Log in
E-mail
Password
Show 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
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

News Highlights: Top Financial Services News of the Day

10/08/2020 | 11:16am EDT
Fed's George: Economy Has Recovered More Quickly Than Expected 
 

Kansas City Fed leader Esther George said considerable risk remains over the economic outlook.

 
Morgan Stanley to Acquire Eaton Vance for $7 Billion 
 

The bank is buying fund manager Eaton Vance just days after completing its takeover of discount broker E*Trade Financial, continuing its shift away from trading toward steadier, simpler businesses like money management.

 
Banks' Arctic Financing Retreat Rattles Oil Industry 
 

Defenders of the oil-and-gas industry are fighting back against banks who want to stop financing new Arctic-drilling projects, fearing it could be a harbinger of an unbankable future for fossil-fuel companies.

 
Wells Fargo CEO Finds Himself on Defense After a Tough First Year 
 

A long list of challenges confronted Wells Fargo Chief Executive Charles Scharf when he was brought in to restore the bank's tarnished reputation. In the year since, his problems have only multiplied.

 
Chinese Fintech Company Lufax Plans U.S. IPO 
 

Even as some Chinese companies are opting to sell stock closer to home, Lufax plans to raise about $3 billion from a U.S. initial public offering, a person familiar with the situation said.

 
JPMorgan Unveils Push to Bridge Racial Wealth Gap 
 

America's largest bank is focusing on expanding access to affordable housing and boosting minority-owned small businesses.

 
Startup CFOs Get Some Help From Counterparts at Venture Funds 
 

Finance chiefs at some startups are turning to their venture-fund counterparts for guidance during the coronavirus pandemic, which for some executives triggered the first economic crisis in their professional lives.

 
Harvard Spins Out Natural-Resources Team, Ending Long Chapter at Endowment 
 

The university's endowment has spun out its natural-resources team into an independent investment firm that will take over some of the endowment's portfolio of orchards, farms and plantations.

 
Financial Services Roundup: Market Talk 
 

The latest Market Talks covering Financial Services

 
Regulators Fine Citigroup $400 Million Over 'Serious Ongoing Deficiencies' 
 

In a consent order agreed to by the New York bank's board, the Federal Reserve faulted Citigroup for falling short in "various areas of risk management and internal controls."

(END) Dow Jones Newswires

10-08-20 1115ET

Stocks mentioned in the article
ChangeLast1st jan.
CITIGROUP INC. -1.82% 70.51 Delayed Quote.14.35%
JPMORGAN CHASE & CO. -0.78% 169.5 Delayed Quote.34.45%
LONDON BRENT OIL 0.30% 84.72 Delayed Quote.66.07%
MORGAN STANLEY -0.38% 100.28 Delayed Quote.46.33%
WELLS FARGO & COMPANY 0.34% 50.33 Delayed Quote.66.77%
WTI 0.39% 82.598 Delayed Quote.73.60%
Latest news "Economy & Forex"
05:41aLondon Stock Exchange warns on supply chain shortages
RE
05:31aStellantis powers up electric plans with Samsung SDI U.S. deal
RE
05:23aEXCLUSIVE : SoftBank in talks to sell French robotics business to Germany's United Robotics -sources
RE
05:15aCHINA EVERGRANDE : Equities eye third week of gains after tech boost, dollar dips
RE
04:58aEuro zone business growth slowed in October, prices soared -PMIs
RE
04:57aU.S. says firms may meet chip data request amid Taiwan, South Korea concerns
RE
04:53aDollar set for second week of declines but outlook bullish
RE
04:53aChip crunch to cut Renault's 2021 output by 500,000 cars
RE
04:31aS.Africa's Eskom had 'fruitful' talks with Western climate envoys -CEO
RE
04:31aREFILE-Sterling dips after retail sales miss forecasts
RE
Latest news "Economy & Forex"