Carrick Mollenkamp

Analysis: How Goldman’s dollar-store bet reaped a fortune

August 24, 2021 at 7:16 a.m.

(Reuters) - Goldman Sachs Group Inc has likely generated around $1.2 billion of revenue over six years from its dealings with discount retailer Dollar General Corp, a Reuters review shows....

Banks score major win in private Libor suits

August 24, 2021 at 6:45 a.m.

NEW YORK (Reuters) - The world's biggest banks won a major victory on Friday when a U.S. judge dismissed a "substantial portion" of the claims in private lawsuits accusing them...

HSBC became bank to drug cartels, pays big for lapses

August 24, 2021 at 12:10 a.m.

(Reuters) - In February 2008, Mexican authorities told the CEO of HSBC Holdings Plc's Mexico unit that a local drug lord referred to the bank as the "place to launder...

HSBC became bank to drug cartels, pays big for lapses

December 25, 2018 at 2:56 p.m.

(Reuters) - In February 2008, Mexican authorities told the CEO of HSBC Holdings Plc's Mexico unit that a local drug lord referred to the bank as the "place to launder...

Citi insiders expect new CEO to promote from within

August 23, 2021 at 8:57 p.m.

NEW YORK (Reuters) - Citigroup Inc insiders expect new chief executive, Mike Corbat, to promote executives from within the bank rather than hire from outside, which could mean his having...

Probe focuses on JPMorgan’s monitoring of suspect transactions

December 24, 2018 at 10:05 p.m.

(Reuters) - A U.S. regulatory probe of JPMorgan Chase & Co's anti-money laundering systems is focusing on potential lapses in how the largest U.S. bank monitors suspect money transactions, according...

Deloitte says accountant’s suicide unrelated to Standard Chartered

December 24, 2018 at 7:00 p.m.

NEW YORK (Reuters) - Deloitte LLP said Sunday that the suicide of a New York accountant was unrelated to work for British bank Standard Chartered Plc. Daniel Pirron, 57, was...

Deloitte says accountant’s suicide unrelated to Standard Chartered

August 23, 2021 at 5:36 p.m.

NEW YORK (Reuters) - Deloitte LLP said Sunday that the suicide of a New York accountant was unrelated to work for British bank Standard Chartered Plc. Daniel Pirron, 57, was...

Standard Chartered reaches $340 million settlement over Iran

August 23, 2021 at 5:18 p.m.

NEW YORK (Reuters) - Standard Chartered Plc will pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its...

Standard Chartered reaches $340 million settlement over Iran

December 24, 2018 at 6:26 p.m.

NEW YORK (Reuters) - Standard Chartered Plc will pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its...

All Stories