Wells Fargo Sues JPMorgan Chase Over Soured $481,000,000 Loan, Says US Bank Aware Seller Had Inflated Income: Report
Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial...
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Banks from 30 countries open accounts with Indian banks for local currency trade – Banking & Finance News
After the Reserve Bank of India (RBI) allowed in invoicing and payment of international trade transactions in rupees and other...
Selling Investments To Pay Off Debt
Here's a realistic personal finance conundrum: You have nagging debt collecting that you just can't seem to get rid off,...
Helped by deleveraging in less liquid currencies – ING
As discussed in the USD section above, when liquidity becomes a discriminating factor in FX, the Euro (EUR) can find...
Currencies Get Reprieve from USD Rally – Scotiabank
The US Dollar (USD) rally may be coming off the boil. A lower close for the Dollar Index (DXY) yesterday...
Reserve status of the US currency is threatened – Rabobank
US Presidential candidate Trump yesterday declared that ‘tariff’ was the most beautiful word in the dictionary. He made the threat...
Asian currencies eclipse Developed Markets – DBS
Fed cut expectations drove the US Dollar (USD) weaker across the board in overnight markets. Asian currencies performed best, led...
Raiffeisen’s Russian Division Suspends Foreign Currency Transfers
The Russian division of Austria’s Raiffeisen Bank will suspend foreign currency transfers for nearly all of its clients in the...
CrowdStrike, Microsoft, Netflix, Intuitive Surgical, Amex, Plug Power, and More Market Movers
Microsoft was falling 2% and CrowdStrike declined 17% as a global IT outage caused airlines to ground planes and financial...
Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead
Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average...
