German regulator fines Bank of America $5.3 million for reporting delays
FRANKFURT -Germany’s financial market regulator BaFin said on Thursday that it had fined Bank of America 5.1 million euros ($5.28 […]
U.S. startup valuations contract as early-stage investors turn cautious
By Niket Nishant and Mehnaz Yasmin (Reuters) – U.S. startups seeking early-stage funding saw a decline in their valuations in
Mark Carney to chair Brookfield Asset Management post-spin out
LONDON – Canadian investor Brookfield said former Bank of England Governor Mark Carney will become chair of its asset management
Financial News
Manulife agent numbers in China, Vietnam slide on pandemic challenges, regulation
By Nichola Saminather TORONTO – Manulife Financial Corp saw the number of agents in its China and Vietnam businesses drop
U.S. Attorney General Garland to make statement on Thursday
(Refiling to correct GMT time) (Reuters) – U.S. Attorney General Merrick Garland will make a statement to the media on
Kenyans anxious for news on next president, two days after tight vote
By George Obulutsa and Ayenat Mersie NAIROBI/ELDORET, Kenya -Kenyans crowded round radios and televisions on Thursday, increasingly anxious for news
Senate Finance Committee looks at Amgen taxes, widening drugmaker probe
By Michael Erman NEW YORK – The U.S. Senate Finance Committee is widening its investigation into the tax practices of
U.S. SEC investigating hedge fund Melvin Capital Management – WSJ
(Reuters) – The U.S. securities regulator is looking into Melvin Capital Management’s risk controls and investor disclosures after the hedge
Exclusive-Rotavirus childhood vaccine shortage hits four African countries
By Jennifer Rigby LONDON – Supplies of a vaccine to prevent the deadly rotavirus infection in children have either run
Bank of Canada’s ‘soft landing’ scenario hits the rocks in bond market
By Fergal Smith TORONTO – Canada’s inverted yield curve is signaling the Bank of Canada may raise interest rates to