By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday mapped out her top priorities for managing U.S.-Sino relations next year, including a planned second visit to…
Chinese Financial System Poised To Hemorrhage Even More Foreign Cash In 2024, Report Says Will Kessler on December 13, 2023 Foreign investors are expected to pull $65 billion in capital…
By Michael S. Derby NEW YORK (Reuters) – For a Federal Reserve that is actively weighing an end to aggressive rate hikes aimed at lowering inflation, easing financial conditions over…
(Reuters) – Financial services firm Codorus Valley will merge with Orrstown Financial in an all-stock deal, creating a bank with $5.2 billion in assets. The banks said on Tuesday their…
CAMDEN, N.J. – A West New York financial advisor was found guilty on 11 counts of defrauding public health insurance plans out of more than $4 million and transacting in…
By Mohd Edrees (Reuters) – Stock exchanges in the United Arab Emirates closed in red on Friday, with industrial and financial stocks taking the biggest hit as investors were cautious…
By Huw Jones LONDON (Reuters) – Britain’s “big promises” to boost the financial sector’s post-Brexit global competitiveness have been a “damp squib”, with many of the changes yet to be…
By Doyinsola Oladipo (Reuters) – Airbnb on Tuesday announced changes to its executive leadership team, including the creation of a chief business officer position as the company looks to expand…
BEIJING (Reuters) – A key Chinese financial regulator said on Sunday it would accelerate reform of small and midsize financial institutions as it steps up its oversight of the sector.…
NEW ORLEANS – U.S. Attorney Duane A. Evans announced that BASHIR SCHOFIELD, age 24, a resident of LaPlace, Louisiana, pleaded guilty today before United States District Judge Greg G. Guidry…
(Reuters) – Richard “Alex” Murdaugh, a disgraced former powerhouse lawyer in South Carolina already serving life in prison for the murder of his wife and son, received a 27-year sentence…
(Reuters) – Accounting software-maker Intuit on Tuesday beat Wall Street estimates for first-quarter profit and revenue, on resilient demand for its artificial intelligence infused products that help businesses manage their…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Interest rate decisions and guidance from New Zealand and Thailand, and inflation figures from Australia will…
ZURICH (Reuters) -UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked…
TOKYO (Reuters) – Top finance officials from Japan and Britain exchanged views and analysis on current global and domestic economic challenges such as elevated inflation and volatile currency and financial…
TOKYO (Reuters) -Sumitomo Mitsui Financial Group (SMFG) on Monday said group CEO Jun Ohta died on Nov. 25 aged 65 of pancreatic cancer. Japan’s second-biggest lender after Mitsubishi UFJ Financial…
FRANKFURT (Reuters) – Germany’s financial firms may be well capitalised now but face challenges ranging from rising interest expenditure and weak loan demand to unrealised losses, Bundesbank Vice President Claudia…
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy grew faster than initial estimates in the third quarter, helped by a resurgence in tourism and service sector activity, although authorities warned of…
BEIJING (Reuters) – China’s Central Financial Commission (CFC), with Premier Li Qiang in place as its head, urged stronger supervision of risks in the multi-trillion dollar financial sector as China…
(Reuters) – U.S. regulators are pushing Wells Fargo to improve its monitoring system to detect criminal activity at the bank, the Wall Street Journal reported on Thursday, citing people with…
By Rodrigo Campos NEW YORK (Reuters) – Global investors expect a large amount of financial pain out of Argentina no matter who voters pick on Sunday as their next president,…
NEWS RELEASE SUMMARY – November 13, 2023 SAN DIEGO – The CEO of San Diego-based Ethos Asset Management, Inc., which offers financing to international businesses, was arrested in New Jersey…
ANCHORAGE, Alaska – An Anchorage man was sentenced today to 10 years in prison for defrauding at least 177 victims of more than $26 million through an investment fraud scheme.…
FREEHOLD, NJ – The Monmouth County Prosecutor’s Office announced the arrest of Bruno Lopes-Ferreira, 30, a former Special Law Enforcement Officer in Long Branch, charged with several financial crimes. The…
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds built bearish positions this week to the highest level in nearly five years, Goldman Sachs said on Friday, without citing…