SINGAPORE (BLOOMBERG) – To find the biggest moneymaker at the rarely moneymaking Deutsche Bank, you need to travel more than 10,200km from Frankfurt to the 18th floor of a glass […]
Dollar dips as risk sentiment improves, bitcoin hits record high
NEW YORK (Reuters) – The dollar dipped on Wednesday as risk sentiment improved and as investors focused on rising commodity prices and when global central banks are likely to begin […]
Boston Fed will not release documents on its former president's trades
WASHINGTON (Reuters) – The Boston Federal Reserve will not release documents that could show whether its former president vetted a series of personal investments last year with its ethics officer, […]
U.S. economy grew at "modest to moderate" rate: Fed's Beige Book
FILE PHOTO: The Federal Reserve building is set against a blue sky in Washington, U.S., May 1, 2020. REUTERS/Kevin Lamarque/File Photo(Reuters) – The U.S. economy grew at a “modest to […]
Lloyds is shutting 48 more bank branches – is yours one of them?
Lloyds Banking Group has announced the closure of 48 branches early next year adding to 100 already shutting or shut in 2021. The latest closures will affect 178 staff members […]
Shares squeeze out gains on earnings prospects
LONDON (Reuters) – Shares in Europe eked out gains on Wednesday as investors kept faith in the global economic recovery and kept an eye out for corporate earnings, while government […]
Failed insurance firms former CEO has fraud trial delayed until 2023 due to Auckland Covid-19 lockdown
A former chief executive facing fraud charges after the collapse of a $747 million insurance company must now wait until 2023 for his trial. The arrival of the Covid-19 Delta […]
KKR buys Kobalt Capital's music rights portfolio in $1.1 billion deal
FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. […]
KKR buys Kobalt Capital's music rights portfolio in $1.1 billion deal
FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. […]
Risk of higher euro zone inflation on the rise: ECB's Vasle
LJUBLJANA (Reuters) – Euro zone inflation is at risk of overshooting projections so the European Central Bank needs to carefully monitor price growth and should end its emergency stimulus programme […]