Supreme Court To Hear Case That Could Be The Undoing Of Major Financial Regulator Katelynn Richardson on October 2, 2023 The Supreme Court will hear oral arguments Tuesday on the …
Financial
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(Reuters) – Ally Financial said on Monday job cuts in various divisions of the digital banking firm will affect nearly 5% of its workforce. Spooked by a turbulent economy, several …
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(Reuters) – Shares of Discover Financial Services climbed 7% on Monday after the bank agreed to improve its consumer compliance and related corporate governance as part of a consent order …
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LONDON (Reuters) – New York has easily remained the world’s top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and …
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(Reuters) – Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail …
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SEOUL (Reuters) – South Korea said on Tuesday it will begin accepting applications starting Oct. 18 from foreign financial institutions for permits to participate in the onshore dollar-won interbank market. …
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By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing …
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By Huw Jones LONDON (Reuters) – Easing rules to boost the post-Brexit global competitiveness of Britain’s financial sector can only be done while maintaining a resilient financial system, Bank of …
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SCHENECTADY, NY – The Schenectady Police Department has issued a warning about a scam involving individuals impersonating police officers to defraud money. The scam has occurred through both phone calls …
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(Reuters) – SVB Financial Group is closing in on an agreement to sell its venture-capital and credit investment business SVB Capital in order to avoid bankruptcy, the Wall Street Journal …
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By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on Friday, as the country struggles to claw out of its worst financial …
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By Chris Prentice NEW YORK (Reuters) – A top U.S. regulator on Monday proposed the creation of a federal registry to make it easier for investors and law enforcement to …
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By Michael S. Derby (Reuters) – Americans’ overall views on inflation were little changed in August, even as they predicted rising price increases for things like rent, homes and food, …
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How does the financial collapse of the wind farm operator affect Phil Murphy’s 2035 gas car ban? Orsted, the offshore wind energy company, appears ready to abandon New Jersey due …
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Orsted, the Danish company seeking to build a massive wind farm off the coast of New Jersey has been dealt multiple financial blows this week. After the company’s stock tumbled …
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By James Pomfret and Elaine Lies HONG KONG/TOKYO (Reuters) – In Hong Kong’s highest court, five judges are deliberating whether to recognise same-sex marriages conducted overseas. Their decision, expected later …
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MOSCOW (Reuters) – Russian President Vladimir Putin on Tuesday said volatility on financial markets had hampered companies’ investment decisions and was something that needed to be brought under control. “The …
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By Kanishka Singh WASHINGTON (Reuters) – U.S. Democratic Senator Dianne Feinstein has filed a lawsuit alleging financial elder abuse and breach of trust by the trustees of her late husband’s …
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(Reuters) – Digital banking firm Discover Financial Services said on Monday Roger Hochschild would step down as chief executive officer and a member of the board. The company, whose shares …
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ATLANTIC CITY, NJ – The final nail in the coffin for offshore wind energy projects on the East Coast might be in danger by the policies of the very same …
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TRENTON, NJ – The gas price in New Jersey and nationwide is up again. With prices edging close to $4 per gallon, the average price is $3.71 for regular unleaded, …
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Biden’s SEC Chair Says AI Technology Could Lead To Financial Collapse Jason Cohen on August 7, 2023 Securities and Exchange Commission (SEC) Chairman Gary Gensler warned that artificial intelligence (AI) …
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(Reuters) – U.S. bank Wells Fargo said on Monday Malcolm Price has joined its corporate and investment bank (CIB) as the head of financial sponsors, after 35 years at Credit …
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By Xie Yu and Selena Li HONG KONG (Reuters) – China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, …
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By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel on Wednesday warned of risks to the stability of the banking system due to possible economic consequences from the government’s …