China’s central bank governor says there’s room to cut banks’ reserve requirements
BEIJING — The heads of China’s central bank and economic planning agency signaled that authorities would be willing to take…
China’s top securities regulator vows to ‘strictly’ crack down on market manipulators
BEIJING — China’s top securities regulator vowed to “strictly” crack down on market manipulators, while stating that protecting small investors…
Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how…
British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.
British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services…
New CFPB rule caps banks’ credit card late fees at $8
The Consumer Financial Protection Bureau unveiled a new rule on Tuesday that it said would cap the typical late fee…
Nigeria battles to halt spiraling currency crisis and rising food insecurity
Nigeria is battling to contain a historic currency crisis and soaring inflation, with the International Monetary Fund on Monday warning…
Some NYCB deposits may be a flight risk after Moody’s downgrades ratings again
Regional lender New York Community Bank may have to pay more to retain deposits after one of the company’s key ratings…
