FIFA President Gianni Infantino gestures as he walks on the stage before the start of the 69th FIFA congress in Paris, June 5, 2019. (AP Photo/Alessandra Tarantino)
FIFA President Gianni Infantino gestures as he walks on the stage before the start of the 69th FIFA congress in Paris, June 5, 2019. (AP Photo/Alessandra Tarantino)Julius Baer reached a deal with the U.S. Department of Justice on Monday, following months of investigations into the private Swiss bank’s involvement in a money laundering and corruption scandal with FIFA, the world soccer governing body.

A general view of Pfizer Manufacturing Belgium in Puurs, Belgium, Monday, Nov. 9, 2020. Pfizer said Monday that early results from its coronavirus vaccine suggest the shots may be a surprisingly robust 90% effective at preventing COVID-19. (AP Photo/Virginia Mayo)
A general view of Pfizer Manufacturing Belgium in Puurs, Belgium, Monday, Nov. 9, 2020. Pfizer said Monday that early results from its coronavirus vaccine suggest the shots may be a surprisingly robust 90% effective at preventing COVID-19. (AP Photo/Virginia Mayo)Charles Schwab, TD Ameritrade and Merrill Lynch brokerage clients reported service outages on Monday as news of coronavirus vaccine developments sent stocks soaring to all-time highs.

Centene said Monday it has entered into an agreement to acquire health care analytics company Apixio in a move that will provide the health insurer with artificial intelligence options to add to its technology lineup.

Goldman Sachs Chairman and CEO David Solomon testifies before the House Financial Services Committee during a hearing in Washington, D.C. (AP Photo/Patrick Semansky, File)
Goldman Sachs Chairman and CEO David Solomon testifies before the House Financial Services Committee during a hearing in Washington, D.C. (AP Photo/Patrick Semansky, File)AccessFintech, a startup that specializes in supply chain management for financial firms and is backed by several major banks, said Monday that it is teaming up with investor Goldman Sachs to offer a service meant to make the cash settlement of derivatives more convenient.

Brian Moynihan, chairman and CEO of Bank of America, takes part in a panel discussion at the World Economic Forum in Davos, Switzerland, Jan. 21, 2020. (AP Photo/Michael Probst)
Brian Moynihan, chairman and CEO of Bank of America, takes part in a panel discussion at the World Economic Forum in Davos, Switzerland, Jan. 21, 2020. (AP Photo/Michael Probst)The success or failure of meeting the United Nations’ Sustainable Development Goals will ultimately fall on the financial industry, though the increasingly mainstream nature of sustainable investing has pushed the industry in the right direction, Bank of America CEO Brian Moynihan said Monday.

A Société Générale sign in Nice, southeastern France, Sept. 14, 2011. (AP Photo/Lionel Cironneau)
A Société Générale sign in Nice, southeastern France, Sept. 14, 2011. (AP Photo/Lionel Cironneau)French investment bank Société Générale said Monday that it was embarking on “several organizational adjustment projects” that are expected to lead to the elimination of 640 positions, the latest step in its cost-reducing plan for the next two years.

People walk outside a branch of Crédit Agricole Bank, in Nice, southeastern France, Sept. 14, 2011. (AP Photo/Lionel Cironneau )
People walk outside a branch of Crédit Agricole Bank, in Nice, southeastern France, Sept. 14, 2011. (AP Photo/Lionel Cironneau )Crédit Agricole’s corporate and investment bank and its wealth management unit are joining forces to create a new private investment banking division to target the ultra wealthy, France’s second-biggest bank said Monday.

Blackstone is a major backer of Paysafe Group. (AP Photo/Mark Lennihan)
Blackstone is a major backer of Paysafe Group. (AP Photo/Mark Lennihan)Paysafe Group, a payment services company backed by private equity firms Blackstone and CVC, is in talks to combine with a special purpose acquisition company supported by dealmaker Bill Foley, Bloomberg reported on Friday.

Two horse-pulled chariot sculptures are seen on top of the BBVA bank in Madrid. (AP Photo/Paul White)
Two horse-pulled chariot sculptures are seen on top of the BBVA bank in Madrid. (AP Photo/Paul White)BBVA’s Turkish unit is rolling out several new mobile banking features including a gold investment function, the nation's second-largest private bank said on Friday, as customers seek to protect their savings from rising inflation.

The pet care market is expected to reach $327 billion globally by 2026, according to recent research. (Photo by Matt Nelson on Unsplash)
The pet care market is expected to reach $327 billion globally by 2026, according to recent research. (Photo by Matt Nelson on Unsplash)The Carlyle Group reacquired a majority stake in Manna Pro Products from investment funds managed by Morgan Stanley Capital Partners, after selling its holdings in the pet care company to the investment bank in 2017.

People's Bank of China Deputy Governor Pan Gongsheng speaks during the Bond Connect launching ceremony in Hong Kong. (AP Photo/Vincent Yu)
People's Bank of China Deputy Governor Pan Gongsheng speaks during the Bond Connect launching ceremony in Hong Kong. (AP Photo/Vincent Yu)Bloomberg on Thursday unveiled the first index geared towards liquid Chinese corporate bonds with investment-grade ratings, a development that comes as it is poised to complete a 20-month transition to add Chinese government and policy bank debt to its Global Aggregate Index, which is a flagship fixed-income benchmark.

This file photo shows the BNY Mellon Center in downtown Pittsburgh. (AP Photo/Gene J. Puskar, File)
This file photo shows the BNY Mellon Center in downtown Pittsburgh. (AP Photo/Gene J. Puskar, File)A BNY Mellon executive warned that fund managers may not be doing enough to reflect environmental, social and governance-related missions in sustainable investments, and should do more to demonstrate those values to clients.

A view of Shinjuku, Tokyo, Japan. (Photo by Jean Vella on Unsplash)
A view of Shinjuku, Tokyo, Japan. (Photo by Jean Vella on Unsplash)Japan unveiled plans Friday to create an English-speaking support office to usher foreign asset managers into the country, as part of its broader efforts to become the main global financial center in Asia.

Deutsche Bank has hired nearly 30 people away from Standard Chartered in recent months in a bid to bolster its wealth management unit in China, a spokesperson for the German bank said on Friday, making it one of several firms to focus more on the space as China opens up its financial sector.

In this file photo a man walks by Standard Chartered bank in London. (AP Photo/Sang Tan, File)
In this file photo a man walks by Standard Chartered bank in London. (AP Photo/Sang Tan, File)Standard Chartered will soon provide employees in several markets with greater flexibility in working patterns and locations, the U.K.-based bank said Friday, implementing lessons learned during the coronavirus pandemic to create a hybrid workforce of remote and office-based employees.

The headquarters of Franklin Templeton in San Mateo, Calif. (Coolcaesar/Creative Commons)
The headquarters of Franklin Templeton in San Mateo, Calif. (Coolcaesar/Creative Commons)Some mutual funds in India will be allowed to invest more freely in stocks of all sizes through the introduction of a new fund category by the country's securities regulator, which comes after a lobbying efforts by the investment industry to ease restrictions.

The skyline of downtown Boston, Massachusetts, where private equity firm Bain Capital is based. (Photo by Jenny Cvek on Unsplash)
The skyline of downtown Boston, Massachusetts, where private equity firm Bain Capital is based. (Photo by Jenny Cvek on Unsplash)Executives at Bain Capital during a conference call Friday highlighted “significant improvements” in finances that would prepare it for strong future performance, even as the U.S. private equity firm’s investment activity fell to its lowest in years during the pandemic.

A logo for Swiss investment bank UBS in Zurich, Switzerland. (Photo by Claudio Schwarz on Unsplash)
A logo for Swiss investment bank UBS in Zurich, Switzerland. (Photo by Claudio Schwarz on Unsplash)Wealthy Chinese businessman Guo Wengui is suing Swiss investment bank UBS in London in an attempt to reclaim $500 million he lost after the bank called in a margin loan in 2015, Bloomberg reported Friday.

In this file photo, a screen at a trading post on the floor of the New York Stock Exchange is juxtaposed with the Goldman Sachs booth. (AP Photo/Richard Drew, File)
In this file photo, a screen at a trading post on the floor of the New York Stock Exchange is juxtaposed with the Goldman Sachs booth. (AP Photo/Richard Drew, File)Goldman Sachs plans to move up to $60 billion in assets from the U.K. to its German subsidiary by 2021 as global banks scramble to anchor themselves to a new European financial hub ahead of Brexit, Bloomberg reported.

The logo hangs outside a branch of Lloyds Bank in London, Thursday, Jan. 28, 2016. (AP Photo/Kirsty Wigglesworth)
The logo hangs outside a branch of Lloyds Bank in London, Thursday, Jan. 28, 2016. (AP Photo/Kirsty Wigglesworth)The U.K.’s largest commercial lender Lloyds Bank and London-based working capital fintech Demica said Friday that they teamed up on a new supply chain finance platform for Britain’s businesses, as such projects pose increasing appeal during the COVID-19 pandemic.