M&G’s Leaviss says U.S. Treasury yields have likely peaked
By Divya Chowdhury MUMBAI (Reuters) – U.S. treasury yields have likely peaked, with longer-dated bonds looking attractive as the Federal…
Business
David’s Bridal avoids shutdown with no-cash bankruptcy sale
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt wedding gown retailer David’s Bridal received court approval on Friday to sell…
Explainer – What makes a crypto asset a security in the US?
By Jody Godoy (Reuters) – Cryptocurrency companies that have resisted U.S. regulatory oversight, arguing digital assets are not securities, won…
JPMorgan, Wells Fargo prepare for losses on office loans
By Matt Tracy (Reuters) -JPMorgan Chase and Wells Fargo said on Friday they set aside more money for expected losses…
JPMorgan’s profit surges to record after First Republic deal
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even…
Former Netflix content head to lead Elisabeth Murdoch’s firm Sister
(Reuters) – Former Netflix content chief Cindy Holland on Friday has been named the global CEO of entertainment group Sister,…
Canopy Growth signs agreements to reduce debt amid liquidity crisis
(Reuters) – Pot producer Canopy Growth has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million)…
JPMorgan, Wells Fargo expect deposits to extend Q2 declines
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo…
Why Amazon put services in the spotlight for Prime Day
By Arriana McLymore NEW YORK (Reuters) – Amazon shoppers snagged deals on food delivery, travel and healthcare during a two-day…
Santander expanding investment bank in US and UK, sources
By Jesús Aguado, Andres Gonzalez and Iain Withers MADRID/LONDON (Reuters) – Santander is accelerating growth of its investment bank by…