Public Companies Consider New Controls to Prepare For Audit Rule
The Public Company Accounting Oversight Board rule, which began taking effect in phases this summer, requires independent auditors to disclose what they found to be most challenging in reviewing companies' financial statements.
Why Fed Officials Aren't Saying More About the Interest Rate Outlook
Fed Chairman Jerome Powell is leading his colleagues to cut rates by a quarter percentage point at their meeting this week, for the second time in as many months.
A New Central Bank Approach: Pay Banks to Lend
If you think negative interest rates are weird, brace yourself: The European Central Bank is about to start lending to some banks at less than it pays them for putting money on deposit.
HSBC's Geopolitical Balancing Act
When investors worry about geopolitical risk, they tend to think of oil producers or car makers exposed to tariff threats. One company that gets less attention than it should is HSBC.
Deutsche Bank Doesn't Expect Capital Increase - Rheinische Post
Deutsche Bank Chief Executive Christian Sewing said the German lender won't need a capital increase if it manages to restructure its portfolio in the way it plans to.
Kinnevik Trims Zalando Stake
Investment company Kinnevik has sold a 5.2% stake in online retailer Zalando for EUR558 million but remains its biggest shareholder.
PBOC Injects $28.3 Billion of Liquidity via Medium-Term Lending Facility
China's central bank injected $28.3 billion of liquidity into the banking system via the medium-term lending facility, while keeping the interest rate of the monetary tool unchanged.
RBA Leaves Door Open to Cut Again; Timing Uncertain
The Reserve Bank of Australia has kept the door open to cut interest rates further, but for now is assessing the impact of cuts announced in June and July.
Why Some Banks Are Ditching Their State Regulators
Joseph Otting, comptroller of the U.S. currency, is trumpeting his agency's oversight as a good business proposition.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services