(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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US
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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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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Analysis-Markets sigh with relief after Powell speech, but more turbulence likely ahead
By Davide Barbuscia and David Randall (Reuters) – A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday, but some investors believe[...]
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Fed’s Powell: Rate hikes to slow, but adjustment just beginning
By Howard Schneider and Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said it was time to slow the pace of coming interest rate hikes while also signaling a protracted[...]
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