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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Analysis: Central banks’ big pause spurs bruised bond investors to double down
US, UK, Norway keep rates unchangedRate pause plus high yields entice bond investorsSlowdown bets back on the tableLONDON, Nov 2...
Dollar eases as traders bet Fed done with rate hikes
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3,...
ECB hopeful on inflation but cannot close door on rate hikes -Schnabel
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Jury in FTX founder Sam Bankman-Fried’s fraud trial begins deliberations
NEW YORK, Nov 2 (Reuters) - The jury in Sam Bankman-Fried's fraud trial began deliberations on Thursday following a monthlong trial in which prosecutors accused the FTX cryptocurrency exchange founder of stealing billions of dollars of customer funds.Bankman-Fried is poised to learn his fate in Manhattan federal court nearly a year after FTX declared bankruptcy as its customers raced to withdraw their funds in a collapse that shocked cryptocurrency markets and obliterated the 31-year-old's fortune, once estimated by Forbes at $26 billion.Bankman-Fried has pleaded not guilty to two counts of...
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...
Afme calls for changes to EU Open Finance proposals
AFME has responded to the European Commission’s consultation on a legislative proposal to open up access to financial data...
Dollar slips as traders see US rates peaking
U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado...
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...