The bill cuts dozens of large regional lenders off the list of banks considered too big to fail and frees all but the biggest banks from required annual stress testing by regulators
The Federal Reserve will release minutes of its meeting in early May that did not see an interest rate increase.
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) is planning to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, The Wall Street Journal reported on Wednesday. FILE PHOTO: The headquarters of the Deutsche Bank is pictured in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski/File Photo The Journal, […]
Editor’s Note: Updating earlier story with more details from report. (Kitco News) – Sales of new U.S. single-family homes fell by 1.5% in April to a seasonally adjusted and annualized pace of 662,000. Consensus estimates compiled by various news organizations called for sales to be between 677,000 and 682,000. The Commerce Department revised sales for […]
Deutsche Bank will “sharply” reduce its presence in the U.S. as the German bank dials down its global equities trading business, according to reports Wednesday.