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Banks

Exclusive: Goldman injects $1 billion into own money-market funds after heavy withdrawals

福利网站Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, in what the Wall Street bank described as a pre-emptive move to boost liquidity at a time of coronavirus-related stress.

Business Video

This is no 2008 - Mnuchin borrows from Paulson's economic crisis playbook

福利网站U.S. Treasury Secretary Steven Mnuchin has stepped into the breach as the Trump administration's point man to rescue the economy from coronavirus devastation, taking on the role his former Goldman Sachs boss, Hank Paulson, played over a decade ago.

JPMorgan Chase to pay 'front-line' workers $1,000 bonus - memo

福利网站JPMorgan Chase & Co said Friday it would give "front line employees," workers who are staffing branches and call centres through the coronavirus pandemic, a sweetener for their efforts: a one-time $1,000 (848 pounds) bonus.

Deutsche Bank warns virus may 'materially' impact targets

Deutsche Bank said on Friday that the impact of the coronavirus outbreak may affect the lender's ability to meet its financial targets as the fragile bank undergoes a major revamp after years of losses.

OPEC supply curbs, U.S. measures could support oil prices near term - Goldman

Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to $30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research note.

JPMorgan Chase to close 1,000 Chase branches on coronavirus concerns

(This Mar 18 story corrects seventh paragraph to clarify dress code is relaxed for operations staff but not Chase branch staff.)

JPMorgan's Jamie Dimon recovering well, mid-April return possible - source

福利网站JPMorgan Chase & Co Chief Executive Officer Jamie Dimon's recovery from recent heart surgery is going well and the face of the U.S. banking industry could be back to work as soon as mid-April, a source said on Thursday.

Credit Suisse to preserve liquidity as crisis impact unclear

福利网站Credit Suisse executives were cautiously optimistic about the bank's long-term outlook on Thursday, but said the uncertainties surrounding the coronavirus crisis meant it was a good time to preserve liquidity.

Stanchart Kenya confronts coronavirus impact 'day at a time'

福利网站Standard Chartered Bank of Kenya reported higher earnings and dividend for the full year on Thursday and its chief executive said it was too early to assess the impact of the coronavirus epidemic on its business.

Exclusive: HSBC CEO Quinn faces strategy rethink as coronavirus bites - source

福利网站One of Noel Quinn's first jobs as chief executive of HSBC will be to review the radical revamp he unveiled last month as interim boss, a senior source at the bank said.

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Business News

UK government plans to buy into airlines - FT

福利网站The British government is planning to buy equity stakes in airlines and other companies affected by the coronavirus pandemic, the Financial Times reported http://on.ft.com/2QypHcc on Saturday.

Russia: Gulf nations, not us, to blame for oil prices fall -TASS

Renault aims to avoid renationalisation - chairman