UBS Can Be the Next Morgan Stanley, but a Lot of Things Have to Go Right
To reach the same lofty valuation as its U.S. counterpart, the Swiss bank needs to juggle the integration of Credit Suisse with strong growth in wealth management.
America's Biggest Bank Is Growing the Old-Fashioned Way: Branches
Banking has gone digital, but JPMorgan is building bricks-and-mortar branches.
Financial Services Roundup: Market Talk
Insurer Manulife Financial, Everbridge and more in the latest Market Talks covering Financial Services.
Fed's Kashkari: No need to quickly cut interest rates as they're not holding down growth much
Monetary policy might not be as tight as thought, Minneapolis Fed president says.
Appeals Court Questions U.S. Regulators' Authority Over Private Funds
Federal panel hears Wall Street challenge to new rules for private equity, hedge funds.
First Bank of Canada Rate Cut Seen in April, Market-Participant Survey Suggests
The median from 27 responses indicated the first cut of a quarter-point, to 4.75%, would come in April. By December, a median of 27 responses had the Bank of Canada's policy rate sitting at 4%.
Big Tech Stocks Find Little Room for Error After Monster Run
Facebook parent Meta was last week's standout after initiating its first dividend.
UniCredit to Boost Investor Payouts; Shares Climb
UniCredit shares rose amost 10% after the bank said it planned to increase its shareholder returns and upgraded its 2024 profit outlook.
FinCEN Pressured to Implement Anti-Money-Laundering, Sanctions Whistleblower Program
A bipartisan group of U.S. senators is demanding the Financial Crimes Enforcement Network explain its delay in fully implementing a whistleblower award program for reporting possible money-laundering and sanctions violations.
Investcorp Takes Stake in Secondary Specialist Banner Ridge Partners
Banner Ridge acquires secondhand private markets assets, particularly in distressed and special-situations funds and also backs new investments in such funds.
(END) Dow Jones Newswires
02-06-24 1115ET
