By Huw Jones LONDON (Reuters) -The European Commission will propose greater transparency in the trading of credit default swaps of eight top banks to mirror rules in U.S. markets, a European Union doc[...]
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May 31, 2023
Former SEC chief Harvey Pitt dies at 78
(Reuters) -Harvey Pitt, a former chairman of the U.S. Securities and Exchange Commission, died on Tuesday, according to a statement from the director of the SEC Historical Society shared with Reuters.[...]
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Bunge, Viterra merger would create global agriculture trading giant
By Karl Plume (Reuters) – A merger of U.S. grains merchant Bunge Ltd with rival Viterra would grow the combined entity’s businesses in the U.S., Brazil and Australia and may raise competit[...]
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Japan’s Daiwa targets 50% jump in M&A advisory with US focus
By Makiko Yamazaki TOKYO (Reuters) – Japan’s Daiwa Securities Group Inc aims to boost annual revenue from the M&A advisory business by 50% in eight years by hiring more bankers and acq[...]
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Global equities, US yields fall ahead of debt ceiling vote
By Chibuike Oguh NEW YORK (Reuters) -Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a much-anticipated vote in Cong[...]
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Meta threatens to yank news content from California over payments bill
By Katie Paul NEW YORK (Reuters) – Facebook parent Meta Platforms said on Wednesday it would remove news content in its home state of California if the state government passed legislation forcin[...]
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Bankman-Fried seeks documents from former FTX law firm in crypto fraud case
By Jack Queen (Reuters) – Sam Bankman-Fried is seeking documents from a law firm that advised his defunct FTX cryptocurrency exchange, saying in a court filing that they could help him beat frau[...]
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J&J faces new trial over talc cancer claims, amid settlement push
By Brendan Pierson (Reuters) – Johnson & Johnson on Wednesday faced the first trial in almost two years over claims that asbestos in its baby powder and other talc products cause cancer, as[...]
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US rate futures expect Fed pause in June in sharp turnaround from earlier
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. rate futures on Wednesday priced in a pause in interest rate hikes by the Federal Reserve at next month’s monetary policy meeting, a m[...]
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