U.S. Consumer Sentiment Drops More Than Initially Estimated In October

Consumer sentiment in the U.S. deteriorated by slightly more than initially estimated in the month of October, the University of Michigan revealed in a report released on Friday.

UniCredit To Pay $1.3 Bln To Settle U.S. Sanctions Investigation

Italian lender UniCredit SpA (UCG, UNCFF.PK) announced that the company and its subsidiaries, UniCredit Bank AG or UCB and UniCredit Bank Austria AG or UCBA have agreed to pay penalties totaling approximately $1.

$9 trillion corporate debt bomb is ‘bubbling’ in the US economy

At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.

Tagomi Holdings Inc. Announces New Funding Led by Yale-Backed Paradigm Fund,...

Tagomi Holdings Inc. Announces New Funding led by Yale-backed Paradigm Fund, With Participation From Pantera and Other Prominent Clients

Merck KGaA, Darmstadt, Germany, Signs Definitive Agreement to Acquire Versum Materials...

Merck KGaA, Darmstadt, Germany, a leading science and technology company, has signed a definitive agreement to acquire Versum Materials, Inc. (NYSE: V

US credit demand declines, rejection rates rise: NY Fed survey

Americans' demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approve Source: www.channelnewsasia.com U.S. demand for...

MetLife (MET) Announces Michel A. Khalaf to Succeed Steven A. Kandarian...

The board of directors of MetLife, Inc. (NYSE: MET) today announced that Michel A. Khalaf, president, U.S. Business and EMEA, will become MetLifes president and chief executive...

Deutsche Bank plans cuts in U.S. equities, prime unit: sources –...

Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters.

Blackstone Infrastructure Partners Announces Growth-Oriented Investment in Carrix, One of the...

Blackstone (NYSE:BX) today announced that funds affiliated with Blackstone Infrastructure Partners (BIP), have made a growth-oriented investment in Ca

US long-term mortgage rates down; 30-year average at 4.14%

U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season.