HSBC will have to share custody with JPMorgan of $52 bln in gold bars
LONDON, Dec 1 (Reuters) – JPMorgan (JPM.N) will join HSBC (HSBA.L) in storing bullion for the world’s biggest gold-backed exchange-traded fund (ETF), the fund’s operator...
U.S. dollar ‘true’ peak still a couple of quarters away -Goldman
NEW YORK, Nov 18 (Reuters) – Investors anxious to determine when the dollar should hit its peak may have to wait a few more quarters,...
Falling Q4 profit forecasts another negative for U.S. stocks
NEW YORK, Nov 18 (Reuters) – After a disappointing third-quarter reporting period, analysts are projecting that fourth-quarter U.S. earnings will decline for the first time...
Factbox: Corporate America braces for large-scale layoffs
Nov 10 (Reuters) – Corporate America is making deep cuts to its employee base as part of its restructuring efforts to navigate a potential downturn...
Investors face unclear outcome in midterms, with questions over spending, regulation
NEW YORK, Nov 9 (Reuters) – Investors on Wednesday were weighing a surprising outcome in the U.S. midterm elections, as a better-than-expected showing by Democrats...
Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows
HONG KONG, Nov 3 (Reuters) – Wall Street major Morgan Stanley (MS.N) is expected to start a fresh round of layoffs globally in the coming...
Record central bank buying lifts global gold demand, WGC says
LONDON, Nov 1 (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping...
Russia’s Sechin says Taiwan will return to China ‘on schedule’
Sechin: China will get Taiwan on time Sechin praises Saudi Arabia Sechin says BP a ‘shadow’ shareholder BP: continuing to pursue an exit BAKU, Oct...
Mastercard’s dim forecast clouds profit beat on travel demand
Oct 27 (Reuters) – Mastercard Inc (MA.N) on Thursday pushed back against worries of a slowdown in consumer spending after a weaker-than-expected forecast for revenue...
JPMorgan CEO warns higher inflation could push U.S. rates above 4.5%
Oct 13 (Reuters) – JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon on Thursday warned that persistent and elevated inflation could spur interest...