U.S. banking group forms unit aimed at reducing cyber risk
(Reuters) – The Financial Services Information Sharing and Analysis Center (FS-ISAC), an influential U.S. financial industry group, said on Monday it had formed a unit to enhance collaboration among its members and the U.S. government as a way to help …
Rockwell sees widebody sales content tripling with B/E Aero deal
NEW YORK (Reuters) – Aircraft electronics supplier Rockwell Collins said on Monday its acquisition of B/E Aerospace Inc will triple its product content on new-generation widebody jetliners such as the Boeing 787 and Airbus A350.
Citi denies involvement in illegal money transfer on behalf of MTN
ABUJA (Reuters) – Citigroup has denied being involved in any illegal foreign currency transfer on behalf of MTN Group , according to a presentation the U.S. bank gave to the Nigerian parliament.
Fed’s Bullard says one rate increase is all that’s needed for now
(Reuters) – St. Louis Federal Reserve President James Bullard said on Monday that a single U.S. interest rate rise would be all that was necessary for the time being, repeating comments he had made recently.
T-Mobile beats profit estimates, raises customer additions forecast
(Reuters) – T-Mobile US Inc reported a better-than-expected quarterly profit and raised its forecast for customer additions for the year as heavy discounting helped attract subscribers.
Wallonia leader rejects EU-Canada trade deal ultimatum
BRUSSELS (Reuters) – The premier of Belgium’s Wallonia region insisted ahead of a crisis meeting of regional leaders with Prime Minister Charles Michel that he would not agree to an EU-Canada trade deal under pressure.
Burger King/Tim Hortons owner’s profit beats on new menu items
(Reuters) – Restaurant Brands International Inc , owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs.
Italy’s Monte dei Paschi set to approve business plan
MILAN (Reuters) – Italy’s Monte dei Paschi di Siena prepared to unveil a capital-boosting and business plan on Monday under new chief Marco Morelli, as its shares extended a week-long rally buoyed by the prospect of an alternative rescue scheme.
UK banks fear public, politicians set against them on Brexit
LONDON (Reuters) – For decades, Britain’s bankers have relied on their industry’s outsized status in the economy to find a receptive ear in government.
U.S. government, MetLife set for rematch over ‘too big to fail’
WASHINGTON (Reuters) – The U.S. government and the country’s largest life insurer are set for a rematch in a U.S. appeals court on Monday over how federal regulators decide a company is “too big to fail,” one of the most significant reforms to come out…
