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  • TOKYO, June 27- U.S. stock futures dipped and the British pound fell more than one percent in early Asian trade on Monday, as markets struggled to shake off a swathe of uncertainty sparked by Britain's decision to leave the European Union. Among many questions Brexit has triggered are just how much UK and European economies will slow, how they will negotiate their...

  • Robot fighter

    Wall Street is launching stand-alone financial advice services as smaller competitors target a key business.

  • NEW YORK, June 24- JPMorgan Chase& Co is grappling with how much of its business can stay in Britain and a lot will depend on how well European Union and U.K. politicians appear to be getting along. It is still unclear whether JPMorgan, the largest U.S. bank, would need to hive off slivers or chunks of its UK operations after Britain voted Thursday to leave the EU, Daniel...

  • NEW YORK, June 24- Social media users flooded TD Ameritrade's and Fidelity Investments' Twitter feeds with irate messages on Friday, as customers struggled to access their online brokerage accounts. The apparent problems came a day after Britain voted in a referendum to leave the European Union, or Brexit. Global financial markets plunged as results from the...

  • Dick Bove

    When bank stocks around the world plummet by double digits, there's one analyst who thinks fears are overblown.

  • LONDON, June 24- Bankers advising companies on takeovers and initial public offerings have all but written off big-ticket activity for the rest of 2016, after a British vote to leave the European Union poleaxed company valuations and executive confidence. Pre-Brexit jitters had already taken a toll with mergers and acquisition activity in Britain and...

  • LONDON, June 24- Some bankers advising companies on takeovers and initial public offerings have all but written off big-ticket activity for the rest of 2016, after a British vote to leave the European Union poleaxed company valuations and executive confidence. Pre-Brexit jitters had already taken a toll with mergers and acquisition activity in Britain and...

  • mind numbing

    Arbitration against Merrill Lynch highlights a potential hazard for other banks selling structured product investments.

  • Indicator dial

    Jefferies’ earnings, which precede Wall Street banks, show a massive rise in bond trading revenue.

  • June 21- Investment bank Jefferies Group LLC said on Tuesday its quarterly results had returned to a more normal level, as stock and bond trading conditions improved. Jefferies, a unit of Leucadia National Corp, said overall trading revenue rose around 21 percent to $462 million in the fiscal second quarter ended May 31, as markets have stabilized in the last...

  • San Diego Padres Rickey Henderson (R) slides safely past the St. Louis Cardinals catcher Tom Pagnozzi

    Investors and executives say Silicon Valley fundraising for start-ups is stalling, right at a time when many need cash to support operations

  • June 21- Investment bank Jefferies Group LLC reported a 9.9 percent decline in quarterly profit as depressed IPO markets hurt revenue from investment banking. Jefferies, a unit of Leucadia National Corp, kicks off the reporting season for investment banks and is often viewed as an indicator of the performance of Wall Street banks. Net earnings attributable to...

  • BUENOS AIRES, June 21- Argentina could soon see a boom in initial public offerings, investment bankers and market sources said, thanks to economic reforms and a potential upgrade of the country's "frontier market" status. Before that, Argentina had not had an IPO since 2010.. The expected offerings are part of a broader pro-market shift in Argentina as...

  • Analyst: Comerica's Tuesday meeting should be a watershed event

    Banking analyst Mike Mayo joined CNBC Monday afternoon, and offered some soothing words for the banks.

  • tug of war

    Tough times lie ahead for big banks, which will be tested by market volatility as well as regulatory exams.

  • ST PETERSBURG, June 20- The New Development Bank, an infrastructure-focused lender established by the BRICS emerging economies, plans to issue debt in the local currencies of its five member countries, the bank's president said. NDB, run by K.V. Kamath, a former executive of India's largest private lender ICICI Bank, already has $1 billion in capital, which is set to...

  • There's still work to do for Italian banks: Expert

    Lakefield Partners' Bruno Verstraete and UBS strategist Geoffrey Yu discusses problems in the banking sector and investing in financial stocks.

  • Wall Street, dark, reflection

    One wealth manager says the "death of geography" is coming to the asset-management industry.

  • TORONTO, June 17- Royal Bank of Canada plans further expansion in the United States following its $5 billion acquisition of Los Angeles- based City National in November, Chief Executive Dave McKay said on Friday. RBC sees the United States as a key growth market, offering opportunities to expand its wealth management and capital markets businesses at a faster...

  • British companies are preparing for the possibility of a so-called Brexit after the country votes in its June 23 referendum on European Union membership, with the prospect of a "Leave" vote coming into sharp focus. Inbound cross-border M&A in the UK has reached $43.8 billion so far this year, down 74 percent from a year ago. Investment banking fees paid by UK...