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BNY Mellon beats profit estimates on boost from higher interest rates
(Reuters) - Bank of New York Mellon Corp beat Wall Street estimates for third-quarter profit on Tuesday, as rate hikes by the U.S. Federal Reserve bolstered the lender's income from loans. Banks have ...
Syndicated Content Oct 17, 2023
Executives leave BlackRock, ISS to lead governance at Longacre Square
By Svea Herbst-Bayliss NEW YORK (Reuters) - Two executives who helped make recommendations in some of America's biggest proxy contests and contested mergers left BlackRock and Institutional Shareholde...
Syndicated Content Oct 17, 2023
Basel proposes crypto disclosures by banks from January 2025
LONDON (Reuters) - Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to support "market discipline" by gi...
Syndicated Content Oct 17, 2023
J&J raises annual profit forecast on strong demand for top-selling anti-inflammatory drug
(Reuters) -Johnson & Johnson on Tuesday raised its 2023 profit forecast, helped by resilient demand for its top-selling drug Stelara and recorded a $21 billion gain from the spin off of its consumer h...
Syndicated Content Oct 17, 2023
KKR-backed Avendus to tap tech investment banking deals in Southeast Asia
By M. Sriram MUMBAI (Reuters) - Indian financial services firm Avendus will start offering investment banking services from Singapore to cash in on an expected technology sector dealmaking boom in the...
Syndicated Content Oct 17, 2023
KKR offered to take on extra costs, staff to sweeten TIM bid-sources
By Elvira Pollina MILAN (Reuters) - U.S. fund KKR has strived to structure its offer for the fixed line of Telecom Italia (TIM) in a way that would help the phone group more easily sustain its busines...
Syndicated Content Oct 17, 2023
EU securities watchdog warns investors over crypto market protections
By Huw Jones LONDON (Reuters) - Investors will not be protected under European Union cryptoasset market rules until at least the end of 2024, and even then they should still be ready to lose all their...
Syndicated Content Oct 17, 2023
Donald Trump returns to New York for civil fraud trial
By Jack Queen (Reuters) - Donald Trump is set to appear in New York court on Tuesday for the third week of a civil fraud trial that could dismantle pillars of the former U.S. president's business empi...
Syndicated Content Oct 17, 2023
Planemakers bet on steady demand for business jets, but Wall Street wary
By Mehr Bedi (Reuters) - Planemakers are betting on steady demand for business jets as the world's largest corporate aircraft show kicks off on Tuesday, but analysts are turning cautious about the app...
Syndicated Content Oct 17, 2023
U.S. Treasury bond ETFs draw net inflows this year despite recent market rout
By Suzanne McGee (Reuters) - Investors have poured money into exchange traded funds (ETFs) focused on the US bond market this year, despite a historic sell-off in global bonds and uncertainty over whe...
Syndicated Content Oct 17, 2023
Peoria, IL, USA
39 °F Light Rain
