Canada’s RBC injects capital into City National to bolster US subsidiary’s liquidity
A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio Acquire Licensing RightsSept...
archiveFINS08
Dollar’s smile makes Wall Street frown: McGeever
ORLANDO, Florida, Sept 28 (Reuters) - The 'dollar smile' can be a blessing for Wall Street, or a curse.Right now, with the dollar's boom being driven by a destabilizing surge in U.S. bond yields, heightened uncertainty over global growth and rapidly deteriorating investor sentiment, it is definitely the latter.The gist of the 'dollar smile' theory, floated by currency analyst and now hedge fund manager Stephen Jen 20 years ago, is this: the dollar typically appreciates in good times (booming investor confidence and roaring markets) and bad (times of great financial...
Dealmakers see rebound after US activity buoys global M&A volumes
NEW YORK, Sept 29 (Reuters) - Mergers and acquisitions activity globally showed few signs of improvement but a rebound in volumes in the United States - the world's biggest investment banking market - gave dealmakers hope of a sustained recovery in the near term.The total quarterly value of M&A fell slightly to $717.4 billion by September 28, according to data from Dealogic, from $738.1 billion last year during the same period.During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes...
UK business confidence slips in September: Lloyds Bank
LONDON, Sept 29 (Reuters) - British business confidence declined in September as optimism about the economic outlook faded, a survey...
US Senator Warren: Supreme Court CFPB case threatens all bank regulators
U.S. Senator Elizabeth Warren (D-MA) arrives for the weekly party caucus luncheon at the U.S. Capitol in Washington, U.S. September...
UK to ease finance sector rules to boost investment post-Brexit
A view of the London skyline shows the City of London financial district, seen from St Paul's Cathedral in London,...
UK home-buyer demand inches up as mortgage rates fall: Zoopla
A construction worker stands on a scaffold platform on a new housing development under construction in Knutsford, Britain June 1,...
US economy facing headwinds from possible government shutdown -White House
White House chief economist Jared Bernstein speaks about the impact of a looming government shutdown with Economic Policy Institute president...
Crypto exchange Kraken to offer US-listed stocks’ trading – Bloomberg News
Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSept 27...
UBS, Credit Suisse face wider US probe over Russia sanctions -Bloomberg News
Logos of Swiss banks UBS and Credit Suisse are seen on an office building in Zurich, Switzerland March 19, 2023....
