Anonymous sources
Bobsguide (press release)
Sources: China to boost investment quota to $100bn - Bobsguide (press release)
That is according to sources close to the China Securities Regulatory Commission (CSRC) and the People's Bank of China (PBOC), who have told Reuters that Beijing officials are willing to take measures to loosen the nation's capital account.
HSBC to offload card business in the US? - Bobsguide (press release)
According to a person familiar with the matter, Capital One Financial Corp is locked in discussions to take over the credit card business. However, in a filing to the Hong Kong stock exchange, the bank - which has offices in 87 countries - noted: ...
French banks detail Greek rescue plan - Bobsguide (press release)
People involved in the talks, who declined to be named, said discussions have been taking place between the French Treasury and the French Banking Federation - and the new proposal is likely to see bondholders reinvest around 70 per cent of the ...
PNC snaps up RBC's retail business - Bobsguide (press release)
Royal Bank of Canada's (RBC's) retail business has been sold to PNC Financial Services, according to people familiar with the matter. The transaction cost $3.45 billion and means PNC will own 426 RBC branches, including some located in North Carolina, ...
European banks to re-submit stress test data - Bobsguide (press release)
European banks will need to re-submit stress test data after certain institutions were found to have provided inaccurate statistics, an official close to the matter has claimed. According to the Wall Street Journal, the stress test results were ...
EU to quiz banks over Libor rates - Bobsguide (press release)
Two people who are familiar with the probe, who declined to be named due to the private nature of the discussions, noted that the European Commission sent requests to banks to figure out how the rates are calculated, Bloomberg reports. ...
US regulators call on big banks to defer bonuses, news report claims - Bobsguide (press release)
According to the Wall Street Journal, which cited sources close to the matter, the new regulation is expected to link bonus payments with the long-term ...
Hedge funds 'may avoid Fed scrutiny' - Bobsguide (press release)
An anonymous source close to the central bank told Reuters this week that the Fed is confident no individual hedge fund has the necessary power to damage ...