Morgan Stanley’s wealth arm under probe by multiple regulators, WSJ reports
(Reuters) -Morgan Stanley’s wealth management arm is being probed by multiple regulators, the Wall Street Journal reported on Thursday, citing…
April 2024
Top 5 Defense Stocks Poised to Soar in the Months Ahead
With wars actively being waged in several parts of the world right now – and the prospect for additional conflicts…
Rent the Runway shares get caught up in AI frenzy, surge over 200%
By Ananya Mariam Rajesh (Reuters) -Traders piled into shares of Rent the Runway on Thursday, sending the shares up by…
Analysis-Traders bet the ECB will chart its own rate cut path
By Yoruk Bahceli and Naomi Rovnick (Reuters) – Traders’ bets on multiple ECB interest rate cuts this year have barely…
UBS could need $10 billion-$15 billion in extra capital to meet new Swiss rules, analyst says
By Noele Illien ZURICH (Reuters) – UBS might need to retain $10 billion to $15 billion in excess capital after…
Trump suffers twin setbacks as judges reject calls to dismiss charges
By Andrew Goudsward WASHINGTON (Reuters) -Donald Trump suffered a pair of legal setbacks on Thursday as judges spurned his calls…
Judge denies New York county’s request to let it enforce trans sports restrictions
By Jonathan Allen NEW YORK (Reuters) -A federal judge on Thursday denied a request by New York’s Nassau County to…
Centrist group No Labels drops third-party White House bid
By Stephanie Kelly and Jarrett Renshaw WASHINGTON (Reuters) -Centrist group No Labels will not field a third-party bid for the…
Active US funds tally best quarterly outperformance since 2007, BofA says
By Lewis Krauskopf NEW YORK (Reuters) – Actively managed U.S. equity funds in the first quarter posted their best quarterly…
Canadian lender RBC’s CEO says City National will be a ‘net contributor’
By Nivedita Balu TORONTO (Reuters) – Royal Bank of Canada expects its struggling unit in the U.S. to be “a…