ESAs propose significant SFDR changes
EU financial regulators propose replacing Articles 8 and 9 with new fund categoriesThe European Supervisory Authorities have proposed creating two...
archiveFinancials
Bill Ackman Wants Your Money. Should You Buy Pershing Square USA?
Bill Ackman is one of the world’s highest-profile investors—and he’s coming for your money. Ackman, 58, is seeking to capitalize on...
New York Community Bancorp Isn’t the Only Bank Warning About U.S. Office Loans
New York Community Bancorp isn’t the only bank ringing alarm bells over U.S. commercial real estate loans—there has been another...
EU leaders fail to agree on a €50 billion aid package for Ukraine
European Council Belgian President Charles Michel delivers remarks to journalists at the end of the first day of a European...
Treasury Department Tightens Mortgage-Lending Regulation for CDFIs
The U.S. Treasury Department is narrowing an exemption used by some mortgage lenders to offer “no doc” loans. The exemption...
Micron, Meta, Ford, Foot Locker, PacWest, and More Stock Market Movers
Meta Platforms (META) was down 1.3% after the parent of Facebook was fined $1.3 billion by privacy regulators in the...
World Bank raises outlook for East Asia, says banking sector is sound
The East Asia and Pacific region is projected to expand by 5.1% in 2023, up from the 4.6% it forecast...
Citigroup (C) earnings Q3 2022
Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking...
