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Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Bank of Mexico hikes key interest rate to 11.25%, takes dovish tone on future moves By Reuters

© Reuters. FILE PHOTO: The logo of Mexico’s Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico August 9,

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Federal Charges
Finances

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Federal Charges

Markets Currencies Cryptocurrency Lawyer says latest charges go against terms of the extradition agreement with the Bahamas Source link

Exclusive: Exness promotes Alina Kamalova to Head of Marketing Strategy & Transformation
Finances

Exclusive: Exness promotes Alina Kamalova to Head of Marketing Strategy & Transformation

FNG Exclusive… FNG has learned that leading multi-asset broker Exness has promoted Cyprus based executive Alina Kamalova to the new position of Head of Marketing

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

China calls US debt trap accusation ‘irresponsible’ By Reuters

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden’s proposed

Wall Street Bonuses Fall by Most Since 2008
Finances

Wall Street Bonuses Fall by Most Since 2008

The average bonus was $176,000 last year, down 26% from 2021. Source link

Finances

Banking stress could last longer than many expect By Reuters

© Reuters. FILE PHOTO: President of the Federal Reserve Bank on Minneapolis Neel Kashkari speaks during an interview in New York, U.S., March 29, 2019.

Fed, Treasury Fine Wells Fargo for Sanctions Violations
Finances

Fed, Treasury Fine Wells Fargo for Sanctions Violations

Markets Financial Regulation Federal Reserve and the Treasury Department are fining the bank $97.8 million Source link

No let up for world stocks as banking worries persist By Reuters
Finances

Getting inflation down argues for no rate cuts this year By Reuters

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – Federal Reserve Bank

White House Calls for Tougher Midsize Bank Rules
Finances

White House Calls for Tougher Midsize Bank Rules

The changes would apply to banks with $100 billion to $250 billion in assets. Source link

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Fed’s Collins leans toward one more rate hike then hold for rest of year By Reuters

© Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst By Michael S. Derby WASHINGTON