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RBS Wins Dismissal of Lawsuit by South Korea's Woori
Royal Bank of Scotland Group
Plc on Thursday won the dismissal of a lawsuit by South
Korea's Woori Bank over losses from mortgage-related
investments, in a case between two big banks put under state
control following financial crises.
All Roads Lead to Customer Satisfaction and Compliance in 2013
Jim Washburn and Jojy Mathew of Capgemini Financial Services outline the IT initiatives that should be at the top of every bank's list in 2013.
The Top Challenges Facing Banking IT in 2013
As usual, bank IT department's will have much on their plates for 2013.
Top Challenges Facing Financial Services in 2013
The financial services industry is facing challenges on several fronts, many of them intertwined, as we enter the new year.
Barclays Loses Three Top Technology Bankers: Sources
Barclays Plc has lost
three of its top technology investment bankers in New York this
week to a rival, according to people familiar with the matter.
Bank of America Sues MBIA, Claiming Tender Offer Interference
Bank of America Corp has sued
bond insurer MBIA Inc in a New York state court for
allegedly interfering with a tender offer to buy MBIA's bonds.
JP Morgan No. 1 in U.S. Customer Survey, Rivals Fall Back
JPMorgan Chase & Co jumped to
first in a U.S. customer satisfaction survey, as its three
biggest rivals, including perennial leader Wells Fargo & Co
, posted a decline in their scores.
Apple, Samsung Spar in Court, Ruling to Come
Apple Inc and
Samsung Electronics squared off again in court on
Thursday, as the iPhone maker tried to convince a U.S. district
judge to ban sales of a number of the South Korean company's
devices and defended its $1.05 billion jury award.
French Banks Eye U.S. Expansion After Year of Cuts
France's top banks are taking
advantage of calmer markets to return to expanding in the United
States, a year after deep cuts to their investment banks saw
them lose ground to rivals in the world's biggest financial
market.
Citi to Cut 11,000 Employees
The layoffs are part of a company-wide restructuring plan; technology and operations units will be affected.
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