Financials (Legacy)

Trading spike helps Julius Baer beat forecasts in January to April

Trading spike helps Julius Baer beat forecasts in January to April

Published 19/05/2020

ZURICH (Reuters) - A spike in trading volumes boosted margins for wealth manager Julius Baer (BAER.S) in the first four months of the year, even [more…]

Sony to take full control of listed financial arm for $3.7 billion

Sony to take full control of listed financial arm for $3.7 billion

Published 19/05/2020

TOKYO (Reuters) - Sony Corp (6758.T) will turn its financial arm, Sony Financial Holdings Inc (8729.T), into a wholly owned unit through a tender offer [more…]

Powell, Mnuchin to face Senate grilling on U.S. coronavirus response

Powell, Mnuchin to face Senate grilling on U.S. coronavirus response

Published 19/05/2020

WASHINGTON (Reuters) - The U.S. government’s handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary [more…]

WeWork directors seek to preserve right to sue owner SoftBank

WeWork directors seek to preserve right to sue owner SoftBank

Published 12/05/2020

(Reuters) - A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues [more…]

Apple launches new MacBook Pro with updated keyboard

Apple launches new MacBook Pro with updated keyboard

Published 04/05/2020

(Reuters) - Apple Inc on Monday launched an updated version of its MacBook Pro with modified keyboards, as the laptop line had faced criticism for [more…]

Banks baffle investors as art meets science in accounting rule

Banks baffle investors as art meets science in accounting rule

Published 04/05/2020

LONDON (Reuters) - Like the myriad approaches governments are taking to tackle the coronavirus crisis, the way the world’s top banks are calculating their potential [more…]

Norwegian Air gets $1 billion rescue after financial cliffhanger

Norwegian Air gets $1 billion rescue after financial cliffhanger

Published 04/05/2020

OSLO (Reuters) - Norwegian Air (NWC.OL) shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of [more…]

Special Report: How a corporate PR machine is trying to kill a Wall Street tax

Special Report: How a corporate PR machine is trying to kill a Wall Street tax

Published 02/05/2020

WASHINGTON (Reuters) - As Democratic presidential hopefuls descended on New Hampshire prior to the state’s Feb. 11 primary, John Tackeff was busy. The 27-year-old attended [more…]

US money market assets increased in latest week: iMoneyNet

US money market assets increased in latest week: iMoneyNet

Published 29/04/2020

NEW YORK, April 29 (Reuters) - U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the [more…]

Japan’s MUFG expects deep recession across GCC countries

Japan’s MUFG expects deep recession across GCC countries

Published 27/04/2020

DUBAI (Reuters) - Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T) expects countries in the six-nation Gulf Cooperation Council (GCC) to be in deep recession [more…]