BLOOMBERG Signature Bank insiders sold a total of more than $100 million of company stock in the past three years, after the company began attracting cryptocurrency clients, the Wall Street Journal (WSJ) has reported. Chairman Scott Shay, Chief Executive Officer Joseph DePaolo and Chief Operating Officer Eric Howell accounted for about half of the total, the newspaper said, citing its ...

BLOOMBERG Australia’s central bank (RBA) paused its almost yearlong tightening cycle, highlighting policy lags and a “substantial” slowdown in household spending while keeping the door open to further interest-rate increases. The currency and government bond yields slid after the Reserve Bank of Australia kept the cash rate unchanged at 3.6%, in line with a majority of economists and market expectations. ...

BLOOMBERG Stocks and US index futures dropped as hawkish messages from the New Zealand and Australian central banks signalled a prolonged fight against inflation and revived concerns about an economic slowdown. Contracts on the S&P 500 Index slipped 0.2% and Europe’s Stoxx 600 declined for a third day. Gold traded near a 13-month high, while Treasury yields rose. Nvidia Corp ...