Exclusive-Citi breached a rule meant to keep banks safe, made liquidity reporting errors
By Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) – Citigroup repeatedly breached a U.S. Federal Reserve rule that limits…
Month: August 2024
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World stocks up, yields fall as traders eye central bank moves
By Chris Prentice and Samuel Indyk NEW YORK/LONDON (Reuters) -Global equities broadly gained on Thursday as treasury yields slid after…
Carvana shares surge on robust 2024 core profit forecast
(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual…
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Tech giants faced major market cap drop in July on earnings worries
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns…
Arm outlook disappoints Wall Street, shares dive 13%
By Max A. Cherney -Arm Holdings will not exceed Wall Street revenue expectations this quarter from the artificial intelligence frenzy,…