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US regulators fine Citi $136 million for failing to fix longstanding data issues
Reuters via Yahoo Singapore Finance· 4 days agoThe joint enforcement action from the Federal Reserve... (OCC) concerns Citi's efforts to repair...
Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020
CoinDesk via Yahoo Singapore Finance· 4 days agoBitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday...
Morning bid: Eyes switch to inflation vs elections, Powell up
Reuters via Yahoo Singapore Finance· 5 days agoBut as the U.S. unemployment rate is now back above 4.0% for the first time since late 2021, markets...
A big change could come to the US economy in September
CNN Business via Yahoo Singapore Finance· 2 days agoNew applications for unemployment benefits have also ticked higher in recent weeks. Fed Chair Jerome...
Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue?
The Smart Investor via Yahoo Singapore Finance· 6 days agoThe trio of Singapore banks have hit all-time highs recently but can their run continue? The post...
Big bank quarterly results show signs of consumers slowing down spending
Associated Press Finance via Yahoo Singapore Finance· 2 days agoSigns of consumers slowing down their spending and falling behind on their bills weighed down shares...
The Fed is stressed out about the presidential election
CNN Business via Yahoo Singapore Finance· 4 days agoWhile the economy and labor market remain strong, US job growth slowed in June, according to the...
Watch: Powell testifies before Senate on state of US economy
The Hill via Yahoo Singapore Finance· 5 days agoFederal Reserve chair Jerome H. Powell appeared Tuesday before the Senate Committee on Banking,...
US regional banks to face increased scrutiny as CRE exposure stifles buybacks
Reuters via Yahoo Singapore Finance· 4 days agoU.S. regional banks will probably stockpile more rainy-day funds and stay conservative on stock...
Election officials push back against draft federal rule for reporting potential cyberattacks
Associated Press via Yahoo News Singapore· 4 days agoA group of state election officials is urging the nation’s cybersecurity agency to revise a draft...