Category Archives:
UBS will have ‘incredibly high bar’ on Credit Suisse staff it takes on – chairman
(Reuters) - UBS will have an "incredibly high bar" on investment banking staff it takes on from Credit Suisse following the merger, UBS Chairman Colm Kelleher said on Wednesday. Kelleher told a WSJ ev...
May 24, 2023
Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) - April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday, with economists saying young people in particular were keener to try their luc...
May 24, 2023
IMF’s Georgieva confident US will not default on debt
By Andrew Mills DOHA (Reuters) - The managing director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday she was confident the United States would avoid a debt default. T...
May 24, 2023
PacWest shares extend recovery on sale of real-estate lending unit
(Reuters) - Shares of PacWest Bancorp climbed 6.4% in premarket trading on Wednesday after the U.S. mid-sized lender agreed to sell its property lending unit in the second asset sale this week to bols...
May 24, 2023
Factbox-Who’s who in the Supreme Court’s affirmative action cases
By Gabriella Borter (Reuters) - The U.S. Supreme Court is due to rule by the end of June on the legality of race-conscious admissions policies at colleges and universities, a practice called affirmati...
May 24, 2023
Bank of Montreal quarterly profit rises on higher interest income
(Reuters) - Bank of Montreal's second-quarter profit jumped as higher interest rates shored up the lender's net interest income, the Canadian bank said on Wednesday. Net income excluding one-off items...
May 24, 2023
Explainer-What happens if the US Supreme Court bans affirmative action?
By Joseph Ax (Reuters) - The U.S. Supreme Court is set to rule by the end of June on whether colleges and universities can continue to consider race as part of their student admissions decisions, a pr...
May 24, 2023
Canada’s BMO, Scotiabank report lower income on higher provisions
(Reuters) - Bank of Montreal and Bank of Nova Scotia on Wednesday reported lower adjusted earnings at home as the Canadian banks set aside higher provisions. The results come as investor confidence ha...
May 24, 2023
US colleges game out a possible end to race-conscious student admissions
By Gabriella Borter WASHINGTON (Reuters) - In 1998, the year a voter-approved measure barring the use of race-conscious admissions policies for public colleges and universities in California took effe...
May 24, 2023
AI startup Figure raises $70 million to build humanoid robots
By Krystal Hu (Reuters) - Figure, a startup that wants to build general-purpose humanoid robots, has raised $70 million from investors led by Parkway Venture Capital in its first external round, the c...
May 24, 2023
Peoria, IL, USA
58 °F Light Rain, Mist
