Bloomberg Morgan Stanley and Bank of America Corp (BofA) were the first of the big six Wall Street banks to announce bond sales, combining to sell $9 billion of new bonds, as the market gears up for the usual deluge of debt from the US lenders following their respective earnings reports. Morgan Stanley sold $6 billion of new debt in ...

Bloomberg Bank of Montreal (BMO) has received approval from the Federal Reserve to acquire San Francisco-based Bank of the West, a combination that will create the 15th-largest US lender. After the transaction, Bank of Montreal US subsidiary BMO Financial Corp. will have consolidated assets of $286.8 billion, representing about 1% of those held by insured depository institutions in the US, ...

Bloomberg Coinbase Global Inc. is halting operations in Japan, less than a month after another major digital asset exchange Kraken announced its withdrawal from the country. Customers will have until February 16 to withdraw their fiat and crypto holdings, Coinbase said in a blog post on Wednesday. Any remaining crypto held at Coinbase on or after February 17 will be ...