BNY rejigs leadership to strengthen wealth management push
Jan 27 (Reuters) – BNY (BK.N), opens new tab has tasked insider Adam Vos to oversee the push…
ECB’s Cipollone says geopolitical risks strengthen case for European payments autonomy
MADRID, Jan 28 (Reuters) – Rising geopolitical tensions are firming the case for Europe to develop payment systems…
US consumer confidence dives to a more than 11-1/2-year low
Consumer confidence sags to lowest level in more than 11-1/2 years Consumers’ perceptions of the labor market weakened…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
Poland cools on joining euro zone after its economy surges, FT reports
Jan 25 (Reuters) – Poland is in no hurry to join the euro zone, Finance Minister Andrzej Domanski…
Brazil central bank to start cutting rates in March to boost weak economy
BUENOS AIRES, Jan 23 (Reuters) – Brazil’s central bank will likely start cutting interest rates for the first…
Largest European pension fund ABP cut back US Treasury holdings last year
LONDON, Jan 23 (Reuters) – The value of the U.S. Treasuries held by Dutch pension fund ABP, Europe’s…
JPMorgan buys UK pensions technology firm WealthOS, memo shows
Jan 22 (Reuters) – U.S. banking giant JPMorgan Chase (JPM.N), opens new tab has closed a deal to…
China’s Africa lending nearly halved in 2024, shifts to yuan
Six African projects funded in 2024, including in Kenya and Egypt Yuan loans replace dollar in China’s Africa…
Danish pension fund to divest its U.S. Treasuries
COPENHAGEN, Jan 20 (Reuters) – Danish pension fund AkademikerPension said on Tuesday it would sell off its holding…
Google-backed Isomorphic Labs delays clinical trial timeline
Jan 20 (Reuters) – Isomorphic Labs, which uses artificial intelligence for drug discovery, expects to have its first…
Trump housing plan to allow 401(k) money for down payments, adviser says
WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement…