Wells Fargo CFO to Leave Role, Take Over New Group

Wells Fargo & Co. said Timothy J. Sloan will leave his current post as finance chief and take over the wholesale banking group, effective May 15, succeeding the retiring David A. Hoyt.



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Goldman Sachs May Sell NYSE Floor-Trading Unit

Goldman Sachs Group is said to be closing on a deal to sell a stock-trading business that puts buyers and sellers together on the floor of the New York Stock Exchange.



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Major Splunk Shareholder Sells Stock

A major Splunk shareholder has sold more than $110 million of the company's stock, taking advantage of the recent slowdown in the selloff of highflying technology stocks.



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China Cracks Down on Bitcoin

China's central bank has ordered the country's commercial banks and payment companies to close bitcoin trading accounts in two weeks, dealing another blow to the virtual currency.



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Citi Says It Fired Two Banamex Traders

Citigroup Inc. said Tuesday that it fired two bond traders at Mexican unit Banamex last year



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HSBC Anti-Money-Laundering Systems 'Need Upgrade'

A U.S. independent compliance monitor warned HSBC Holdings PLC that it needs to further upgrade its anti-money-laundering systems.



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Thailand Inflation Accelerates Slightly

Thailand's consumer-price index in March was up 2.11% from a year earlier, accelerating slightly from February's 1.96% pace, driven by volatile food and energy prices.



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