US banks are due to meet at Apple's headquarters to receive strict guidelines on how to advertise Apple Pay to customers. The FT reports.» Read More
Bank of America Corp. rose$. 33 or 2.1 percent, to $16.35. Citigroup Inc. fell$. 25 or. 5 percent, to $52.05. Goldman Sachs rose$. 36 or. 2 percent, to $180.11.
Sept 8- Alibaba Group Holding Ltd founder Jack Ma on Monday gave potential investors little new information about his Chinese e-commerce giant, but surprised them by addressing governance concerns, including a controversial 2010 spin-off of its online payment service.
Sept 8- Clinical research company PRA Health Sciences Inc filed with U.S. regulators on Monday to raise up to $375 million in an initial public offering of its common stock. Jefferies LLC, Citigroup Inc, KKR& Co and UBS Investment Bank are among the underwriters of the offering, the company said in a filing with the U.S. Securities and Exchange Commission.
Sept 8- Hundreds of hedge funds, mutual funds and other institutional investors lined up on Monday to hear Alibaba Group Holding Ltd's management pitch the company's shares, as the Chinese e-commerce giant kicked off a two-week IPO marketing blitz.
Bank of America Corp. rose$. 29 or 1.8 percent, to $16.31. Citigroup Inc. fell$. 06 or. 1 percent, to $52.24. Goldman Sachs rose$. 80 or. 4 percent, to $180.55.
A' yes' vote could easily derail the UK economic recovery. In the long run, "little reason why an independent Scotland could not prosper: there is no evidence to suggest that smaller countries are richer or poorer, on average.
Alibaba is seeking to raise more than $21 billion in an initial public offering that will value the company at up to $163 billion and rank as the largest-ever technology debut in the United States.
Bank of America Corp. rose$. 32 or 2.0 percent, to $16.34. Citigroup Inc. rose$. 33 or. 6 percent, to $52.63. Goldman Sachs rose $1.04 or. 6 percent, to $180.79.
LONDON, Sept 8- Banks use of so-called allowances to soften a European Union cap on bonuses could face a "coordinated policy response", the EU's financial services chief Michel Barnier has warned, prompting bankers to argue politicians should steer clear of pay.
*China's exports grow better-than-expected 9.4 percent in Aug. SINGAPORE, Sept 8- Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor U.S. jobs data.
SINGAPORE, Sept 8- Brent crude turned higher on Monday, reversing two days of losses after Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor U.S. jobs data.
*Most dealers see first rate hike in Q2 2015. *8 of 15 dealers see Fed ending bond investment in 2016. NEW YORK, Sept 5- A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.
NEW YORK, Sept 5- Alibaba Group Holding Ltd seeks to raise more than $21 billion in an IPO that will value the Chinese e-commerce giant at up to $163 billion and rank as the largest-ever technology debut in the United States.
Bank of America Corp. fell$. 13 or. 8 percent, to $15.98. Citigroup Inc. fell$. 47 or. 9 percent, to $52.00. Goldman Sachs fell$. 91 or. 5 percent, to $179.18.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. fell. 8 percent to $15.98 with 39,569,500 shares traded. Citigroup Inc. fell. 9 percent to $52.00 with 8,919,300 shares traded.
LONDON, Sept 5- Yields on Italian, Irish and Spanish bonds hit all-time lows on Friday in a broad-based rally in euro zone debt spurred by the European Central Bank's rate cuts and openness to a large-scale bond-buying programme.
*Russia- exposed shares outperform as ceasefire is agreed. Shares exposed to Russia outperformed, however, as representatives of Ukraine, the pro-Russian separatist leadership, Russia and the OSCE security watchdog agreed on a ceasefire.
Bank of America Corp. fell$. 12 or. 7 percent, to $15.99. Citigroup Inc. fell$. 38 or. 7 percent, to $52.09. Goldman Sachs fell $1.29 or. 7 percent, to $178.79.
*New costs could encourage BP to reduce Russia exposure. LONDON, Sept 5- The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could encourage BP to sell off some of its Russian interests, which already look at risk of being dragged into a political standoff between Moscow and the West.
Some of the names on the move ahead of the open.