| | JPMorgan Chase has bought British digital wealth manager Nutmeg, as part of the U.S. giant's expansion into the UK retail banking and investment market. | | | As the Federal Reserve takes initial steps toward removing its massively accommodative policy, investors are preparing for the main show ahead. | | | Over the last few years, if you were trying to buy a home in the United States, you were typically up against one other bidder for sales that closed. | | | The prices of so-called meme stocks may be distorted because the majority of trades in those names are executed away from public exchanges where share price formation occurs, the head of the New York Stock Exchange said on Wednesday. | | | The European Commission will make an assessment of banks it banned from EU Recovery Fund bond issuance very soon, which could see lenders re-admitted to the process, sources familiar with the situation told Reuters on Wednesday. | | | Morgan Stanley (MS.N) has hired Greg Weinberger from Credit Suisse Group (CSGN.S), a source familiar with the matter said on Wednesday, the most high-profile investment banking departure amid a glut of exits from the Swiss bank in recent weeks. | | | Deutsche Telekom (DTEGn.DE) is offering investors stakes in a company it is creating to overhaul Germany's internet cables to help foot the bill for much-needed network modernisation, three people familiar with the matter said. | | | The Biden administration expects the start of child tax credit payments in July to provide a solid boost to the U.S. economy that should more than offset a halt in extra unemployment benefits by 25 states, a White House official said on Tuesday. | | | Wall Street's record-breaking run for stock market flotations shows no signs of slowing down. | | | A group of investors sued Wall Street's regulator on Tuesday over rule changes that raise the bar for filing resolutions at annual shareholder meetings to call for new priorities or reforms. | | | | |