Morgan Stanley profit down with lower investment banking revenue, shares tank

[ad_1] [1/2]People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Oct 18…

BofA profit rises on higher interest income, investment banking gains

[ad_1] A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Oct 17…

Citigroup profit beats estimates on investment banking boost, shares rise

[ad_1] Customers use ATMs at a Citibank branch in the Jackson Heights neighborhood of the Queens borough of New York City, U.S. October 11, 2020. REUTERS/Nick Zieminski/File Photo Acquire Licensing…

China bans new offshore brokerage accounts to prevent ‘bypassing’ of forex controls

[ad_1] A man stands near a screen showing news footage of Chinese President Xi Jinping at the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China…

US regulators settle with more firms over use of texts and WhatsApp

[ad_1] The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg/File Photo Acquire Licensing Rights NEW YORK, Sept 29 (Reuters) –…

Northern Trust shares slide after forecasting bigger drop in net interest income

[ad_1] An employee walks past a company logo at Northern Trust offices in London, Britain August 1, 2019. REUTERS/Toby Melville Acquire Licensing Rights NEW YORK, Sept 12 (Reuters) – Shares…

Exclusive: Credit Suisse to cut 80% of Hong Kong investment bank jobs from this week

[ad_1] HONG KONG, Aug 7 (Reuters) – Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of…

Nasdaq and broker Marex team up to sell commodities data

[ad_1] LONDON, June 29 (Reuters) – Data provider Quandl, owned by U.S. exchange operator Nasdaq Inc (NDAQ.O), has agreed a deal to distribute a wide range of commodities data compiled…

Robinhood raises another $2.4 bln in funds from investors

[ad_1] Feb 1 (Reuters) – Robinhood has tapped $2.4 billion in funding on top of the $1 billion it raised last week after the online brokerage’s finances were strained due…

Beiersdorf benefits from bump in Nivea sales

[ad_1] April 26 (Reuters) – Beiersdorf’s (BEIG.DE) Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German firm said on Wednesday, confirming…