ECB chief Lagarde admits her son lost crypto cash
European Central Bank President Christine Lagarde addresses the European Parliament's Committee on Economic and Monetary Affairs, at the European Parliament,...
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Morning Bid: Giving thanks you’re not in China stocks
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023....
Montenegro court approves extradition of ‘cryptocurrency king’ Do Kwon
Do Kwon, the cryptocurrency entrepreneur, who created the failed Terra (UST) stablecoin, is taken to court in Podgorica, Montenegro, March...
European shares rise to fresh two-month peak as oil majors rally
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker//File Photo Acquire Licensing RightsNovo Nordisk invests $2.3 bln to boost obesity drug productionEuro zone business activity falls in NovECB minutes: Policymakers cautiously optimistic about inflationSTOXX 600 up 0.3%Nov 23 (Reuters) - European shares rose on Thursday, supported by gains in energy stocks, while investors digested minutes of the European Central Bank's (ECB) October meeting where policymakers were cautiously optimistic about inflation falling in the euro zone.The pan-European STOXX...
Argentina hikes taxes on dollar savings and bank card purchases ahead of Milei taking power
Nov 23 (Reuters) - Argentina on Thursday raised taxes on U.S. dollar purchases destined for savings or made with bank...
ECB’s Nagel: rates at peak or close, rules out hard landing
Joachim Nagel, Bundesbank president and European Central Bank policymaker, prepares for an interview at the Jackson Lake Lodge in Jackson...
Rabobank hit with $29 mln EU fine over 2006-16 bond cartel
Rabobank headquarters is seen in Utrecht, Netherlands August 21, 2018. Picture taken August 21, 2018. REUTERS/Eva Plevier/ File photo Acquire Licensing RightsBRUSSELS, Nov 22 (Reuters) - Dutch bank Rabobank was hit with a 26.6-million-euro ($29 million) fine by EU antitrust regulators on Wednesday for taking part in a euro-denominated bonds trading cartel for a decade.Banks around the world have been fined billions of euros by antitrust enforcers in recent years for rigging key financial benchmarks and currencies.The European Commission said the cartel, which operated between 2006 and 2016, focused on...
Morning Bid: AI buzzes but market shrugs at Nvidia beat
A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market...
Goldman Sachs execs see steeper Treasuries curve, softer demand
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsNEW YORK, Nov 21 (Reuters) - Goldman Sachs (GS.N) expects the U.S. Treasuries curve to steepen in the long term, driven by rising fiscal spending, top executives said."Fiscal spending has not abated. It's strange for us to be spending this much" when employment is high, Ashok Varadhan, Goldman's co-head of global banking and markets, said on a company podcast."It doesn't feel like we're going...
US Treasury market debate around hedge fund collateral intensifies
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsNEW YORK, Nov 21 (Reuters) - As U.S. regulators ready rules that would push more trading in Treasuries to a central clearing venue, the industry's focus is turning on a key question: how much collateral should hedge funds and others put up to trade there.At issue is whether imposing minimum requirements for collateral, called margin or haircuts, would raise trading costs and curb market...