The US Producer Price Index Rises 0.2% In August
The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise ...
US Regulators Set To Unveil Major Changes To Bank Capital Rules
In a move that could significantly reshape the landscape of American banking, U.S. regulators are poised to unveil sweeping changes ...
Morgan Stanley Fined $2M Over Insider Trading Lapses Linked to First Republic
As part of the settlement, Morgan Stanley is required to review and improve its internal policies to better oversee stock ...
The S&P 500 Has Gained Over 18% From January To August. What Can We Expect In The Final Quarter Of 2024?
The S&P 500 has surged more than 18% from January to August, marking its strongest first eight months since 2021 ...
UK Financial Sector Gears Up For Potential Tax Surge Under Labour
British banks are reportedly ramping up their lobbying efforts to stave off potential tax hikes, as the newly elected Labour ...
BNY Mellon Agrees To $5M Settlement With CFTC Over Swap Reporting Failures
The CFTC's investigation revealed that BNY Mellon failed to accurately report over 5 million swap transactions. BNY Mellon has agreed ...
Fed Unveils New Capital Requirements For Big Banks, Eases Pressure On Goldman Sachs
In a move that has captured the financial world's attention, the U.S. Federal Reserve has announced its latest set of ...
Wall Street Rises As Key Consumer Confidence Gauge Shows Gains
Wall Street's main indexes advanced this Tuesday after the latest data showed that consumer confidence rose to 103.3 in August ...
Monzo Tops The List As Britain’s Favorite Bank, Leaving Big Names Behind
In a major industry-wide survey commissioned by the Competition and Markets Authority (CMA), the digital bank Monzo has emerged as ...
Fed’s Chairman Jerome Powell Signals September Rate Cut, Sending Markets Higher
Powell's announcement led to a positive response in financial markets, with Bitcoin, traditional stock indices, and gold surging. The likelihood ...
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