Fed Prepares Slower Pace of Runoff for $7.4 Trillion Portfolio 'Fairly Soon' 

Officials have been allowing $60 billion in Treasurys to mature every month, but could lower that amount.

KPMG Fined Record $25 Million in Exam-Cheating Scandal 

The fine on the auditing firm's Netherlands unit is the largest ever from the Public Company Accounting Oversight Board, eclipsing its $8 million levy on Deloitte Brazil in 2016.

Switzerland Moves to Hike UBS Capital Requirements 

Switzerland said UBS will have to hold substantially more capital under new rules aimed at preventing a repeat of Credit Suisse's near-collapse last year.

Uniswap says it has received SEC Wells notice, with charges imminent 

Uniswap Labs has received a notice from the Securities and Exchange Commission that it will soon be charged with violating federal securities laws, its CEO Hayden Adams said in a post on X Wednesday.

Bank of Canada Holds Steady, but Says June Rate Cut Is Possible 

The Bank of Canada left its benchmark interest rate unchanged for a sixth consecutive time at 5%, and said a cut in June is possible so long as incoming data assures officials that downward momentum in inflation is sustainable.

'Much improved' investment-banking revenue awaits big Wall Street banks: Moodys 

High-yield debt and equity follow-on deals expected to help investment banking revenue.

Banks Strike Back Against Private Credit 

Wall Street banks are gaining back ground against nonbank lenders.

European Central Bank to stand pat this week but faster-than-the-Fed rate cuts may hit euro 

The European Central Bank is expected on Thursday to leave interest rates at record highs but to imply that a cut in borrowing costs is likely by the summer

Bank of Thailand Stands Pat Despite Sluggish Economy 

Thailand's central bank kept its policy rate unchanged despite a slow economic recovery and weak inflation.

Why the March CPI Is Looming So Large for the Fed 

Officials appeared willing to look past firm inflation readings earlier this year.

(END) Dow Jones Newswires

04-10-24 1615ET