Morgan Stanley to pay $95 million in U.S. mortgage-debt settlement

NEW YORK (Reuters) - Morgan Stanley (MS.N) has agreed to pay $95 million to resolve a lawsuit accusing the Wall Street bank of misleading investors in mortgage-backed securities in the run...

Goldman cuts price target on Bombardier; sees further CSeries delay- Reuters

TORONTO (Reuters) - Goldman Sachs cut its price target on Bombardier Inc (BBDb.TO)(BDRBF.PK) and reiterated a “sell” rating on shares of the train and plane maker on Tuesday, warning it expected...

U.S. lawmaker subpoenas ex-FBI chief and former Attorney General

WASHINGTON (Reuters) - The Republican chairman of the U.S. House of Representatives Judiciary Committee, Bob Goodlatte, has issued subpoenas for former FBI Director James Comey and former Attorney General Loretta Lynch...

The Fed Vice Chairman: FOMC is still paying attention to asset purchases

In his speech on the central bank’s new policy framework released on Monday by the Fed’s vice chairman Richard Clarida, there was no hint as to whether he would support changing...

Morgan Stanley looks forward to 2021: global economic recovery, overweight stocks and...

In an outlook report for 2021, Morgan Stanley (Morgan Stanley) strategists predicted that the global economy will achieve a V-shaped recovery, coupled with a brighter outlook for the new crown virus...

Citigroup expenses rise to meet stress testing

NEW YORK (Reuters) - Citigroup Inc’s (C.N) third-quarter expenses are running “slightly higher” than three months ago because of efforts to prove to regulators that its risk and balance sheet management...

Fund payments to brokerages draw SEC scrutiny

NEW YORK (Reuters) - (This corrected version of the story fixes 23rd paragraph to show Natixis has paid a nutritionist to make presentations to brokers; it doesn’t have a nutritionist on...

Trump warns of government shutdown next month over border security

PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump warned on Thursday there could be a government shutdown next month over security on the border with Mexico, suggesting he could hold...

RBS set to raise $4 billion from U.S. listing of Citizens

LONDON (Reuters) - State-backed Royal Bank of Scotland (RBS.L) aims to raise up to $4 billion from the share flotation of its U.S. bank Citizens Financial Group this month, it was...

Swiss watchdog investigates Espirito Santo private bank

ZURICH (Reuters) - Switzerland’s financial regulator said on Wednesday it is investigating Banque Privee Espirito Santo SA (BPES), a Swiss private bank which is part of the Espirito Santo family’s troubled...