U.S. stock index futures pointed to a higher open on Thursday, rebounding from Wednesday's decline, as investors await more economic data and monthly sales from retailers.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following the previous session's sell-off, while investors braced for monthly sales data from retailers.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following the previous session's sell-off, while investors braced for monthly sales data from retailers.
Morgan Stanley is likely to be part of the first wave of major banks to exit the U.S. government's bank bailout program after recently selling more than $2 billion of shares, research analysts said on Wednesday.
American Express Co said on Wednesday that it would suffer less than its rivals from a new U.S. law curbing certain practices by credit card companies because it depends less on interest paid by customers.
KeyCorp and Huntington Bancshares Inc , two of Ohio's largest banks, announced plans on Wednesday to raise common equity, as they try to position themselves to repay federal bailout money.
Anglo-French property company Hammerson has sold its Les Trois Quartiers office and retail property in Paris to private equity real estate investor MGPA for 210 million euros ($300 million), both parties said on Wednesday.
Singapore state investor Temasek sold its stake in British bank Barclays Plc several months ago at a big loss, people familiar with the matter said on Wednesday.
HSBC Holdings Plc , which last month became one of the first foreign banks allowed to issue Chinese currency bonds in Hong Kong, said on Wednesday it is also preparing for yuan bond issuance in China.
Wall Street and European banks have long sat atop the rankings for arranging initial public offerings across Asia.
The Norwegian government said on Wednesday it would assess the impact of climate change on financial markets and urged global investors to join forces.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday after data showed employers chopped more than half a million jobs in May, signaling conditions remained tough.
HSBC Holdings Plc and Standard Chartered Bank said on Wednesday that they were preparing for yuan-denominated bond issuance in China to help the country develop its local-currency financial markets.
JPMorgan Chase & Co is disbanding its stand-alone Principal Investment Management Group's hedge-fund business and private-equity division and shifting staff from this unit to sit within existing businesses, according to a person familiar with the reorganization.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, as investors were set to take profits ahead of key macroeconomic data on jobs and manufacturing.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, as investors were set to book recent gains ahead of key macroeconomic data on jobs and manufacturing.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, as investors were poised to pocket a portion of their recent lofty gains ahead of key macroeconomic data.
Asian shares rose to fresh eight-month highs on Wednesday, as U.S. home sales data added to optimism that the global economy is through the worst, while the dollar struggled off its latest set of lows for the year.
Bank of America Corp , JPMorgan Chase & Co and several other banks said they have raised more than $19 billion as lenders scramble to extricate themselves from Washington's grip.
The flagship U.S. program to revive consumer and small business lending picked up pace in June, showing investors have grown more comfortable with taking part in the government initiative and appetite for risk has increased across all markets.
JPMorgan Chase & Co. took the lead among financial institutions to raise at least $8.7 billion after the Federal Reserve imposed additional capital requirements on banks seeking to repay government aid received.
Clinton-era Securities and Exchange Commission Chairman Arthur Levitt has signed on as an advisor to Goldman Sachs Group Inc , the Wall Street firm said on Tuesday.
