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Marex registers 29% rise in revenues in 2022
Finances

State Street reports 8% Y/Y drop in revenues from FX trading services in Q2 2023

State Street Corporation (NYSE:STT) reported its second-quarter 2023 financial results today. Foreign exchange trading services decreased 8% and 11% compared to 2Q22 and 1Q23, respectively,

Citi reports 13% Y/Y drop in ICG Markets revenues in Q2 2023
Finances

Citi reports 13% Y/Y drop in ICG Markets revenues in Q2 2023

Citigroup Inc (NYSE:C) today reported its financial results for the second quarter of 2023. The Institutional Clients Group (ICG) delivered revenues of $10.4 billion in

JPMorgan's Jamie Dimon to be deposed in Epstein case, plaintiffs' lawyer says By Reuters
Stock Market

JPMorgan Chase reports rise in second quarter profit amid elevated interest income By Investing.com

© Reuters Investing.com — JPMorgan Chase & Co. (NYSE:) has a jump in net income and higher-than-expected adjusted revenue for the second quarter, as the biggest

European stock futures lower; oil prices surge on OPEC+ cut
Stock Market

European stock futures edge lower; Ericsson reports sharp drop in 2Q profit By Investing.com

© Reuters. Investing.com – European stock markets are expected to open slightly lower Friday, as investors bank profits after a strong week, waiting for the

Internet Archive's digital book lending violates copyrights, US judge rules By Reuters
Stock Market

Progressive reports disappointing results, shares tank By Investing.com

© Reuters. Progressive (PGR) reports disappointing results, shares tank Shares of Progressive Corp. (NYSE:) declined Thursday after it reported June and second quarter results. The insurance

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Business

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports

Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link

Faraday Future interim CFO resigns, firm to restate certain financial reports By Reuters
Stock Market

Faraday Future interim CFO resigns, firm to restate certain financial reports By Reuters

© Reuters. FILE PHOTO: Faraday Future’s luxury electric car FF91 is seen at the company’s headquarters in Gardena, California, U.S. November 21, 2019. REUTERS/Lucy Nicholson/File

Individuals behind Bespoke Markets Group get prison terms
Finances

Merrill Lynch to pay $6M to settle SEC charges for failure to file Suspicious Activity Reports

The Securities and Exchange Commission (SEC) today announced charges against Merrill Lynch, Pierce, Fenner & Smith Incorporated and its parent company BAC North America Holding

Finances

US Treasury seeks large position reports on bill maturing around debt ceiling deadline By Reuters

© Reuters. FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder WASHINGTON (Reuters) – The U.S. Treasury

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

Singapore’s Temasek reports portfolio value drop, positive on China tech By Reuters

3/3 © Reuters. Temasek’s CIO Rohit Sipahimalani speaks during their annual Temasek Review in Singapore July 11, 2023. REUTERS/Edgar Su 2/3 By Yantoultra Ngui and