Page 20 - Services Roundup News Today

Barclays Hit After Warning on Costs, Margin Guidance Barclays lowered its U.K. net interest margin guidance for 2023 and posted lower-than-expected third-quarter income growth, with income at...

How FTX Executives Secretly Spent $8 Billion in Customer Money Billions went to personal loans, luxury real estate and donations. Citi to Sell China Consumer Wealth Portfolio to HSBC ...

Fed Still Has to Run Final Mile on Inflation, Feds Mary Daly Says The San Francisco Fed president says tighter financial conditions could lessen the need for further action from the central...

How Much Will It Cost to Defeat Inflation? The economic cost of the battle against inflation is only beginning to emerge, but there are mounting signs that Europe could be among the hardest...

Troubled Chinese Trust Company Brings In State Help Shadow-banking giant Zhongrong Trust set off alarms last month when it failed to make payments on high-yielding investment products. ...

Rising Rates Make Big Companies Even Richer The Fed raised interest rates to slow the economy-but at some big companies, the moves had the opposite effect, boosting profits and spending power....

Binance.US CEO Leaves Embattled Crypto Exchange Brian Shroder, who took the helm of Binance.US in 2021, will be succeeded on an interim basis by the companys chief legal officer. SEC Sues...

Feds Williams says monetary policy is in a good place, recession talk has vanished New York Fed President John Williams said interest-rate policy is in a good place and policymakers are...

China Central Bank to Cut Forex Reserves Ratio The Chinese central bank said it would lower the amount of foreign-exchange deposits banks will have to hold, a move seen as a bid to shore up the...

China Central Bank to Cut Forex Reserves Ratio The Chinese central bank said it would lower the amount of foreign-exchange deposits banks will have to hold, a move seen as a bid to shore up the...