 | | | | JPMorgan Chase & Co is launching a platform that aims to connect startup founders with venture capital investors to simplify the fundraising process, the bank told Reuters. | | | | | | Amazon.com Inc is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes further into financial services across the globe. | | | | | | British banks are bracing for a potential tax hit to their profits as the government seeks out new sources of cash to support budgets and shore up its finances. | | | | | | Japanese financial group SBI Holdings is considering delisting mid-size lender Shinsei Bank Ltd and will explore options with the country's banking regulator, the Kyodo news agency reported on Wednesday. | | | | | | Sterling weakened on Wednesday after hotter-than-expected UK consumer price inflation and fears of a deeper recession in Britain bolstered expectations of a less aggressive rate hike by the Bank of England (BoE) in November. | | | | | | Thailand should see economic growth of 3.0%-3.5% this year, driven by its key export and tourism sectors, a recovery that is best supported by gradual interest rate hikes, its finance minister said on Wednesday. | | | | | | London-based hedge fund VR Capital is resisting efforts by Ukraine's state-owned gas company Naftogaz to restructure its debt, the Financial times reported on Wednesday. | | | | | | Goldman Sachs Group Inc's strategy pivot has solved one problem for investors who didn't love its foray into consumer banking. Still, Wall Street is yet to be convinced if the broader reorganization will create long term benefits. | | | | | | The Dutch central bank is calling on the country's pension funds to consider boosting holdings of cash and other liquid assets to ensure that they can avoid the turmoil that has hit the UK, the Financial Times reported on Wednesday. | | | | | | The Japan Securities Dealers Association (JSDA) said on Wednesday client data was leaked from brokerage Mitsubishi UFJ Morgan Stanley Securities, without specifying a time period for the leaks. | | | | | |
