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Bloomberg Bank of Montreal (BMO) agreed to sell its Europe, Middle East and Africa asset-management …
Read More »Ameriprise to buy BMO unit with $124bn in client funds
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Big US banks cut loans to record low again, as deposits jump
Bloomberg The 25 biggest US banks collectively reduced their loan holdings by 8% in the …
Read More »Credit Suisse cuts bonuses following Archegos loss
Bloomberg Credit Suisse Group AG slashed the amount of money set aside for bonuses by …
Read More »Ex-BOJ member Sakurai sees no rate cuts without fresh crisis
Bloomberg The Bank of Japan (BOJ) is highly unlikely to deepen its negative interest rate …
Read More »Goldman Sachs to open new office in Birmingham
Bloomberg Goldman Sachs Group Inc. is opening a new office in Birmingham, marking the investment …
Read More »Indian bank fined for misselling its riskier debt to individuals
Bloomberg India’s markets regulator fined Yes Bank Ltd. for claiming that riskier bonds it sold …
Read More »Goldman joins PineBridge to go bearish on Indonesian rupiah
Bloomberg Indonesia’s central bank says the rupiah is “very undervalued†following a two-month slide. Investment …
Read More »Bond yields climb as US futures steady before CPI
Bloomberg Bond yields climbed and US futures steadied as traders awaited inflation data, a Treasury …
Read More »Liquidity-obsessed China stock traders snub upbeat earnings
Bloomberg Stock investors in China are ignoring a spate of recent bullish earnings as worries …
Read More »Oil tops $60 as investors weigh near-term demand outlook
Bloomberg Oil gained, topping $60 a barrel, as investors continued to assess the recovery in …
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