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