Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys
Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys Source link
Read more Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for TreasurysTag: Banking/Credit
BOE to Embrace Uncertainty, and Bernanke’s Guidance, With Communications Revamp
The central bank place will more emphasis on developments that could upend its expectations and less on forecasts that convey too much certainty about the future. Paul Hannon…
Read more BOE to Embrace Uncertainty, and Bernanke’s Guidance, With Communications RevampExclusive | How a Handyman’s Wife Helped an Hermès Heir Discover He’d Lost $15 Billion
Nicolas Puech says his wealth manager isolated him from friends and family and siphoned away a massive fortune. Then came the clue that began to reveal the deception.…
Read more Exclusive | How a Handyman’s Wife Helped an Hermès Heir Discover He’d Lost $15 BillionCanada’s Bank Supervisor to Propose Easing of Financial-Stability Rules
WSJ ProOct. 10, 2025 5:05 pm ET OTTAWA—Canada’s banking regulator said the watchdog would issue proposals in the coming months to ease capital-buffer requirements amid the abrupt change…
Read more Canada’s Bank Supervisor to Propose Easing of Financial-Stability RulesCanada’s Banking Sector Needs Increased Competition, Bank of Canada Official Says
WSJ ProUpdated Oct. 9, 2025 11:40 am ET OTTAWA—The Bank of Canada’s No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country’s…
Read more Canada’s Banking Sector Needs Increased Competition, Bank of Canada Official SaysComerica Stock Soars. Fifth Third to Buy Peer for $10.9 Billion as Bank Mergers Heat Up.
Fifth Third Buys Comerica for $10.9B in Year’s Biggest Bank Deal. Which Firms Might Be Next. Source link
Read more Comerica Stock Soars. Fifth Third to Buy Peer for $10.9 Billion as Bank Mergers Heat Up.
Barclays to buy retail banking arm of supermarket chain Tesco for £600 million
Tesco on Friday said it was selling the retailing banking business of Tesco Bank to Barclays for £600 million initially, and then another £100 million after the settlement…
Read more Barclays to buy retail banking arm of supermarket chain Tesco for £600 million
Trump says Powell is being ‘political’ with interest rates
Former President Donald Trump on Friday criticized Federal Reserve Chair Jerome Powell and said he’s playing politics with interest-rate policy. “It looks to me like he’s trying to…
Read more Trump says Powell is being ‘political’ with interest rates
What Biden’s decision to pause new U.S. LNG exports means for the energy market
The Biden administration’s announcement Friday that it’s pausing liquefied natural gas export approvals sparked political backlash, drew cheers from climate activists and stoked uncertainty in energy markets, but…
Read more What Biden’s decision to pause new U.S. LNG exports means for the energy market
3 things to know about how the Fed might roll back quantitative tightening
The notion that the Federal Reserve will soon slow, or perhaps even end, its program of quantitative tightening is increasingly being talked about on Wall Street like a…
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BOJ Closer to Achieving Sustainable Inflation, Ueda Says
By Megumi Fujikawa Bank of Japan Gov. Kazuo Ueda said Tuesday that the bank was getting closer to finally achieving sustainable inflation, adding to market expectations for a…
Read more BOJ Closer to Achieving Sustainable Inflation, Ueda Says
Oaktree Capital calls commercial real estate ‘most acute area of risk’ right now
Distressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian,…
Read more Oaktree Capital calls commercial real estate ‘most acute area of risk’ right now
Hang Seng leads selloff for Asia stocks, with 4% slump after China data
TOKYO (AP) — Asian shares slid Wednesday after a decline overnight on Wall Street and disappointing China growth data, while Tokyo’s main benchmark momentarily hit another 30-year high.…
Read more Hang Seng leads selloff for Asia stocks, with 4% slump after China data
SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approval
The Securities and Exchange Commission on Friday said that a social-media post on X falsely stating that it had approved spot bitcoin exchange-traded funds was created after an…
Read more SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approval
After Bitcoin ETFs, watch for the next most popular crypto to go the same route
After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether ETFs. The U.S. Securities and…
Read more After Bitcoin ETFs, watch for the next most popular crypto to go the same route
Vanguard Won’t Offer Spot Bitcoin ETFs on Its Platform
Updated Jan. 11, 2024 3:06 pm ET Bitcoin’s trip to Main Street just took a detour. Vanguard said Thursday it won’t offer the new spot bitcoin exchange-traded funds…
Read more Vanguard Won’t Offer Spot Bitcoin ETFs on Its Platform
Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SEC
On Wednesday, the U.S. Securities and Exchange Commission for the first time greenlighted several exchange-traded funds investing directly in bitcoin. But the 24 hours leading up to that…
Read more Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SEC
SEC Approves Bitcoin ETFs for Everyday Investors
Updated Jan. 10, 2024 5:56 pm ET The U.S. Securities and Exchange Commission voted Wednesday to allow mainstream investors to buy and sell bitcoin as easily as stocks…
Read more SEC Approves Bitcoin ETFs for Everyday Investors
Alphabet, Heico, Bluebird Bio, Plug Power, UBS, FedEx, and More Stock Market Movers
Dec 19, 2023, 4:31 am EST Stock futures traded flat Tuesday, a day after the S&P 500 finished up 0.5% and moved closer to its all-time. The broad…
Read more Alphabet, Heico, Bluebird Bio, Plug Power, UBS, FedEx, and More Stock Market Movers
Fed could be the Grinch who 'stole' cash earning 5%. What a Powell pivot means for investors.
Yields on 3-month BX:TMUBMUSD03M and 6-month BX:TMUBMUSD06M Treasury bills have been seeing yields north of 5% since March when Silicon Valley Bank’s collapse ignited fears of a broader…
Read more Fed could be the Grinch who 'stole' cash earning 5%. What a Powell pivot means for investors.