Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
2023-06-22 02:54
Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:58
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:25
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:45
JPMorgan Cuts About 20 Asia Dealmaking Jobs in New Layoff Round
JPMorgan Chase & Co. is making a fresh round of layoffs in Asia, cutting about 20 investment-banking jobs
2023-06-21 08:49
Asia Stocks Set to Open Lower in Wake of US Losses: Markets Wrap
Asian equity markets were poised to open lower Wednesday following declines in the US, with investors growing cautious
2023-06-21 06:16
PJT Hires Ex-JPMorgan Infrastructure Banker Anand Narayan
PJT Partners Inc. has hired Anand Narayan, who was previously JPMorgan Chase & Co.’s most senior banker covering
2023-06-21 01:54
Swedish Krona Slumps to Record Low as End of Rate Hikes Nears
The Swedish krona slumped to a record low against the euro on a combination of global risk aversion
2023-06-20 23:19
Turkey Hikes Wages Again in Move That May Add to Price Pressures
Turkey raised its minimum wage for a second time this year, potentially adding to inflationary pressures making the
2023-06-20 20:23
Naira Falls Below Parallel Rate as Nigeria Readies New FX Rules
The naira closed weaker than the unauthorized market on Monday for the first time since the central bank
2023-06-20 18:56
Deutsche Bank Applies for Digital Asset License Amid Growth Push
Deutsche Bank AG has applied for regulatory permission to operate a custody service for digital assets such as
2023-06-20 17:54
Powell Faces Tricky Task of Explaining Rate Pause in Congress
Federal Reserve Chair Jerome Powell will have an opportunity this week to clarify what many found a confusing
2023-06-20 17:25