Any bank merger in Germany must create competitive lender, Bundesbank chief says
FRANKFURT (Reuters) – Any bank merger in Germany must create a competitive institution robust enough to support economic growth, Bundesbank…
Broker First Horizon to pay fine to settle US SEC charges, regulator says
NEW YORK (Reuters) – Broker-dealer First Horizon (NYSE:FHN) Advisors, Inc has agreed to pay a civil penalty of $325,000 in…
Fed expected to guide for “larger sized” future interest rate cuts – Citi
Investing.com — The Federal Reserve will likely indicate on Wednesday that it plans to roll out “larger sized” interest rate reductions…
Germany’s Commerzbank has a bumpy history with big M&A
By Tom Sims FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when…
US single-family housing starts surge; building permits rise moderately
WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits suggested that the…
US funding rate spike could signal ‘quirk’ in its calculation, says Deutsche Bank
By Davide Barbuscia NEW YORK (Reuters) – A recent jump in a key U.S. overnight funding rate could be the…
Google’s Privacy Sandbox adoption costs burden small ad-tech firms, industry says (Sept.9)
(This Sept. 9 story has been corrected to say that Dennis Buchheim is the CEO of ThinkMedium, not CTO, in…
Amazon raises pay of US hourly workers in fulfillment, transport ops
(Reuters) -Amazon.com is raising the pay of its fulfillment and transportation staff in the United States by at least $1.50…
Why these analysts say the Fed should “front-load” cuts in potential easing cycle
Investing.com — The Federal Reserve should not only begin a new cycle of interest rate cuts at its upcoming gathering this…
US home builder confidence edges up as rate cut looms
(Reuters) – U.S. home builder confidence edged up in September as mortgage rates fell, breaking four months of consecutive declines,…