By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to further boost hopes of slowing rate hikes and a so-c[...]
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Analysis-Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
By David Randall NEW YORK (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through 2023 without a recession, even as hope[...]
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New York pension seek stricter climate emissions rules from bank portfolios
By Ross Kerber (Reuters) – Shareholder resolutions filed by New York City’s top pension official will ask top Wall Street banks including JPMorgan Chase & Co and Bank of America to set[...]
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U.S.-China friction stokes concern among some top finance bosses
LONDON (Reuters) – The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing of relations between the U.S. and China, speaking at the[...]
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Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for a possible recession, while showing caution about forecasting inc[...]
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Analysis-U.S. credit lures investors but recession risk could mean wild 2023
By Davide Barbuscia, Carolina Mandl and Shankar Ramakrishnan NEW YORK (Reuters) – Investors are increasing their exposure to U.S. corporate bonds as they take advantage of a surge in supply, but[...]
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Failed crypto exchange FTX has recovered over $5 billion, attorney says
By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the co[...]
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Fixed income returns in India set to surge in 2023, prompt higher investments – analysts
(This Jan. 9 story has been corrected to fix AUM of Nuvama Wealth Management in the fourth paragraph after the fund issued a correction) By Bhakti Tambe MUMBAI (Reuters) – Indian investors are l[...]
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Analysis-Britain takes fight to restore investor faith into 2023
By Sinead Cruise, Kate Holton and Dhara Ranasinghe LONDON (Reuters) – Major investors are rethinking their support for Britain’s economy following months of political turmoil and persisten[...]
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