ECB to raise objections to Italy’s windfall tax on banks – press
The building of the European Central Bank (ECB) is seen amid a fog before the monthly news conference following the...
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Morning Bid: Banking news unnerves ahead of US CPI
A shopper wearing a face mask due to the coronavirus disease (COVID-19) pandemic browses toys at a Target store in...
Wall St shares fall on slowing but strong US labor market
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File PhotoU.S. shares slip but global markets rally on U.S. jobs dataAmazon shares surge 8% on strong earnings; Apple falls nearly 5%U.S. Treasury yields and the dollar declineOil gains 1% plusAug 4 (Reuters) - Wall Street stocks fell on Friday, while the U.S. dollar and Treasury yields were lower, after a government jobs report showed a slowing but still tight U.S. labor market.Nonfarm...
Wall Street ends down, investors step back after Fitch US rating cut
Fitch cuts US credit rating to AA+Wells Fargo slides on plan to help refill FDIC coffersU.S. private payrolls beat expectations...
Trump group reports big legal expenses, claws money back from super PAC
WASHINGTON, July 31 (Reuters) - Donald Trump's legal entanglements on Monday showed signs they could impact spending on his White House bid, as one of his main political groups reported massive outlays on legal expenses while also clawing back more than $12 million it had transferred to a super PAC supporting Trump's 2024 campaign.Trump's Save America group, which he founded in 2020 following his defeat in that year's presidential election, said in a filing to the Federal Election Commission that it spent more than $21 million on legal expenses during...
UK stocks rise on media stocks boost, global rate pause hopes
Energy shares fall on drop on Shell Q2 profitsBarclays down on investment banking forecast missInforma hit over three year high,...
Factbox: European companies cut jobs as economy sputters
July 25 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs...
JPMorgan to expand online bank Chase to Germany, EU, Handelsblatt reports
FRANKFURT, July 21 (Reuters) - JPMorgan (JPM.N) will expand its online bank Chase to Germany and other European Union countries,...
Wall St rallies; Nasdaq hits 40-year milestone, Apple scales $3 trillion
Apple passes $3 trln market capNasdaq composite has biggest first-half gain since 1983,Nasdaq 100 has record first half increasePCE index...
US banks scramble on research fees as reprieve on European rules runs out
NEW YORK, June 28 (Reuters) - Wall Street banks and brokerages are in a last-minute scramble to meet a July 3 deadline to charge investors for research reports, bankers and others in the industry said, a requirement that threatens their European business if they fail to comply.Bank of America Corp (BAC.N) and Jefferies Financial Group were among the earliest U.S. banks to comply with the rules - but many others have not yet met the standards and are rushing to catch up, they said.Failure to do so could mean losing...