By Marcela Ayres WASHINGTON (Reuters) – Bank of Mexico Deputy Governor Jonathan Heath said on Friday the benchmark interest rate is likely to remain unchanged for longer than expected by markets[...]
Read more
April 19, 2024
UnitedHealth CEO to testify before US House panel on cyberattack at tech unit
(Reuters) – UnitedHealth CEO Andrew Witty will testify before a U.S. House subcommittee on May 1 about a recent cyberattack at the company’s technology unit and its impact on patients and[...]
Read more
Wells Fargo bond saleswoman sues over ‘unapologetically sexist’ workplace
By Jonathan Stempel (Reuters) – Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men a[...]
Read more
Fed says 1,804 banks and other institutions tapped emergency lending facility
(Reuters) – Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank’s collapse, amounting to about 20% of all eligible[...]
Read more
Amazon ad exec Aubrey steps aside for new role
By Greg Bensinger (Reuters) – Amazon.com’s advertising executive Colleen Aubrey, a member of the elite internal team advising the CEO, is moving to a new undisclosed position at the compan[...]
Read more
Governments must broker local support for mines, industry group says
(This April 17 story has been officially corrected after the industry trade group clarifies to say it believes industry has a role to play in the government’s FPIC review process, in paragraph 9[...]
Read more
Trump media shares gain as it suggests ‘potential market manipulation’
(Reuters) -Shares of Donald Trump’s media and technology company rose over 3% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called[...]
Read more
Swiss franc, yen modestly up, but off highs, as Iran, Israel defuse tension
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signaled it has no plans to retaliate against Israel, which launched what[...]
Read more
Wall St sees more pain ahead for US mid-sized lenders after dull Q1
By Manya Saini and Jaiveer Shekhawat (Reuters) – U.S. mid-sized banks’ profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted lo[...]
Read more