The London Stock Exchange seeks to ignite initial public offerings of so-called blank-check companies, which are surging in the U.S.
Euronext Submits Borsa Italiana Bid
Euronext has submitted a non-binding offer to buy Borsa Italiana from the London Stock Exchange and said the combination would create a leading player in continental European capital markets, with Italy the largest revenue contributor to the enlarged group.
Hannover Profit Outlook Still Uncertain
Hannover Re forecast large loss expenditure to remain at the expected level for the third quarter but said it still couldn't issue reliable profit guidance for the year.
Why Fed Officials Are Pushing for More Stimulus
Central bankers want more stimulus from Congress because new research says spending, not lower rates, would do more to prevent deeper economic scars among the unemployed, businesses and state governments from the pandemic.
China Serves Up Pig-Backed Loans for Its Hogtied Farmers
China is so desperate to rebuild pig herds after swine fever that its banks are experimenting with loans to farmers backed by a novel asset: their hogs.
Former Deutsche Bank Traders Face Trial in Test of Spoofing Crackdown
A criminal trial is set to take place in Chicago next week that will test a federal campaign against a trading tactic called spoofing, in this case the attempt of two traders to rig precious-metals prices.
European Central Bank Smothers Government Bond Market
The central bank is vacuuming up sovereign bonds faster than governments can pump them out, keeping a tight lid on borrowing costs as the region spends on coronavirus relief measures.
Banking Is Now Ahead of Other Industries in Promoting Women
Citigroup's appointment of Jane Fraser as its next chief executive reflects efforts to elevate women across banking, though many say work remains to transform the industry.
NYSE Signals It Will Exit New Jersey if State Taxes Stock Trades
The New York Stock Exchange plans to run one of its exchanges from a backup site in Chicago for a week as a demonstration of its readiness to quit the state over a proposed tax on financial transactions.
Here Are the Top Women in U.S. Banking
With Jane Fraser named this week as Citigroup's new CEO, here is a look at the women who lead major businesses at the nation's biggest banks.