Main Street Banking Model Is Being Squeezed 

First-quarter results at regional banks show the uneven toll of higher interest rates.

Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles 

Votes mark victories for Goldman's David Solomon and Bank of America's Brian Moynihan.

Crypto Mixer Samourai Wallet's Co-founders Arrested for Money Laundering 

U.S. prosecutors on Wednesday targeted another so-called cryptocurrency mixer, accusing the two co-founders of Samourai Wallet of money laundering and of operating an unlicensed money-transmitting business.

Hannon's Take: Fed Uncertainty Claims First Central Bank Victim 

Bank Indonesia unexpectedly lifted interest rates as it looks to bolster its tumbling currency. It is unlikely to be the last amid a global pivot to the U.S. delaying rate cuts.

Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons 

U.S. and German two-year government bond auctions on Tuesday received strong demand, even as investors' motivation to bid diverged as U.S. and eurozone interest-rate cut expectations are moving apart.

Lloyds Banking Keeps Outlook as Net Interest Margin Tops Hopes 

Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter but weaker-than-forecast pretax profits.

HKEX's Profit Falls for Second Straight Quarter on Weak Trading, Listings 

HKEX posted lower trading volume during the quarter, with headline average daily turnover sliding 22% as geopolitical tensions and macroeconomic volatility continued to weigh on market sentiment.

Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say 

Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations leading up to its April 10 policy decision.

Grant's Take: The Travel Bug Is Keeping the U.S. Economy Strong 

The U.S. economy keeps humming along, and strong travel demand is a key reason why.

Financial Services Roundup: Market Talk 

Gain insight on European banks, Abrdn, Hong Kong Exchanges & Clearing, and more in the latest Market Talks covering Financial Services.

(END) Dow Jones Newswires

04-25-24 0015ET