Hints and tips:
...The recent crisis with Silicon Valley Bank and the regional banks will make it even more of a focus for banks to be cautious.”...
...Chart of the week Fears for the future of the London stock market are mounting after SoftBank and CRH, the world’s largest building materials group, shunned the City in favour of New York....
...“They represent the people of the state of New York. The victim is a witness, and prosecutors’ form of justice is very different than perhaps what the victim’s form of justice is....
...“I am not smart enough to time the market,” he told the New York Times last week....
...After a $66bn sale to Nvidia collapsed over competition concerns, SoftBank announced its plans to bypass the UK and list the company on the Nasdaq stock exchange in New York. Anderson was unequivocal....
...Publicly traded debt and equity securities have surged in price this year after central banks and governments across the world unleashed trillions of dollars worth of stimulus to dull the economic blow from...
...That prompted this observation from Joshua Shapiro at MFR, the economic consultancy in New York: “Given the size of the May revision, there is simply no telling how valid the June tally is versus reality...
...Alicia Levine, chief strategist at BNY Mellon Investment Management in New York, notes that the five largest tech stocks in the S&P 500 outperformed the rest of the index by 31 per cent in the first five...
...He was getting into his car after hours of talks at the Federal Reserve Bank of New York, and looked like a man who had stared into the abyss....
...: The Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York has updated the current monthly schedule of repurchase agreement (repo) operations....
...Simon Derrick at BNY Mellon also writes: It is noticeable that the current relative insensitivity to geopolitical risk is not an isolated phenomenon but, rather, has been a common feature of markets over...
...He joins the $500bn Geneva-based investment manager from UBS O’Connor, the hedge fund arm of UBS, the Swiss bank....
...New York-based Cowen said that it will pay $116m in cash and stock to buy Convergex from private equity group GTCR, Bank of New York Mellon and other shareholders....
...Gold was holding near a nine-week high at $1,286.39 after climbing 2.4 per cent over the previous five sessions. Intraday In the US, the S&P 500 is set to open up 0.4 per cent later in New York....
...● Mark Begor has joined Warburg Pincus as a managing director in the industrial and business services group of the $40bn New York-based private equity manager....
...Mr Rowe will become head of marketing for Europe at Neuberger, the $240bn New York-based asset manager....
...Morgan Stanley, Goldman Sachs, Bank of New York Mellon and State Street — the other four groups designated as globally systemically important banks, or GSIBs — were also downgraded, a shift signalled by...
...Bank of New York Mellon, whose computer systems are used to calculate the net asset values, or NAVs, of many funds, has been suffering problems since the start of the week because of a failed software upgrade...
...Elsewhere on Wednesday, - Pettis on the RMB and why market exchange rates don’t always reflect fundamentals. - On the quantity and quality of Chinese GDP. - BNY Mellon had some v special interns....
...Ostensibly, the data still matters. Speaking to the Economic Club of New York, Ms Yellen reiterated the Fed mantra that “our actions are data-dependent”....
...The addition of the banks, which also include HSBC, BNY Mellon, Deutsche Bank and seven others, is a sign the industry is gathering behind R3 in one potential implementation of the distributed ledger technology...
...Bank of New York Mellon said: “We’re pleased to have worked cooperatively with the New York State Department of Financial Services to help resolve their concerns on proper record retention.”...
...On Monday the New York State Department of Financial Services called off its pursuit of the San Francisco-based company, saying it had reached an agreement with a group of banks to direct Symphony to store...
...Mr Albanese also wrote that he would follow up with four consortium members that the NYDFS regulates — Bank of New York Mellon, Credit Suisse, Deutsche Bank and Goldman Sachs — to ask them how they plan...
...Regulators were initially wary of Symphony’s claim to encrypt messages between users but the New York State Department of Financial Services struck a deal in September with a group of banks for their data...
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