Morning Bid: Stocks clocking best week of the year
A look at the day ahead in U.S. and global markets from Mike DolanMarkets are betting central banks are done...
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Gilt yields tumble and pound rises after BoE keeps rates on hold
UK pound coins plunge into water in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Nov...
Bank of England set to keep rates at 15-year high despite slowdown signs
A bus passes the Bank of England in the City of London, Britain, February 14, 2017. REUTERS/Hannah McKay/File Photo Acquire...
Exclusive: US FDIC is probing former First Republic Bank directors and officers
Nov 1 (Reuters) - The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank (FRCB.PK), raising the prospect of stiff penalties for the failed bank's former bosses."We can confirm a D&O probe into First Republic is taking place," a spokesperson told Reuters on Wednesday, referring to the bank's directors and officers. The regulator did not provide further details.The investigation, which has not previously been reported, is the third the FDIC has opened into bank failures earlier this year which cost the...
Exclusive: UK rips up state guarantees on nearly 1 billion pounds of COVID loans
LONDON, Nov 1 (Reuters) - The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank...
US targets Myanmar’s state oil and gas enterprise with form of sanctions
WASHINGTON, Oct 31 (Reuters) - The U.S. on Tuesday imposed a form of sanctions on Myanma Oil and Gas Enterprise...
Cryptoverse: As good as gold? Spot bitcoin ETFs aim to whip up US demand
Oct 31 (Reuters) - Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment with an...
Britain to push ahead with rules for cryptoassets
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 30 (Reuters)...
NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge
The entrance to The Federal Reserve Bank of New York is seen in New York City, U.S., March 13, 2023....
US investment banks see early signs of revival in dealmaking
Peter Orszag, CEO of Financial Advisory, Lazard, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Oct 27 (Reuters) - Major Wall Street firms said a dismal year of dealmaking appears to have hit a trough, and now some companies are looking to merge, offering hope that investment banking revenues could pick up after a disappointing third quarter.Dealogic data showed that globally, investment banking revenue tumbled 16% in the third quarter from a year earlier. But...