Featured Mastercard, US banks test tokenised settlement Aya Anwar May 8, 2024 0 Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Featured Morgan Stanley enters bond market post Q1 revenues announcement Aya Anwar Apr 17, 2024 0 Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
International News Wells Fargo reaches $1.2 billion U.S. mortgage settlement Noha Gad Apr 9, 2016 0 Wells Fargo & Co (WFC.N) has formally reached a $1.2 billion settlement to end a U.S. Department of Justice…
USA US Stocks: Futures poised for Rebound ahead of Key Bank Earnings Yomna Yasser Apr 14, 2015 0 U.S. stocks were poised for a rebound Tuesday, with futures ticking higher ahead of retail-sales data and the first…
Financial Institutions Moody’s downgrades General Electric’s Debt after News to exit GE Capital Yomna Yasser Apr 11, 2015 0 Moody's Investors Service downgraded on Friday General Electric Co.'s senior unsecured debt rating to A1 from Aa3,…
Tech news Buffett’s Berkshire Discloses $528.7 Million Verizon Bet Salma Ayman May 17, 2014 0 Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) disclosed a holding in Verizon Communications Inc. (VZ) in a wager…
Banks Citigroup to BofA Spurn Treasuries to Hoard Cash on Taper Risk Yomna Yasser Dec 2, 2013 0 Never before have America’s banks been so wary of risking their cash deposits on U.S. government debt. After…
Indices news Facebook IPO: Several Brokerages Stopped Taking Orders Amwal Al Ghad English May 17, 2012 0 Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have…
Banks U.S. Banks Have Ample Liquidity: Warren Buffett Administrator May 6, 2012 0 Warren Buffett, whose Berkshire Hathaway Inc. (BRK/A) has more than $19 billion invested in U.S. banks, said the…
World Nikkei Lower For Sixth Day Amid BOJ Holds Fire Yomna Yasser Apr 10, 2012 0 Japan's Nikkei share average fell for a sixth straight day on Tuesday, if only by 0.1 percent, after the Bank of…