Banking may seem down, but it's not out

Banking may seem down, but it's not out
The best known Wall Street banks generally reported bleak earnings last month, and four big UK and European lenders — all with new chief executives — have embarked on strategic reorganisations accompanied by mass lay-offs.
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Brazilian bank employees go on strike
Posters (in red) read 'We are on Strike' are displayed as citizens withdraw money at automatic teller machines (ATM) at a bank in Sao Paulo, October 7, 2015. — Reuters pic RIO DE JANEIRO, Oct 7 — Brazilian bank employees went on strike yesterday to …
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China's Hundsun Freezes Stock Platform Accounts Amid Scrutiny
HOMS and similar order-management systems enable a single registered trading account with a brokerage to be divided into multiple sub-accounts that can be used by retail investors in the P2P market. The CSRC on Sunday ordered brokerages to clean out …
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PayPal-Xoom Deal Now Official
… capabilities will expand the set of offerings that PayPal's existing user base in the U.S. can leverage, not to mention fast track its ability to enable global money transfer in attractive “receive” markets such as Mexico, India, the Philippines …
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