Financials (Legacy)

White House adviser Kevin Hassett to leave this summer: Axios

White House adviser Kevin Hassett to leave this summer: Axios

Published 22/06/2020

(Reuters) - White House adviser Kevin Hassett will leave the administration of U.S. President Donald Trump this summer, Axios reported bit.ly/2Npsi61 on Monday, citing two [more…]

Square Capital says it has issued $820 million of PPP loans

Square Capital says it has issued $820 million of PPP loans

Published 15/06/2020

NEW YORK (Reuters) - Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of [more…]

U.S. Federal Reserve resumes normal bank exams

U.S. Federal Reserve resumes normal bank exams

Published 15/06/2020

WASHINGTON (Reuters) - The U.S. Federal Reserve announced Monday it was resuming its normal bank examination activities, after easing back at the outset of the [more…]

U.S. money market assets decreased in latest week: iMoneyNet

U.S. money market assets decreased in latest week: iMoneyNet

Published 10/06/2020

NEW YORK, June 10 (Reuters) - U.S. money market fund assets decreased by $24.84 billion to $4.668 trillion in the week ended June 9, the [more…]

UK says demand for COVID loans hits nearly 35 billion pounds

UK says demand for COVID loans hits nearly 35 billion pounds

Published 09/06/2020

LONDON (Reuters) - British businesses have borrowed nearly 35 billion pounds ($44 billion) under three emergency credit programmes for companies hit by the coronavirus crisis [more…]

ECB contemplating dividend moratorium extension, Enria says

Published 09/06/2020

FRANKFURT (Reuters) - The European Central Bank is contemplating whether to extend a request to banks to hold off on dividend payments and share buybacks, [more…]

Online used car seller Vroom raises $467.5 million in upsized U.S. IPO

Online used car seller Vroom raises $467.5 million in upsized U.S. IPO

Published 09/06/2020

(Reuters) - Online used car seller Vroom Inc raised $467.5 million in its U.S. initial public offering, the company said on Monday, as the IPO [more…]

A crisis that has blunted the euro’s global profile

A crisis that has blunted the euro’s global profile

Published 21/05/2020

LONDON (Reuters) - The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as [more…]

Northern Trust shutting fund- an outlier or sign of future risk?

Northern Trust shutting fund- an outlier or sign of future risk?

Published 20/05/2020

BOSTON (Reuters) - Northern Trust Corp’s decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on [more…]

Switzerland’s Sunrise, French-owned Salt link up in $3 billion broadband JV

Switzerland’s Sunrise, French-owned Salt link up in $3 billion broadband JV

Published 19/05/2020

ZURICH (Reuters) - Swiss telecoms operator Sunrise Communications Group and French billionaire Xavier Niel’s Salt Mobile on Tuesday pledged to invest up to 3 billion [more…]