Recent Posts

Banking regulator reports major breach of confidential data

  Bloomberg A former supervisor working for the Office of the Comptroller of the Currency (OCC) downloaded confidential information on portable computer storage devices that haven’t yet been recovered, the agency said in a statement. Before retirement, the employee downloaded “more than 10,000 records” about the regulator’s activities and some personal information about staff members, the OCC said. The November ...

Read More »

MUFG begins Americas plane-finance unit

  Bloomberg Mitsubishi UFJ Financial Group Inc., Japan’s largest bank, is expanding its aviation finance business into the Americas and hired Olivier Trauchessec to lead the push. Trauchessec, who previously worked at BNP Paribas SA, will report to Lance Markowitz, head of leasing and asset finance in the Americas, the bank said in a statement. “The addition of a New ...

Read More »

BNP posts €1.89bn net profit in Q3

  Bloomberg BNP Paribas SA, France’s largest lender, reported third-quarter profit that beat analysts’ estimates as it benefited from a surge in fixed-income trading that has lifted bank earnings in Europe and the U.S. Net income rose 3.3 percent to 1.89 billion euros ($2.06 billion) from 1.83 billion euros a year earlier, the Paris-based bank said. That compares with the ...

Read More »
Send this to a friend