US equity funds see upbeat demand on rate cut expectations
July 5 (Reuters) – Investors hoovered up U.S. equity funds in the week to July 3 as data indicating a softening economy […]
Japanese insurers, banks to sell Honda shares worth $3.3 bln, filing shows
TOKYO, July 4 (Reuters) – Japanese financial groups including Tokio Marine (8766.T), opens new tab, Sompo (8630.T), opens new tab and two MS&AD (8725.T), opens new […]
Insight: How Raiffeisen’s bet on Russia took it to the brink
VIENNA, July 4 (Reuters) – For more than four months, U.S. envoys delivered increasingly shrill warnings to Austria’s Raiffeisen Bank International (RBIV.VI), opens […]
Indian rupee sees mild gains, bonds muted as JPM index flows undershoot estimates
MUMBAI, June 28 (Reuters) – India’s rupee rose slightly, while government bonds were unable to gain meaningfully on the day of the […]
FIFA working with UBS to raise up to $2 billion, Bloomberg News reports
June 27 (Reuters) – Soccer governing body FIFA is seeking to raise up to $2 billion to expand its streaming service and […]
India set to see billions in inflows as government bonds debut on JPMorgan’s debt index
India is set to see billions in inflows into the country’s rupee-denominated government debt market, as state bonds make their debut on JPMorgan’s emerging […]
Ten big banks settle US interest rate swaps rigging litigation
NEW YORK, June 27 (Reuters) – Ten large banks including Bank of America (BAC.N), opens new tab, Goldman Sachs (GS.N), opens new tab and JPMorgan […]
UBS shakes up flagship wealth business with new unit, memo says
ZURICH, June 27 (Reuters) – UBS (UBSG.S), opens new tab is shaking up its wealth-management arm, the bank’s flagship business, to boost its offerings […]
Jefferies Q2 profit beats estimates on dealmaking rebound
June 26 (Reuters) – Jefferies Financial (JEF.N), opens new tab on Wednesday beat analysts’ estimates for second-quarter profit as the bank earned higher fees […]
US banks suffer steeper losses, but retain large cushions in annual Fed health check
WASHINGTON, June 26 (Reuters) – The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal […]
Big US banks withstand Fed’s commercial real estate shock scenario
NEW YORK, June 26 (Reuters) – Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part […]
EU banking watchdog calls out lenders for inflating capital buffers
LONDON, June 27 (Reuters) – Banks in the European Union may be inflating the value of their high risk debt used for […]