EU sets out plans to cut the price of financial products
EU to ban commission on products where no advice givenPlan to toughen "suitability" testsProposals to be reviewed in three yearsConsumer...
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Deutsche, Citi admit anti-competitive bond market activity in UK probe
Boats are anchored in the River Thames, with buildings in the City of London financial district seen behind, as the...
US money market fund assets hit record highs despite debt-ceiling fears
NEW YORK, May 24 (Reuters) - U.S. money market fund assets hit a new record of $5.8 trillion this week...
US new home sales, business activity rise to 13-month highs
Single-family homes sales increase 4.1% in AprilMedian new house price falls 8.2% year-on-yearBusiness activity rises to 13-month high in MayWASHINGTON,...
Morning Bid: Fed hawks re-emerge, dollar pumped
A look at the day ahead in U.S. and global markets from Mike DolanAmid all the hand-wringing over the debt...
European shares hit by slide in Julius Baer, Vivendi
Julius Baer set for worst day in 3 yearsGerman business activity expands in MayVivendi slides as Bollore sells sharesMay 23...
Japan’s Mizuho expands in US banking with $550 mln Greenhill deal
May 22 (Reuters) - Mizuho Financial Group Inc (8411.T) will buy U.S. M&A advisory firm Greenhill & Co Inc (GHL.N)...
Wall Street ends mixed as investors await debt ceiling talks
U.S. debt limit talks to kick off at 5:30 p.m. ETSome tech stocks lift Nasdaq, regional bank stocks upChina's Micron...
New rules to dampen Chinese interest to list in Europe, say bankers
SHANGHAI/SINGAPORE, May 22 (Reuters) - Chinese companies' plans to raise capital via listings in London or Zurich are in jeopardy...
Britain lowers stake in NatWest with $1.6 bln share sale
LONDON, May 22 (Reuters) - British state-backed bank NatWest (NWG.L) has agreed to buy 1.3 billion pounds ($1.6 billion) worth...
