Nicolas Maduro has asked central bank head Nelson Merentes to step down, a source linked to the government and a source close to the central bank said on Friday night.
Because Snap is one of the only major IPOs in the pipeline, bankers are "struggling to generate fees," the Wall Street Journal reported.
Financials may have pared back some of their gains, but all signs point to a positive outlook, former Wells Fargo CEO Dick Kovacevich said.
The JPMorgan Chase CEO said the 45th president's enthusiasm for economic development is encouraging.
The former U.S. Secretary of State Henry Kissinger has delivered a pragmatic solution for the U.K.'s decision to leave the EU.
President-elect Donald Trump must address the perception that President Barack Obama has withdrawn America from the world stage, said Henry Kissinger.
History suggests the stock market will give Trump a warm welcome to the presidency, but it will be up to him how long the honeymoon lasts.
The co-chairs of the World Economic Forum reflected on the progress of the week, at times defending the annual gathering from criticisms of elitism.
DAVOS, Switzerland, Jan 20- India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to $1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks. In an interview with Reuters on the sidelines of the World Economic Forum in Davos, Arundhati Bhattacharya also...
LONDON, Jan 20- HSBC has begun cutting around 100 senior jobs in its investment banking division worldwide this week, according to sources with direct knowledge of the matter. The latest round of cuts comes as HSBC bankers in its London headquarters face uncertainty as the lender prepares for expected disruption caused by Britain's exit from the European...
JPMorgan Chase directors paid Chief Executive Jamie Dimon $28 million in total compensation for 2016, a 4 percent bump from the prior year.
Former Clinton Treasury Secretary Larry Summers believes the functioning of markets in difficult circumstances still needed to be addressed.
The French electoral system could be the answer to preventing another populist politician leading one of the biggest economies.
Tensions may erupt between the Federal Reserve and Donald Trump, said the head of BlackRock, speaking at the World Economic Forum in Davos.
Banks pulling out of the U.K. would not impact Europe's financial stability, according to a top official at Germany's central bank.
Trump loomed large over the World Economic Forum, casting a shadow more imposing than any from the surrounding Swiss Alps.
The Turkish deputy prime minister denies that the country is in a currency crisis despite several interventions by the central bank.
Andreas Dombret, member of the executive board at Deutsche Bundesbank, discusses the relocation of the financial sector out of London due to Brexit uncertainty.
Concerns are mounting among emerging economies as to what extent their economies could be dented by Trump's policy agenda in the U.S.
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