RBNZ Eases Restrictions on Banks Paying Dividends
The Reserve Bank of New Zealand said retail banks can resume paying dividends as the economy has had a stronger-than-expected rebound from the pandemic.
Deutsche Bank Reorganizes Risk and Compliance Functions
The move comes as chief risk officer Stuart Lewis prepares to leave the bank.
Moody's Fined for Ratings Linked to Berkshire Hathaway, Its Biggest Shareholder
Europe's top markets regulator fined credit-ratings firm Moody's $4 million for breaching rules designed to prevent conflicts of interest with its largest shareholder, Warren Buffett's Berkshire Hathaway.
Wells Fargo Plans to Bring Employees Back to the Office in September
The bank said in a memo that "We believe most of us benefit by being physically together."
Coinbase Hires Ex-SEC Director to Run Capital Markets Division
Brett Redfearn, previously in charge of trading and markets at the SEC, will run a unit that includes Coinbase's exchange operations as the crytocurrency company prepares to go public.
Archegos Blowout Heaps Pressure on Credit Suisse
Shareholders in the Swiss bank run by CEO Thomas Gottstein are bracing for a multibillion-dollar hit from a fire sale of positions held by hedge fund Archegos.
China's Big Banks Eked Out Higher Profits in Turbulent 2020
China's four largest banks reported that annual net profit rose between 1.2% to 2.9%.
Broadridge CFO Looks to Reduce Debt After $2.5 Billion Deal
Broadridge Financial Solutions' finance chief is working to reduce the company's debt levels, which are set to rise following a deal to acquire Swedish technology firm Itiviti Holding.
U.S. Companies Resist Activist Investor's Climate Campaign
A billionaire British hedge-fund manager's campaign to make large public companies set near-term targets for carbon-emission cuts is encountering challenges.
JPMorgan, Salesforce Join Growing List of Firms Dumping Office Space
Major companies are looking to unload big blocks of office space, the latest sign that remote work is hurting demand for this pillar of commercial real estate.
(END) Dow Jones Newswires
03-31-21 0015ET
