(Reuters) – Galaxy Digital Holdings Ltd will buy crypto lender Celsius Network LLC-owned digital asset custody platform GK8, the crypto…
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave…
Fed’s Evans sees slower rate hike pace, “slightly higher” peak rate
By Bianca Flowers (Reuters) – The Federal Reserve will likely need to raise borrowing costs to a “slightly higher” peak…
As the Fed plans to ‘raise and hold,’ new projections may show the cost
By Howard Schneider WASHINGTON (Reuters) – New U.S. Federal Reserve projections, issued later this month alongside an expected half-point interest…
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks…
Reuters poll: U.S. house prices to fall 12% peak to trough – analysts
By Hari Kishan BENGALURU (Reuters) – A retreat in U.S. house prices will extend into next year, although the expected…
Credit fund outflows in 2022 unwind last year’s inflows -BofA
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding…
JPMorgan, BofA and Citi to slash banker bonuses – Bloomberg Law
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus…
U.S. Justice Department weighing new guidance on messaging apps, clawback policies -official
(This Dec. 1 story has been corrected to fix Nicole Argentieri’s title in paragraph 2) WASHINGTON (Reuters) – The U.S.…
Rapper Kanye West no longer plans to buy social media platform Parler
By Helen Coster (Reuters) -The parent company of social media platform Parler and American rapper Kanye West, who now goes…