By Howard Schneider WASHINGTON (Reuters) – Kansas City Federal Reserve President Esther George has urged her colleagues to come to…
Bloomberg to pay $5 million to settle SEC charges related to fixed-income valuations
By Chris Prentice NEW YORK (Reuters) – Bloomberg Finance LP has agreed to pay a $5 million fine to settle…
ECB rates have to rise significantly at steady pace, Lagarde says
FRANKFURT (Reuters) – The European Central Bank will keep raising interest rates quickly to slow inflation which remains far too…
Top hedge funds earned sharply less for clients in 2022, LCH data shows
By Svea Herbst-Bayliss (Reuters) -The 20 best performing hedge fund managers earned $22.4 billion for investors in 2022, marking their…
Defense firms set to post higher sales, McCarthy’s election clouds outlook
By Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing…
Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc’s asset management arm will significantly reduce the $59 billion of…
Emerson to not proceed with board nominations at takeover target NI Corp
(Reuters) -U.S. industrial software firm Emerson Electric Co said on Monday it would not nominate candidates for election to the…
Italy’s Intesa convinces investors on payouts
By Valentina Za MILAN (Reuters) -Italy’s top bank Intesa Sanpaolo has convinced investors of its ability to reward them, lifting…
Mexico headline inflation seen flat in early January, core inflation to slow
MEXICO CITY (Reuters) – Mexico’s headline inflation is forecast to have remained steady during the first half of January while…
Tech lifts European shares as economic outlook improves
By Sruthi Shankar and Amruta Khandekar (Reuters) -European stocks climbed on Monday, with technology firms spearheading gains, as optimism about…