Venezuelan Government takes US to World Trade Organization over sanctions on...
Venezuelan government has reported the sanctions against it by the US government to the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. While describing the sanctions leveled against the country as biased, the country said the US is infringing on Venezuela’s rights under the General Agreement on Tariffs and Trade (GATT) signed...
Jones Lang LaSalle to buy capital markets services provider HFF for...
Real estate services provider Jones Lang LaSalle Inc said on Tuesday it will buy capital markets services provider HFF Inc in a cash-and-stock deal valued at about $2 billion.
J.P. Morgan To Merge Two Banks In Europe; Boost Presence In...
J.P. Morgan Chase & Co. (JPM) on Tuesday announced corporate restructuring plans that will establish a significant Wealth Management business operation in Luxembourg and also enhance capabilities in divisions of its Corporate & Investment Bank - Treasury Services and Custody & Fund Services.
Goldman Sachs-Backed Crypto Firm Circle Seeks $250 Mln In Funding: Report
Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.
Akamai and MUFG Announce Joint Venture for Blockchain-Based Online Payment Network
CAMBRIDGE, Mass., Feb. 12, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and deliverin
Merrill Lynch Fined $8M Over ADR Trades
"An entity like Merrill may not avoid liability by using another broker to obtain fraudulently issued ADRs on its behalf," the SEC says.
U.S. consumer prices up 0.3 percent in October –
WASHINGTON — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department said Wednesday that this meas…
People’s United Financial To Acquire BSB Bancorp In $327 Mln Deal
People's United Financial Inc. (PBCT), the holding company for People's United Bank, N.A., said it agreed to acquire BSB Bancorp Inc. (BLMT), the holding company for Belmont Savings Bank, in a 100% stock transaction valued at abut $327 million.
US mortgage rates jump to highest level in nearly 8 years
U.S. mortgage rates jumped this week to the highest level in almost eight years, a trend that is pulling down home sales and slowing home price growth. Mortgage buyer Freddie Mac said Thursday that the average rate on a 30-year, fixed rate mortgage rose to 4.94 percent, from 4.8
Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its...
Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO.
