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GRAPHIC-Where king dollar is causing pain the most
The dollar is at its highest since November against other major currencies. Stronger-than-expected March inflation pushes back U.S. Rate cut bets. A strong dollar is causing pain across Asia and Europe. Japan and South Korea are among countries where the yen is under pressure.
Reuters · 1d ago
PROXY ADVISORY GROUP ISS RECOMMENDS STATE STREET SHAREHOLDERS VOTE "FOR" ALL MANAGEMENT PROPOSALS AT AGM
Reuters · 1d ago
GRAPHIC-Escalating Middle East tensions a fresh jolt to world markets
Escalating Middle East tensions a fresh jolt to world markets. Reports of an Israeli attack on Iranian soil jolted world markets on Friday. High oil prices and potential supply disruptions fuel concern about inflation risks. Energy stocks are a winner from higher oil prices, as are safe-havens like the dollar.
Reuters · 5d ago
STATE STREET SAID TO EXPLORE ACQUISITION OF SOCGEN’S CUSTODY ARM; SOCGEN SAID TO BE SEEKING MORE THAN €1 BILLION FOR THE UNIT- BLOOMBERG NEWS
Reuters · 04/17 11:36
Northern Trust profit falls on hit from debt investment sale
Northern Trust profit falls on hit from debt investment sale. Asset and wealth manager posts a 38% fall in first-quarter profit. The company incurred a $189.4 million loss on the sale of certain debt securities. Shares of Northern Trust fell 1.2% in premarket trading.
Reuters · 04/16 13:23
UPDATE 1-BNY Mellon quarterly results top Wall St estimates on higher services fees
Bank of New York Mellon quarterly results top Wall St estimates on higher services fees. The oldest U.S. Bank saw its assets under custody increase but interest income fell. Lower volatility in foreign exchange markets also hurt profits. BNY's shares rose 2% before the bell on Tuesday. The bank beat Wall Street expectations with a 5% increase in profits.
Reuters · 04/16 12:38
LIVE MARKETS-Canada, UK inflation data in view
Canada, UK inflation data in view. Inflation data due from the UK and Canada. The Fed is expected to reduce borrowing costs until at least September. Eyes are on whether other major central banks will move earlier as inflation slows. ECB signalled they would be happy to cut interest rates as early as June.
Reuters · 04/16 10:43
STATE STREET CORP <STT.N>: BOFA GLOBAL RESEARCH RAISES PRICE OBJECTIVE TO $85 FROM $81
Reuters · 04/15 13:48
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