Sweden, UK lead European shares lower as inflation data stokes rate-hike fears
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 14, 2023. REUTERS/Staff/File...
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Morning Bid: U.S. retail therapy as China funk deepens
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
UBS pays $1.43 bln to settle US mortgage claims as industry-wide probe concludes
The logo of Swiss bank UBS is seen at the company's office at the Bahnhofstrasse in Zurich in this July 1, 2009 file photo. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsWASHINGTON/NEW YORK, Aug 14 (Reuters) - UBS (UBSG.S) agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage securities, concluding an industrywide probe into a root cause of the 2008 global financial crisis.The U.S. Department of Justice on Monday said it has collected more than $36 billion in civil fines from 19...
European stocks end higher but mark first weekly loss in four
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 3, 2023. REUTERS/StaffSTOXX...
European stocks fall for third straight day as earnings, higher yields drag
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 2, 2023. REUTERS/Staff/File...
EU banks face liquidity checks next year after 2023 crises
The skyline of the banking district is seen in Frankfurt, September 18, 2014. REUTERS/Kai Pfaffenbach Acquire Licensing RightsLONDON, Aug 3...
Analysis: Commercial real estate investors, banks buckle up for perfect property storm
LONDON/SYDNEY, July 31 (Reuters) - Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar?Rising interest rates, stubborn inflation and squally economic conditions are familiar foes to seasoned commercial property buyers, who typically ride out storms waiting for rental demand to rally and the cost of borrowing to fall.Cyclical downturns rarely prompt fire sales, so long as lenders...
US dollar gains as rate cuts doubts surface
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationNEW YORK/LONDON, July 27 (Reuters) - The...
Morning Bid: ECB to follow Fed hike, Meta surges
A look at the day ahead in U.S. and global markets from Mike DolanWith markets still betting Wednesday's interest rate...
Exclusive: Santander plans to hire about 150 bankers to grow investment banking -sources
LONDON/MADRID, July 26 (Reuters) - Spain's Santander (SAN.MC) is planning to hire around 150 bankers primarily in the United States...
