New York’s Lawsky wants senior BNP executives fired in probe: sources
NEW YORK (Reuters) – New York state’s top banking regulator, Benjamin Lawsky, is asking BNP Paribas SA to fire some senior executives as part of a settlement of allegations that the French bank violated U.S. sanctions, two sources familiar with the mat…
New York’s Lawsky wants senior BNP executives fired in probe: sources
NEW YORK (Reuters) – New York state’s top banking regulator, Benjamin Lawsky, is asking BNP Paribas SA to fire some senior executives as part of a settlement of allegations that the French bank violated U.S. sanctions, two sources familiar with the mat…
China’s home prices inch down in May: surveys
BEIJING (Reuters) – China’s home prices fell slightly in May from the previous month, two private surveys showed on Sunday, adding to fresh signs of cooling in a property market that has become a persistent drag on the broader economy in recent months….
Hedge fund giants secure grip on industry despite lagging returns
LONDON (Reuters) – The world’s biggest hedge funds are managing more money than ever before – even while the returns they provide look less attractive compared to those achieved by younger, smaller firms.
‘Phil the Thrill’ Mickelson, the people’s champion in golf
LOS ANGELES (Reuters) – Throughout his Hall of Fame career, Phil Mickelson has richly entertained fans with his swashbuckling, sometimes high-risk, approach to golf and his dazzling skills around the green.
China official PMI hits five-month high in May, boding well for second quarter
BEIJING (Reuters) – China’s factory activity expanded at the fastest pace in five months in May due to rising new orders, official data showed on Sunday, reinforcing views that the world’s second-largest economy is regaining momentum in the second quar…
In China, managers are the new labor activists
SHANGHAI (Reuters) – Behind China’s biggest strike in decades last month was a new player in Chinese labor activism: management.
Mickelson plays on amid news of U.S. probe into possible insider trading
NEW YORK (Reuters) – DUBLIN, Ohio, May 31 (Reuters) – If golf star Phil Mickelson is concerned by a federal probe into possible insider trading involving him, billionaire investor Carl Icahn and Las Vegas gambler William Walters, he did not show it on …
BlackRock’s Fink jolts ETF business with ‘blow up’ warning
(Reuters) – BlackRock Inc Chief Executive Larry Fink this week dropped a stink bomb on a small corner of the $2.5 trillion global market for exchange-traded funds.
Europe needs to stick to reform path to secure growth: ECB’s Mersch
FRANKFURT (Reuters) – European policymakers should not give up on efforts to make their economies more efficient and stick to budget rules, despite a strong protest vote in European Parliament elections, the ECB’s Yves Mersch said on Saturday.
