Tag: Banks

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The bank is slated to close 88 branches in the republic and reduce its network from 257 to 169, while in Northern Ireland the network will be reduced by 15 from 28 to 13

* The Hang Seng Index slipped 43 percent, or 12986 points, to 3018997

Wells Fargo to sell wealth management business for $ 2.1 billion

Wells Fargo & Co undefined announced on Tuesday that it had agreed to sell Wells Fargo Asset Management to private equity firms GTCR LLC and Reverence Capital Partners

The sale is the biggest shock at the US. Bank since former Mellon top boss at the Bank of New York, Charles Scharf, joined as CEO in 2019

Metrobank announced that its net profit hit P13 billion in 2020, which is less than half of the P281 billion it booked in 2019

Banks typically follow the Federal Reserve's holiday schedule, which includes Presidents Day or Washington's birthday