Ten Piraeus executives resign following discounted loan sale
Prosecutor examines report on sale of €1.2bn loan package for €300m by biggest Greek lenderSource: https://www.ft.com/content/98914a8e-b013-11e7-beba-5521c713abf4
Wells Fargo reports lowest quarterly returns in 7 years
Source: https://www.ft.com/content/5bad60db-491f-3183-b244-cba662b42e35
Bank of America profits rise 13% despite bond trading slump
Group posts strong results on back of consumer banking and wealth managementSource: https://www.ft.com/content/fe23264a-b006-11e7-aab9-abaa44b1e130
Lloyd’s pays out $750m in claims from summer of storms
Insurance market expects to pay $4.5bn in total on claims for Harvey, Irma and MariaSource: https://www.ft.com/content/e0803fb6-affb-11e7-aab9-abaa44b1e130
Provident Financial looks to revive doorstep lending business
Subprime lender hires 300 debt collection agents after botched restructuringSource: https://www.ft.com/content/66722d58-afe0-11e7-beba-5521c713abf4
Momentum investing faces real-world questions
Research suggests that equity mutual funds using such strategies underperformSource: https://www.ft.com/content/c8e19da0-af92-11e7-aab9-abaa44b1e130
FCA met Aramco ahead of proposed IPO rule changes
UK regulator has faced criticism from investors for watering down governance rulesSource: https://www.ft.com/content/89a17a82-aff8-11e7-beba-5521c713abf4
Deutsche Bank appoints former Goldman partner to lead investment-grade credit trading
Source: https://www.ft.com/content/2367b478-3b1e-3bac-9e26-e3e53a3c9319
UK insurer Aviva to sell Taiwan business for $1
Source: https://www.ft.com/content/f7153ca5-9edc-339f-b4e2-74bd2e5b7588
Provident Financial: losses at troubled doorstep lending unit have steadied
Source: https://www.ft.com/content/329cdff6-5df1-3660-8fe6-5fe64786b8c5
Man Group reverses stance on external research costs
Source: https://www.ft.com/content/11a0e128-bb69-3088-8c76-784b31fe663d
Ashmore draws $4.3bn in flows as investors flock to emerging markets
Source: https://www.ft.com/content/743412f0-5706-3c79-a9e5-0745f98c8c36
Investors urged to review with-profits policies
Returns on policies as low as 2.8 per cent last yearSource: https://www.ft.com/content/274abbe2-adcc-11e7-beba-5521c713abf4
Foreign banks plan Saudi expansion amid economic reform
Investment banks expect lucrative opportunities from country’s privatisation boomSource: https://www.ft.com/content/18825286-af3f-11e7-aab9-abaa44b1e130
RBA cautions indebted households vulnerable to rate rises
Source: https://www.ft.com/content/e51c57ba-76d0-3b2d-8af7-3d86441cfc7e
Arab World Banking & Finance
From the Qatar crisis to Saudi privatisation and legal wrangling in Dubai, plus going digital in underbanked EgyptSource: https://www.ft.com/content/cbc848ec-ae1c-11e7-aab9-abaa44b1e130
State stakes in Gulf banks bring business advantages — and risks
GCC governments have interests in 80% of the 50 biggest lendersSource: https://www.ft.com/content/ac0789fc-87e1-11e7-8bb1-5ba57d47eff7
MPs threaten to force publication of critical RBS report
Treasury committee could oblige FCA to share review of bank’s mistreatment of SMEsSource: https://www.ft.com/content/3f65c204-af56-11e7-aab9-abaa44b1e130
JPMorgan’s Jamie Dimon eyes Paris for post-Brexit job moves
US bank chief tells French minister that city is likely venue for some London rolesSource: https://www.ft.com/content/d09681a4-af84-11e7-aab9-abaa44b1e130
Dimon says JPMorgan may move 60 jobs to Paris post-Brexit
Source: https://www.ft.com/content/f9b29558-d8e3-39cd-a397-b9096b9f448c
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325