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…
Turkey preps draft law for debt restructuring before elections -Erdogan
ISTANBUL (Reuters) – Turkey’s ruling AK Party is preparing a draft law to let people and companies restructure debt to…
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…
Lula says Brazil and Argentina will study common currency for trade
BUENOS AIRES (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday said Brazil and Argentina are studying 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…