Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

News Highlights: Top Financial Services News of the Day

share with twitter share with LinkedIn share with facebook
09/07/2020 | 01:16am EDT
Banks' Retreat From Commodities Is Set to Derail Small Traders 
 

European banks have grown wary of financing commodity traders, raising borrowing costs and endangering smaller firms in the market for raw materials.

 
Spanish Deal Talks Raise Prospect of European Banking Consolidation 
 

Spanish banks Caixabank and Bankia said they are exploring a merger to create the country's largest domestic lender, raising the often-debated prospect of consolidation in Europe's banking system.

 
Fed's Powell Says Economy Likely Will Need More Government Spending, Low Interest Rates 
 

Federal Reserve Chairman Jerome Powell said Friday's report showing 1.4 million Americans found or resumed work in August was good news, but the economy likely will require more government spending and low interest rates for years.

 
Malaysia Drops Goldman Sachs Criminal Charges Over 1MDB 
 

Malaysia has dropped criminal charges against units of Goldman Sachs over the bank's role in the alleged theft of billions of dollars from a government investment fund, a key step under the terms of a recent $3.9 billion settlement.

 
Financial Services Roundup: Market Talk 
 

The latest Market Talks covering Financial Services

 
Monte Dei Paschi Issues EUR300M Bond 
 

Italy's Monte dei Paschi di Siena has fulfilled one of the conditions set by the ECB to greenlight its bad-loan plan by issuing a EUR300 million tier 2 subordinated bond.

 
Exor Swings to Heavy Loss 
 

Exor reported a EUR1.32 billion net loss in the first half and saw the value of its assets tumble as it cautioned that it wasn't able to estimate the future effect of the coronavirus on its operations.

 
Economy Is Limping, but Revenue Is Soaring at Wall Street's Banks 
 

Investment-banking and trading revenues hit an eight-year high in the first half, a counterintuitive boom that shows the heavy hand of the Federal Reserve and the gulf between financial markets and the real economy.

 
Oversupply of Easy Money Sends European Borrowing Rates to Record Low 
 

The interest rate that European banks use to lend among themselves plumbed new depths this week in a sign of how credit markets have been distorted by central banks' aggressive measures this year.

 
Emerging-Market Bond Funds Face Reckoning 
 

The Covid-19 pandemic is a reminder that assets designed to produce higher returns in good times can post outsize losses when things go wrong.

 
 


Stocks mentioned in the article
ChangeLast1st jan.
BANKIA, S.A. 0.00% 1.0865 Delayed Quote.-42.68%
CAIXABANK, S.A. -0.68% 1.6035 Delayed Quote.-42.10%
EXOR N.V. -4.41% 44.64 Delayed Quote.-32.37%
THE GOLDMAN SACHS GROUP, INC. -2.71% 195.68 Delayed Quote.-14.90%
share with twitter share with LinkedIn share with facebook
Latest news "Economy & Forex"
08:36aFacebook, Twitter, Google CEOs to defend key law before U.S. Senate panel
RE
08:35aInvestment bank lifts Deutsche to surprise third-quarter profit
RE
08:34aCargill looks to use wind to cut carbon in shipping
RE
08:30aChina bought nearly 30% of Indian steel exports in April-Sept - data
RE
08:22aSunak to announce one-year spending plan on November 25
RE
08:21aTC Energy awards over $1.6 billion contracts for Keystone XL Pipeline project
RE
08:19aEuro dips on French lockdown fears, U.S. vote drives volatility gauges up
RE
08:15aNew York City Community Confronts Impact of NYPD Budget Cuts
DJ
08:13aGE posts quarterly profit as business recovers from pandemic lows
RE
08:09aMastercard profit falls as pandemic hits spending volumes
RE
Latest news "Economy & Forex"