UBS pays bumper rates on deposits to repair Credit Suisse outflows -sources
(Reuters) – UBS is trying to attract customers with above-market rates on deposits, according to people familiar with the bank’s…
Italy risks raising next to nothing from bank tax, sources say
(Reuters) – Italy risks collecting minimal proceeds from a windfall tax on banks after it gave lenders the option to…
United Airlines plans major fleet expansion with Boeing and Airbus orders
United Airlines announced on Tuesday a significant expansion to its fleet, as part of the ongoing United Next strategy. The…
U.S. stocks are falling as Treasury yields rise to multiyear highs
U.S. stocks were falling as Treasury yields rise to multiyear highs, with investors awaiting key data on jobs this week,…
Bank of America strategists suggest S&P index level protection amid surging long-term rates
In recent market developments, Bank of America’s strategists, have suggested that S&P index level protection could be a prudent investment…
A -2.5% Nasdaq day might be coming soon, analysts warn
Following a weak Q3, which saw the S&P 500 fall 3% amid heightened risks that the Fed may keep rates…
American Express Revamps Business Gold Card, Targets Booming Small Business Sector
American Express (NYSE:AXP) is introducing a series of changes to its Business Gold Card in a bid to cater to…
Eli Lilly to buy cancer-focused Point Biopharma for $1.4 billion
(Reuters) -Eli Lilly and Co will buy Point Biopharma Global for $1.4 billion, the companies said on Tuesday, gaining access…
United Airlines closes in on large order for Airbus A321 narrowbody jets
(Reuters) – United Airlines is near an agreement to purchase a double-digit number of Airbus A321 narrowbody jets, Bloomberg News…
U.S. futures falter after government shutdown averted – what’s moving markets
Futures faltered on Monday, paring back some earlier gains, after last-minute negotiations between lawmakers on Capitol Hill over the weekend…