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Salesforce's Benioff Lives to Deal Another Day
Finances

Salesforce's Benioff Lives to Deal Another Day

Quelling a proxy challenge buys the cloud-software pioneer time, but pressure to juice its bottom line won’t abate. Source link

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

Fed’s Barr says regulators committed to ensuring ‘all deposits’ are safe By Reuters

© Reuters. Michael Barr is sworn as Federal Reserve Vice Chair for Supervision by U.S. Federal Reserve Chairman Jerome Powell in the press briefing room

Deutsche Bank Stock Price Rebounds Even as Worries Persist
Finances

Deutsche Bank Stock Price Rebounds Even as Worries Persist

The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link

US banking concerns shift from crisis to growth woes By Reuters
Finances

US banking concerns shift from crisis to growth woes By Reuters

© Reuters. A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
Finances

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase

The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens

U.S. mid-tier lenders gain on SVB deal, hopes of more govt. support By Reuters
Finances

Fed Swaps Once Again Show Hike More Likely Than Not for May By Bloomberg

&copy Bloomberg. The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Saturday, June 26, 2021. The Federal Reserve might consider an interest-rate

Carnival's Ship Will Come In Eventually
Finances

Carnival's Ship Will Come In Eventually

The leading cruise line’s recovery is delayed amid a mountain of debt, but it has a path to profitability. Source link

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Finances

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

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

Brazil’s monetary policy director leaves office amid government uncertainty over replacement By Reuters

© Reuters. FILE PHOTO: People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado/File Photo BRASILIA (Reuters) –

CFTC Sues Binance Holdings in Chicago Federal Court
Finances

CFTC Sues Binance Holdings in Chicago Federal Court

The Commodity Futures Trading Commission alleges the operator of the world’s largest cryptocurrency exchange violated U.S. rules that require futures and other derivatives to be