Bitcoin surges above $69,000 to record high as investors sail into 'untested waters'

Bitcoin hits its first record high since November 2021. 


 
Bank of Canada to Keep Rates Steady, Moving Toward Possible June Cut

The Bank of Canada is expected to keep its main interest rate unchanged on Wednesday, with most economists believing the central bank is inching closer to rate cuts starting in June amid signs of slowing inflation, anemic consumption and lackluster business investment. 


 
The Problem Isn't Big Banks-It's Banks Getting Bigger

Going from a midsize lender to a larger one comes with regulatory and other challenges. 


 
Bitcoin Funds Pull In Money at Record Pace

BlackRock's bitcoin ETF is the fastest ever to reach $10 billion in assets after investors started piling into such funds in January. 


 
Chinese Stock Exchanges Hold Compliance Training for Quant Firms

Chinese stock exchanges have held a compliance training session for quant firms as part of ongoing efforts to curb volatility and boost investor confidence in domestic equities markets. 


 
Nine largest U.S. banks can handle their 'problematic' exposure to office real estate, S&P says

While those banks face headwinds, they're large enough to absorb any potential impact, analysts say 


 
Judge Strikes Down Law Requiring Corporate-Ownership Disclosure

An Alabama federal judge ruled the Corporate Transparency Act, a sweeping bipartisan anti-money-laundering law passed in 2021, was unconstitutional, leaving its future uncertain. 


 
NYCB's stock continues its slide despite analyst's vote of confidence

As interest rates remain high, the bank's exposure to multifamily housing is weighing on the minds of analysts. 


 
Financial Services Roundup: Market Talk

Gain insight on Bank of Ireland Group, Hipgnosis Songs Fund, BlackRock and more in the latest Market Talks covering Financial Services. 


 
Traders Are Betting More Aggressively Ahead of Economic Data

Many bond traders now feel they know which way the central bank and the economy are headed, along with how new data will shift markets.


(END) Dow Jones Newswires

03-05-24 1615ET