Posted at 21:27h
in
News
by KMFSLLP
Citigroup Inc said on Friday it
will waive monthly bank account fees and certificate of deposit
penalties for consumers impacted by coronavirus.
...
Posted at 20:58h
in
News
by KMFSLLP
As the risks of the
coronavirus outbreak continue to rise, U.S. officials are
wrestling with what to do in the worst-case economic scenarios,
if large numbers of people can't go to work, are told to stay
home, or stop going out in public entirely.
Posted at 20:49h
in
News
by KMFSLLP
The cost of raising U.S.
dollar funds in the Japanese and European currency swaps market
has surged this week, suggesting increased demand for the
greenback and heightened funding stress related to the
fast-spreading coronavirus.
Posted at 20:40h
in
News
by KMFSLLP
The U.S. Federal Reserve's
reliance on maintaining an ample balance sheet to help the
economy poses risks to financial stability and the central
bank's independence, Kansas City Fed Bank President Esther
George said on Friday.
Posted at 20:28h
in
News
by KMFSLLP
Mastercard Inc closed its office
in Sao Paulo and an annex location near its headquarters in New
York after an employee was diagnosed with coronavirus.
...
Posted at 19:43h
in
News
by KMFSLLP
Operators seek ways of coping as outbreak pushes people to stay at home
...
Posted at 19:24h
in
News
by KMFSLLP
* Pragmatism reigns as some hedge fund staff return to work
(Updates Morgan Stanley plans)
...
Posted at 19:22h
in
News
by KMFSLLP
Sheikh Mohammed’s reputation takes hit after his role in abduction of daughters is revealed
...
Posted at 19:22h
in
News
by KMFSLLP
Venezuelan state oil company PDVSA is
struggling to deal with mounting crude stocks as Russian energy
giant Rosneft has not confirmed yet whether it would
lift cargoes this month following tougher U.S. sanctions,
according to data and sources with knowledge of the situation.
Posted at 19:20h
in
News
by KMFSLLP
U.S. Federal Reserve officials said on
Friday they will consider various scenarios when they gather at
the March policy meeting to discuss what other steps could be
taken to protect the economy from the downside risks of the
coronavirus outbreak.