Fed Signals Cuts Are Possible but Not Imminent as It Holds Rates Steady

The central bank abandons formal guidance that had kept hikes on the table since last raising rates in July. 


 
KKR Raises Record $6.4 Billion For Asia Infrastructure Fund

U.S. private-equity firm KKR raised a record $6.4 billion for an Asia-Pacific infrastructure fund, amid growing bets on the infrastructure sector in a gradually recovering fundraising environment. 


 
Celsius Network to Distribute $3 Billion to Creditors After Exiting Bankruptcy

Collapsed crypto lender Celsius Network said it has emerged from bankruptcy and will begin distributing funds to creditors. 


 
MetLife Net Plunges Despite Revenue Surge

The insurer posted adjusted earnings that were just shy of analysts' estimates, despite a jump in revenue. 


 
Mastercard's Strong Earnings Still Show Spending Slowdown

Quarterly earnings from card issuer Mastercard beat estimates, but the total number and value of payment transactions slipped. 


 
New York Community Bancorp Stock Plunges 38%, Reigniting Fears for Regional Banks

NYCB built up capital after acquiring most of the failed Signature Bank in last year's crisis. 


 
Brought to You by BlackRock: Airports, Pipelines and Data Centers

The world's largest asset manager has ambitions beyond index funds. 


 
Santander Sees Improved Profits After Strong Fourth Quarter

Santander forecast increased profits in 2024 after the bank reported a higher-than-expcted net profit for the fourth quarter. 


 
Citi Names Luke Lu as New China Country Officer

Citigroup has named Luke Lu as new country officer and head of banking for China amid an ongoing global restructuring to streamline operations. 


 
Financial Services Roundup: Market Talk

Gain insight on housing credit growth in Australia, New York Community Bancorp, Mastercard, and more in the latest Market Talks covering Financial Services.


(END) Dow Jones Newswires

02-01-24 0015ET