Bloomberg The Federal Reserve Bank of New York will shrink its repurchase-agreement operations more than …
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Morgan Stanley names FX co-heads in latest overhaul
Bloomberg Morgan Stanley, the Wall Street lender overhauling its currency-trading business after losses and an …
Read More »HSBC braces for overhaul as Quinn’s future in balance
Bloomberg From its headquarters near the Thames to its Asian hub by the South China …
Read More »Citigroup keeps CEO’s pay unchanged at $24 million
Bloomberg Citigroup Inc kept Chief Executive Officer Michael Corbat’s total compensation at $24 million for …
Read More »UAE a bridge to promote Korean culture to Mideast
ABU DHABI / WAM Endowed with abundant cultural resources and a large-scale economy, the UAE …
Read More »Oil rallies amid signs virus spread is easing
Bloomberg Oil extended its rebound above $50 a barrel as tentative signs that Asia’s coronavirus …
Read More »BOE joins debate on financial rules amid UK-EU Brexit clash
Bloomberg Two top Bank of England (BOE) officials suggested that the UK financial system’s rules …
Read More »Powell suggests Fed may lack ammo to combat next recession
Bloomberg Federal Reserve Chairman Jerome Powell came close to acknowledging that the central bank may …
Read More »Malaysia sees room to cut interest rates
Bloomberg Malaysia’s central bank sees room to adjust monetary policy again after economic growth slowed …
Read More »ECB officials defend rates with eye on side effects
Bloomberg Three of the European Central Bank’s (ECB) top policy makers defended their monetary stimulus …
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