French Banks Defeat NY Lawsuit By Family Of Cuban Bank Seized By Castro
By Jonathan Stempel NEW YORK (Reuters) – Societe Generale SA and BNP Paribas SA on Thursday won the dismissal of…
2023
Wells Fargo to pay $97 million for sanctions compliance failures
By Hannah Lang (Reuters) -Wells Fargo & Co will pay fines of about $97.8 million for inadequate oversight of its…
Fed’s Collins: Getting Inflation Down Argues For No Rate Cuts This Year
WASHINGTON (Reuters) – Federal Reserve Bank of Boston leader Susan Collins said on Thursday that she does not see the…
Fed’s Barkin: Bank Deposit Flows “stable,” Inflation Still “hot”
By Howard Schneider RICHMOND, Virginia (Reuters) – Deposit flows in U.S. banks appear “relatively stable,” while inflation remains too high…
Tesla Misses Big On Solar-roof Installation Targets – Wood Mackenzie
By Akash Sriram (Reuters) – Elon Musk-led Tesla Inc has missed its solar-roof installation targets by a big margin due…
Russian Carmaker Avtovaz Brings Forward Holiday Shutdown Amid Component Shortage
MOSCOW (Reuters) – Russia’s largest carmaker, Avtovaz, said on Thursday that it was bringing forward an annual three-week company summer…
Oil Rises On U.S. Crude Draw And Iraqi Supply Risks
By Rowena Edwards LONDON (Reuters) -Oil prices rose on Thursday as a surprise drop in U.S. crude stockpiles and a…
US Weekly Jobless Claims Rise Moderately; Fourth-quarter GDP Trimmed
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose moderately last week, showing no signs…
Oil Rises On U.S. Crude Draw, Iraqi Supply Risks
By Rowena Edwards LONDON (Reuters) -Oil prices rose on Thursday as a surprise drop in U.S. crude stockpiles and a…
Shorting global banks fetches $14.3 billion in paper profit in March – S3 Partners
(Reuters) – Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according…