Investors Bet That Visa, Mastercard Can Stand Up to Libra
Investors are betting that Facebook's efforts to create a blockchain-based payments system won't threaten credit-card companies' winning streak-at least for now.
Deutsche Bank Senior U.S. Bankers Poised to Leave
Two of Deutsche Bank's top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment bank.
Government Bonds Rally as ECB Signals Easing Soon
Government-bond yields around the world fell to fresh lows for the year after European Central Bank President Mario Draghi said the bank could soon add stimulus to support the region's economy.
Odebrecht Bankruptcy to Hurt Brazilian State-Owned Banks
Brazil's huge state-controlled banks are bracing for heavy losses after the construction conglomerate Odebrecht filed Monday night for one of Latin America's largest-ever bankruptcies.
The Downsides of Central Bank Mission Creep
Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh central banks more in politics-and make them less reliable for investors.
Markets Bet on Fed Rate Cut-but Goldman, UBS Don't Agree
Despite the market's conviction, analysts from Goldman Sachs to Bank of America doubt the Fed will cut rates this summer. As the central bank kicks off its meeting, here's a look at what analysts are calling for and why.
ECB Signals Possible Rate Cut, Prompting Trump Rebuke
European Central Bank President Mario Draghi signaled that the bank could roll out fresh stimulus as soon as July, sending the euro lower against the dollar and prompting an unusual rebuke from President Trump.
Fed Policy Makers Debate Rate Cut
Officials conferring at this week's policy meeting could weigh prospects for U.S.-China trade progress at the G-20.
Community Bank Stocks Hit by New York Rent Reform
The fallout from New York's rent reform reaches community banks.
Swedbank Suspends Bosses of Estonian Unit
Swedbank has suspended the chief executive and chief financial officer of its Estonian business as an internal investigation continues into compliance of money laundering rules at the bank.