Posted at 01:58h
in
News
by KMFSLLP
SHANGHAI, March 7 (Reuters) - China's central bank lent
105.5 billion yuan ($16.67 billion) to financial institutions on
Wednesday via its 1-year medium-term lending facility (MLF), it
said in a statement.
...
Posted at 22:49h
in
News
by KMFSLLP
March 6 (Reuters) - S&P Global Inc will buy
artificial intelligence and analytics firm Kensho Technologies
Inc for about $550 million in cash and shares, the ratings
agency said on Tuesday.
...
Posted at 22:44h
in
News
by KMFSLLP
WASHINGTON, March 6 (Reuters) - Top White House economic
adviser Gary Cohn, a Wall Street banker who became a key
architect of the 2017 tax overhaul and a bulwark against
protectionist forces within the Trump administration, is
resigning, the White House said on Tuesday.
Posted at 22:42h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - Digital asset exchange
Coinbase announced on Tuesday the launch of its first-ever index
fund, marking the company's foray into asset management.
...
Posted at 22:37h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - Citadel, one of the world's
largest hedge fund managers, has cut staff by more than 30
percent in one of its stock-picking units in what several people
with direct knowledge of the layoffs described as a surprise
move.
Posted at 22:37h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - Asian gold-backed
exchange-traded funds (ETFs) added more tonnes in February than
North America and Europe, reversing its 2017 trend of having
more flows out, the World Gold Council said on Tuesday.
Posted at 22:35h
in
News
by KMFSLLP
WASHINGTON, March 6 (Reuters) - Top White House economic
adviser Gary Cohn, a Wall Street banker who became a key
architect of the 2017 tax overhaul and a bulwark against
protectionist forces within the Trump administration, is
resigning, the White House said on Tuesday.
Posted at 22:31h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - A Chicago fund manager that is
closing after big losses in last month's U.S. stock market
plunge was sued on Tuesday for $16.4 million by its clearing
broker Wells Fargo Securities for having allegedly missed
required margin payments.
Posted at 22:30h
in
News
by KMFSLLP
Tusk to rule out preserving single market access in blow to financial services
...
Posted at 22:30h
in
News
by KMFSLLP
LONDON, March 6 (Reuters) - British finance minister Philip
Hammond will tell the European Union on Wednesday that it must
drop its tough stance on the City of London and allow financial
services to be part of Britain's post-Brexit trade deal with the
bloc.