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…
US
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…
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,…
US IRS chief says budget cuts would reduce ability to pursue tax cheats
By David Lawder WASHINGTON (Reuters) – U.S. Internal Revenue Service Commissioner Danny Werfel said on Friday that a Republican plan…
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…
US inflation outlook brightening; consumer sentiment near two-year high
By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for a second straight month in June as an increase…