Category Archives:
Goldman Sachs bolsters asset management unit with new adviser
(Reuters) - Goldman Sachs Group Inc's asset management arm has hired Elizabeth Burton to advise its institutional clients, according to an internal memo seen by Reuters on Thursday, as the bank seeks ...
Sep 08, 2022
EY plans to spin off audit, consulting units to ease regulatory concerns
(Reuters) - Professional services firm EY said on Thursday it was planning to split its audit and consulting units into two companies, as it looks to ease regulatory concerns over potential conflicts ...
Sep 08, 2022
Macy’s predicts another early start to holiday season shopping
By Uday Sampath Kumar (Reuters) - Macy's Inc expects another early start to holiday season shopping this year, a contrast to a prediction from Best Buy Co Inc that highlights the uncertainty among U.S...
Sep 08, 2022
White House holding roundtable on Big Tech concerns
WASHINGTON (Reuters) - The White House on Thursday is holding a roundtable meeting on a number of technology issues hearing from experts on antitrust, privacy, algorithmic discrimination and other are...
Sep 08, 2022
Exclusive-German economy ministry reviews measures to curb China business
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) - Germany's economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asi...
Sep 08, 2022
U.S. bank profits climb 7.8% on higher interest income – FDIC
By Pete Schroeder WASHINGTON (Reuters) - U.S. banks reported $64.4 billion in profits in the second quarter of 2022, as higher net interest income offset growing reserves to guard against loan losses,...
Sep 08, 2022
Mysten Labs valued at over $2 billion after FTX-led funding round
(Reuters) - Mysten Labs, a platform that provides infrastructure to accelerate web3 adoption, raised $300 million in a funding round led by cryptocurrency exchange FTX, valuing the firm at more than $...
Sep 08, 2022
U.S. starts enrollments in trial testing smaller dosage of monkeypox vaccine
(Reuters) - The National Institutes of Health said on Thursday it had started enrollments in a trial testing an alternative method of administering Bavarian Nordic's monkeypox vaccine, Jynneos, which ...
Sep 08, 2022
Coinbase backs lawsuit against U.S. Treasury over Tornado Cash sanctions
(Reuters) - Crypto exchange Coinbase on Thursday said it was funding a lawsuit against the U.S. Treasury Department to block sanctions barring Americans from Tornado Cash, a virtual currency mixer acc...
Sep 08, 2022
Goldman recommends traders short the euro versus Swiss franc after ECB rate hike
LONDON (Reuters) - Goldman Sachs recommends investors short the euro against the Swiss franc following the European Central Bank's record rate increase as they think it likely the Swiss National Bank ...
Sep 08, 2022
Peoria, IL, USA
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