(Reuters) -Wall Street banks are weighing plans to slash bonuses this year, Bloomberg Law reported on Friday, as investment banking comes under pressure from choppy markets and a high interest-rate en[...]
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December 2, 2022
U.S. labor market shrugs off recession fears; keeps Fed on tightening path
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably no[...]
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JPMorgan, BofA and Citi to slash banker bonuses – Bloomberg Law
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%, Bloomberg Law reported on Fr[...]
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U.S. equity funds register biggest weekly outflow in over five weeks
(Reuters) – U.S. equity funds logged big outflows in the week to November 30 as investors booked profit after concerns over economic growth resurfaced due to protests in major Chinese cities aga[...]
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Global equity funds post biggest weekly outflow in six weeks
(Reuters) – Global equity funds recorded enormous outflows in the week ended on Nov. 30 as investors booked profits – after a rally in the last month – amid concerns about global eco[...]
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REUTERS NEXT: After FTX collapse, pressure builds for tougher crypto rules
(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest c[...]
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Binance pauses Ankr withdrawals after possible token hack
(Reuters) -Binance paused withdrawals of Ankr tokens after the cryptocurrency exchange’s CEO Changpeng Zhao said the tokens were possibly targeted by hackers. Ankr told decentralized exchanges t[...]
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IPO market nearly paused, but exchange leaders expect 2023 boost
By John McCrank NEW YORK (Reuters) – A global slowdown in initial public offerings due to heightened market volatility and a regulatory cloud over new listings from China has created pent up dem[...]
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