Morgan Stanley’s Wealth Management Arm Draws Fed Scrutiny
The Federal Reserve is scrutinizing whether Morgan Stanley’s wealth management business is taking adequate measures to prevent potential
2023-11-09 10:27
Citadel’s Griffin Says World Peace Dividend at ‘End of the Road’
Citadel founder Ken Griffin said the world is facing structural changes, challenged by geopolitical risks and restructuring of
2023-11-09 10:18
Disney Tops Profit Estimates, Seeks Extra $2 Billion in Cost Savings
Walt Disney Co., embroiled in another fight with activist investor Nelson Peltz, posted fourth-quarter profit that beat analysts’
2023-11-09 08:59
Japan’s Unpopular Premier Drops Idea of Election This Year
Japanese Prime Minister Fumio Kishida has decided against calling an election before the end of the year, Kyodo
2023-11-09 08:52
Bill Holdings Nears $1.95 Billion Payments Deal for Melio
Bill Holdings Inc. is in advanced talks to acquire Melio Payments, a provider of digital payment tools, people
2023-11-09 06:51
Eli Lilly Wins FDA Nod for Obesity Drug That Rivals Wegovy, Ozempic
Eli Lilly & Co. won US approval for its diabetes drug to treat obesity, unlocking blockbuster sales potential
2023-11-09 04:27
Bank of Canada Agreed at Last Meeting to Revisit Hikes Later
Some members of the Bank of Canada’s governing council argued at their last meeting that borrowing costs would
2023-11-09 03:18
Cleveland Fed Starts Search to Replace Mester by June 2024
The Federal Reserve Bank of Cleveland said it will launch a nationwide search for a new president and
2023-11-09 01:47
Draghi Says Euro-Zone Recession Almost Sure to Happen
The euro zone is nearly certain to experience a recession by the end of 2023, former European Central
2023-11-09 00:53
Ping An Sold Country Garden Stake, Has No Plans for Takeover
Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans
2023-11-08 20:56
London Quant Rivals Trade Accusations Over Star Trader and Strategies
Two rival quant funds traded accusations of poaching, harassment and dishonesty at the start of an acrimonious London
2023-11-08 20:26
Singapore PM Says Two-State Solution Only Way Forward for Peace
Singapore’s Prime Minister Lee Hsien Loong said there’s no alternative to a two-state solution to ensure peace between
2023-11-08 20:22