(Reuters) -Shares of companies tied to former U.S. President Donald Trump gained in early trading on Friday, drawing interest from retail investors after the ex-president […]
Citigroup hires BofA Merrill’s head Andy Sieg to lead wealth unit
By Lananh Nguyen and Jaiveer Shekhawat (Reuters) -Citigroup Inc hired Andy Sieg to lead its global wealth arm, the lender said on Thursday, from Bank […]
How a massive options trade by a JP Morgan fund can move markets
By Saqib Iqbal Ahmed (Reuters) -A nearly $15 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity […]
Cryptoverse: Buoyant bitcoin’s losing its liquidity
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp […]
Don’t hold your breath – banking crises last years: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The most extraordinary outcome of the March banking shock would be if the problem dissipated quickly. Many people hope […]
Explainer-Why markets are in uproar over a risky bank bond known as AT1
LONDON (Reuters) – Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of […]
Block shares extend losses as Hindenburg report weighs
By Manya Saini (Reuters) – Shares of Twitter co-founder Jack Dorsey’s Block Inc fell 3% in afternoon trading on Friday, a day after the payments […]
Swiss franc grapples with safe-haven identity crisis after Credit Suisse
By Samuel Indyk LONDON (Reuters) -The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have sought shelter […]
U.S. Fed delivers small rate hike amid global banking turmoil
By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but […]
First Republic shares fall as Yellen says not considering ‘blanket insurance’ on bank deposits
By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – A “bull case” scenario for the shares of beleaguered First Republic Bank as it considers […]