Wall Street Braces For Big Test Of Dovish Fed Bets: Markets Wrap

[ad_1] (Bloomberg) — Wall Street is gearing up for what’s expected to be the most-important Federal Reserve meeting of the year, with traders awaiting any indications on whether the market’s…

Italy’s Banco BPM to grow investor payback as rates decline

[ad_1] MILAN, Dec 12 (Reuters) – Italy’s Banco BPM (BAMI.MI) on Tuesday pledged to moderately grow profits through 2026 as net fees offset declining interest rates, allowing it to increase…

Exclusive: JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan

[ad_1] A J.P. Morgan logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photo Acquire Licensing Rights HONG KONG, Dec 12 (Reuters) – JPMorgan Chase (JPM.N)…

Goldman Sachs hires Wells Fargo executive to lead transaction banking

[ad_1] The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew…

South Africa selects Russia’s Gazprombank as partner for PetroSA refinery

[ad_1] A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Anton Vaganov/File Photo Acquire…

S&P 500 Climbs As Jobs Spur ‘Heat Check’ for Bonds: Markets Wrap

[ad_1] (Bloomberg) — A pair of solid economic readings shook markets on Friday, with stocks rebounding on speculation the US will be able to skirt a recession. Now the flip…

Citigroup reorganization to be completed in first quarter, CFO says

[ad_1] The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo…

Canada financial regulator maintains banks’ domestic stability buffer at 3.5%

[ad_1] [1/2]A sign for the Bank of Montreal in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio Acquire Licensing Rights OTTAWA, Dec 8 (Reuters) – Canada’s financial regulator on Friday…

Italy to hand Monte dei Paschi CEO Lovaglio new mandate

[ad_1] Deputy Chief Executive of Pekao Luigi Lovaglio presents the company results during a media conference at the bank’s headquarters in Warsaw March 9, 2011. REUTERS/Kacper Pempel Acquire Licensing Rights…

Russia launches its Mir payment cards in Cuba

[ad_1] A woman passes in front of a Russian National Payment Card System (NSPK) signage at the company’s office in Moscow, Russia March 21, 2019. Picture taken March 21, 2019.…