Last week he was the new CEO of a major Wall Street bank. Currently, the possibility of a huge bank merger is suspected.
As first reported by Inside Paradeplatz, UBS Group and Credit Suisse Group AG are reportedly exploring merger ideas.
In particular, UBS Chairman Axel Weber is reportedly leading a possible contract, with a possible agreement in early 2021.
If you’re not already a subscriber, sign up here to get daily stories that dominate banking, business, and large-scale transactions.
Do you like newsletters? Do you hate newsletters? Feel free to contact us at [email protected] or Twitter @DanDeFrancesco.
Citigroup CEO Michael Corbat will speak at an event at the European Financial Forum in Dublin, Ireland, on February 13, 2019. Reuters / Cloder Kill Coin Cloder Kill Coin / Reuters
The big news last week was that Citi CEO Michael Cobat retired in February 2021 and handed over the reins to bank president Jane Fraser.
Dakin Campbell faces the inside story leading up to the announcement, especially the pressure from regulators to put Citi’s risk, compliance, and technology systems under control.
As always, Dakin gathered a lot of information about this and discussed with seven insiders how the whole thing collapsed.
Click here to read the full text.
Chris Brit Chime CEO Chime
When it comes to investing in FinTech, the rich are getting richer and richer. Callum Burroughs and I are scooping at digital bank Chime and are approaching a mega-round funding that can value a $ 15 billion company, more than double the price we got nine months ago. Click here for more information.
Afterpay offers BNPL online in partnership with popular brands such as Boohoo. Caroline McCredie / Getty Images
Buy now and pay later, and this year the world of payments has expanded dramatically. Shannen Balogh planned all the big news that happened in the last six months and looked at what the red-hot space could expect next. Check out the story here.
Cameron Wadley Bank of America
Not as exciting or sexy as innovation centers and technology hubs, patents have proven to be a successful way to drive change at Bank of America. We talked to two executives who made the strategy.
Mark Mason is CFO of Citi. Shannon Stapleton / Reuters
Citi’s CFO, Mark Mason, talked about the bank’s accelerating investment following a $ 900 million wire transfer that was mistakenly sent. Reed Alexander covered Mason’s comment, including what executives said banks would look to recognize savings.
Jonathan Moore / Getty Images
Summarize today’s coverage of Citi and read a note from Citi CEO Michael Corbat sent to employees last month by Dakin Campbell about the importance of risk control. Click here to read the full text.
Astronomers have discovered a gas in the clouds of Venus that signals the life of an alien (insider)
Work-at-home staff loses productivity at JPMorgan (Bloomberg)
Steve Cohen signs record deal to buy Mets (NY Post)
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]