 | | | | Cryptocurrency investment products and funds saw inflows for a fifth consecutive week as market sentiment on the sector continued to improve, data from digital asset manager CoinShares showed on Monday. | | | | | | BlackRock Inc and Royal Bank of Canada's BlueBay Asset Management are among asset managers exposed to embattled developer China Evergrande Group , while TCW and HSBC funds have closed positions, researcher Morningstar said. | | | | | | Wells Fargo & Co will pay $37.3 million to settle U.S. government claims it fraudulently overcharged commercial clients on foreign exchange services, the latest in a string of scandals over the bank's treatment of customers. | | | | | | Morgan Stanley's Asia Pacific co-chief executive Wei Sun Christianson will retire from the bank after nearly two decades at the end of 2021, according to a memo reviewed by Reuters. | | | | | | Early in the pandemic, there were encouraging and surprising signs about the decline of credit card debt. | | | | | | Prudential is seeking to raise $2.41 billion by pricing its stock at HK$143.8 each in its Hong Kong share sale, according to two sources with direct knowledge of the matter. | | | | | | The U.S. Securities and Exchange Commission (SEC) said on Friday that it would delay enforcement of certain assets from a new disclosure rule for off-exchange securities until Jan. 3, 2022. | | | | | | More than half of companies in the S&P 500 now use a common standard from the Value Reporting Foundation to report on topics like carbon emissions and energy management, indicating executives are paying more attention to an area likely to face new regulations soon, a foundation official said. | | | | | | China's moves to crack down on bitcoin trading dealt another blow to Cathie Wood's ARK Innovation Fund, which outperformed all other U.S. equity funds last year but is now mired among the worst of its peers. | | | | | | Borrowers who apply for "buy now, pay later" or other point-of-sale financing tend not to pay down their credit card debts as much as the general population, credit reporting company TransUnion said on Thursday. | | | | | |
