Posted at 14:12h
in
News
by KMFSLLP
Custodian bank State Street Corp
said on Friday it expects fourth-quarter servicing fee revenue,
its main earnings driver, to be flat from the third quarter,
sending its shares down 7 percent.

...
Posted at 14:11h
in
News
by KMFSLLP
U.S. Treasury yields climbed to
session peaks on Friday as Wall Street stock prices extended
initial gains, rebounding from losses a day earlier tied to
concerns about Italy's budget and U.S.-Saudi Arabia relations.
Posted at 14:00h
in
News
by KMFSLLP
U.S. home sales fell in
September by the most in over two years as the housing market
continued to struggle despite strength across the broader
economy.

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Posted at 13:53h
in
News
by KMFSLLP
Shares in Spanish banks rebounded
on Friday after the Supreme Court said it would review the
impact of a ruling on mortgage stamp duty after initially saying
on Thursday that banks would have to pay the tax.
Posted at 13:47h
in
News
by KMFSLLP
The chief executive of
Deutsche Bank has cancelled plans to attend the
Future Investment Initiative business conference in Saudi
Arabia, a source close to the matter said.

...
Posted at 13:44h
in
News
by KMFSLLP
Security guards aboard a Hong
Kong-flagged cargo ship repelled an attack by pirates in a
gunbattle off Somalia's coast this week, the European naval
force in the region said on Friday.

...
Posted at 13:44h
in
News
by KMFSLLP
The deficit and debt numbers for Canada
in the federal government's Annual Financial Report being
released on Friday will be higher than projected because of an
accounting change Ottawa is making, CBC News reported.
Posted at 13:25h
in
News
by KMFSLLP
UK-based financial technology
firm TransferWise plans to nearly double its Asia Pacific
headcount and link up with new instant payments infrastructure
in both Hong Kong and Singapore, its chief executive said in an
interview.
Posted at 13:11h
in
News
by KMFSLLP
The European Central Bank's
policy meeting will be relegated to a sideshow next week as the
wrangle over Italy's budget takes the main stage.

...
Posted at 13:09h
in
News
by KMFSLLP
The Italian economy grew just 0.1
percent in the third quarter of this year from the previous
three months as industrial output stagnated, the Bank of Italy
estimated on Friday.

...