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Morgan Stanley Eyes Compensation Cuts For Financial Advisers: Sources

Morgan Stanley (MS.N) wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and...

Chrysler Expands Ignition Switch Recall By 696,000 Vehicles

U.S. safety regulators announced an expansion on Monday of a previous recall to include more model years of Fiat Chrysler (FIA.MI) vehicles that have...

FCMB CEO, Ladi Balogun Speaks On The Bank’s Growth Strategy

LADI BALOGUN, FCMB GMD Mr. Ladi Balogun is the Chief Executive Officer of FCMB Group Plc, the Nigerian lender that acquired bailed out FinBank Plc...

U.S. Government To Unveil Near $9 Billion Fine For France’s BNP: Sources

The U.S. Justice Department is expected to announce on Monday a settlement with BNP Paribas (BNPP.PA) involving a record fine of nearly $9 billion...

Boeing, Airbus Enter Bids For $1.38 Billion South Korean Refueling Plane Order: Sources

Boeing and Airbus were among three bidders in South Korea's roughly 1.4 trillion won ($1.38 billion) program to buy four refueling tanker aircraft, two...

Global M&A At Seven-Year High As Big Corporate Deals Return

Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far...

Following Long Ban, U.S. Could Dominate Global Light Oil Supply

After decades of isolation, the United States is set to become a major player in the global trade of ultra light oil as recent...

House Summons Human Rights Commission Boss Over N724m Service Wide Votes

BEVERLY HILLS, CA, June 29, (THEWILL) - The House of Representatives Public Accounts Committee (PAC) has summoned the Executive Secretary of National Human Rights Commission,...

Nestle Recalls Ice Cream That Fails To Note Peanuts In Labeling

Nestle USA is recalling 10,000 packages of chocolate peanut butter ice cream that were incorrectly labeled as another flavor, putting consumers with peanut allergies...

AU Proposes $522.12 Million Budget For 2015

The African Union (AU) has proposed 522.12-million-dollar budget for 2015, the News Agency of Nigeria (NAN) reports. According to documents made available to NAN in...
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