As the stand-off between HK's government and protesters continue, analysts warn the movement could cast a 'long shadow' over the city's future.» Read More
*Caution reigns after disappointing China inflation reading. NEW YORK, Oct 15- Stocks and the U.S. dollar slumped and safe-haven government debt rallied on Wednesday, as investors around the globe resumed their flight from riskier assets after weak U.S. and Chinese inflation figures. "You couple this with fears about the spread of Ebola, with the recent downtrend...
Commerce Department data showed U.S. retail sales dropped 0.3 percent in September, while the Labor Department said prices received by U.S. producers fell 0.1 percent in September, the first decline in more than a year. A rate hike is expected to boost the dollar by driving investment flows into the United States. "The tone right now is to bet that the Fed will wait...
WASHINGTON, Oct 10- Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday. Also taking part are Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney, and the heads of a large number...
The latest steps to rescue China's sagging property sector are among the most high-profile yet, but don't expect a market turnaround, economists say.
European shares closed higher on Tuesday, after investors focused on key data from the euro zone rather than the Hong Kong protests. protests.
Cerberus has embarked on a hiring spree of Ulster Bank Belfast staff, as bidding for a $1.94 billion Ulster Bank loan portfolio reaches final stages.
LOS ANGELES, Sept 29- People with federal student loan debt now have a few options to lower their rates with private consolidation loans, but consumer advocates warn they could be giving up vital protections in doing so.
The selloff in high-yield bond ETFs last week has revived fears that the sector may be headed for a bruising.
GlaxoSmithKline said on Thursday it had chosen Philip Hampton, who currently chairs Royal Bank of Scotland, as its next chairman.
The largest-ever initial public offering for a bank is unlikely to prompt a stampede for the sector.
This week was supposed to be a major test of the IPO market after Alibaba. The results are in, and they are decidedly mixed.
this week finding that Arab Bank Plc provided material support to Hamas could cause banks to cut ties to foreign banks and customers and make it even harder to monitor the financing of militant networks, banking industry representatives said.
Sept 24- Shares of Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland Group Plc, rose as much as 3.5 percent in their market debut, valuing the lender at about $12.5 billion in the biggest U.S. bank IPO since the financial crisis.
Sept 24- Shares of Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland Group Plc, rose less than 1 percent in their debut, valuing the company at about $12 billion in the biggest U.S. offering by a bank since the financial crisis.
Some of the names on the move ahead of the open.
U.S. stock index futures pointed to a higher Wall Street open on Wednesday, ahead of further housing market indicators.
Shares of Citizens Financial Group, the U.S. unit of Royal Bank of Scotland, rose less than 1 percent in their debut.
Goldman Sachs is the latest bank to slash its growth outlook for China as weak economic activity triggers fresh concerns of over slowing growth.
NEW YORK, Sept 22- A U.S. appeals court on Monday revived lawsuits against National Westminster Bank by about 200 victims of attacks in Israel attributed to Hamas who are seeking to hold the bank liable for handling transactions linked to the group.
NEW YORK, Sept 22- A U.S. appeals court on Monday revived lawsuits against National Westminster Bank by about 200 victims of attacks in Israel attributed to Hamas who are seeking to hold the bank liable for handling transactions linked to that group.