Latest Business News: Consumer Confidence Highest in Over Five Years in June

Wochit 0:43 mins

Consumer confidence jumped in June to its highest level in over five years as Americans were more optimistic about business and labor market conditions. Jens Weidmann, a top European Central Bank official is calling for a "strict and thorough" review of bank finances before the ECB takes over from national regulators as Europe's top financial supervisor. Emirates NBD , Dubai's largest lender, has appointed Shayne Nelson, currently head of Standard Chartered's private banking arm, as its new group chief executive

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