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Wells Fargo interim CEO faces hecklers’ shouts of ‘frauds’

Wells fargo reports quarterly earnings rise 13 percent

Bloomberg Wells Fargo & Co.’s critics stormed its annual meeting in Dallas, vowing to keep pressure on the bank even after the resignation of its chief executive officer. Investors, however, showed they’re ready to move on. Interim Chief Executive Officer C. Allen Parker was interrupted more than a dozen times as he tried to deliver opening remarks at the gathering, ...

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Credit Suisse ends string of losses in trading

Switzerland us banking business creditsuisse

Bloomberg Credit Suisse Group AG’s troubled trading business is finally bringing some much needed to relief to Chief Executive Officer Tidjane Thiam. The global markets unit — a focus of painful cuts and a perennial headache for the CEO — did better than top Wall Street banks in a period that rival UBS Group AG described as one of the ...

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UK kick-starts search for Carney successor at BOE

Uk kick starts search for carney successor at boe copy

Bloomberg The UK formally kick-started its search for Mark Carney’s successor as the governor of the Bank of England (BOE), a role that’s been linked to both senior people within the institution and ex-central bankers around the world. Canadian-born Carney was the first foreigner to run the BOE, and Chancellor of the Exchequer Philip Hammond has said he’s willing to ...

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