Fed’s Kashkari Says Inflation Too High, Wages Softened Somewhat
Federal Reserve Bank of Minneapolis President Neel Kashkari said price pressures remain too hot, even as officials assess
2023-05-11 22:49
Dimon ‘So Sad’ Over JPMorgan’s Epstein Ties Ahead of Deposition
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he regretted his bank’s ties to Jeffrey Epstein
2023-05-11 21:27
PacWest Deposits Dropped 9.5% After Report of Investor Talks
PacWest Bancorp said deposits fell 9.5% last week after a news report that the lender was in talks
2023-05-11 19:46
ING Plans €1.5 Billion Buyback as Rates Fuel Profit Beat
ING Groep NV plans to buy back as much as €1.5 billion ($1.65 billion) worth of shares after
2023-05-11 15:57
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
2023-05-11 14:57
Blackstone in Talks With US Regional Banks Over Lending, FT Says
Blackstone Inc. is in talks with regional banks about forming partnerships where they would make loans that the
2023-05-11 14:24
Hong Kong Overnight Funding Costs Surge to Highest Since 2007
The cost to borrow overnight in Hong Kong jumped to a sixteen-year high as liquidity continued to tighten
2023-05-11 12:27
China Asks State Banks to Cut Deposit Rate Ceilings From May 15
China has asked its commercial banks to cap rates offered on some deposits from next week, in its
2023-05-11 10:51
China Got Lion’s Share of World Bank Contracts, US Agency Finds
Businesses in China received almost one third of World Bank-funded international contracts, in dollar terms, over the past
2023-05-11 09:26
Credit Suisse CDS Surge as Hedge Funds See Potential Trigger
An illiquid corner of swaps insuring Credit Suisse Group AG debt has surged back to life as some
2023-05-11 09:21
UBS Scrutinizes Credit Suisse’s Asia Loans in Risk Appraisal
UBS Group AG bankers assessing Credit Suisse Group AG’s business have flagged concerns about some portfolios of loans
2023-05-11 08:26
Blackstone, PNC, Apollo Among 20 Firms That Made Bids on SVB
At least 20 companies including units of Blackstone Inc., PNC Financial Services Group Inc. and Apollo Global Management
2023-05-11 07:55