Financials (Legacy)

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Published 15/07/2019

LONDON (Reuters) - Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting [more…]

Hold the beers: Budweiser APAC IPO hit by investor push-back

Hold the beers: Budweiser APAC IPO hit by investor push-back

Published 15/07/2019

HONG KONG/NEW YORK/BRUSSELS (Reuters) - Scepticism over AB InBev’s high valuations doomed Budweiser APAC’s IPO of up to $9.8 billion - poised to be the [more…]

UK banks say business investment slowing further ahead of Brexit

UK banks say business investment slowing further ahead of Brexit

Published 15/07/2019

LONDON (Reuters) - Britain’s major banks have seen a growing number of business customers delay decisions on investments and borrowing in recent weeks, as the [more…]

U.S. proposes barring big tech companies from offering financial…

U.S. proposes barring big tech companies from offering financial…

Published 14/07/2019

(Reuters) - A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the [more…]

Elliott outspends rivals as corporate activism turns to Germany

Elliott outspends rivals as corporate activism turns to Germany

Published 11/07/2019

FRANKFURT/BOSTON (Reuters) - Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been [more…]

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Published 10/07/2019

BRUSSELS (Reuters) - The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a [more…]

Euro zone welcomes Croatia’s bid to join euro at the earliest in 2023

Euro zone welcomes Croatia’s bid to join euro at the earliest in 2023

Published 08/07/2019

BRUSSELS (Reuters) - Croatia has submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an early stage on the path to membership [more…]

Deutsche Bank shares rise after shake-up to cut 18,000 jobs

Deutsche Bank shares rise after shake-up to cut 18,000 jobs

Published 08/07/2019

FRANKFURT/SYDNEY/HONG KONG (Reuters) - Deutsche Bank (DBKGn.DE) shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the [more…]

U.S. Fed easing could prompt first China rate cut in four years -…

U.S. Fed easing could prompt first China rate cut in four years -…

Published 08/07/2019

SHANGHAI (Reuters) - China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers [more…]

Swiss Bank Julius Baer appoints insider Rickenbacher as CEO

Swiss Bank Julius Baer appoints insider Rickenbacher as CEO

Published 08/07/2019

ZURICH (Reuters) - Julius Baer (BAER.S) has appointed Philipp Rickenbacher as its new chief executive officer, the Swiss private bank said on Monday, opting for [more…]