South African Reserve Bank Cuts Main Repo Rate to 7.25%
The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.
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Japan's NTT Unit Plans to Buy Online Bank in $5.1 Billion Deal
The wholly owned mobile-carrier unit of NTT intends to launch a tender offer to purchase shares of SBI Sumishin Net Bank and take it private.
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Vance Vows to Champion the Crypto ‘Movement'
Speaking at a bitcoin conference in Las Vegas, the vice president said President Trump would sign a bill that establishes rules for stablecoins.
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Trump Officials Keep Talking About Fannie Mae and Freddie Mac. Confusion Reigns.
Fannie Mae and Freddie Mac have been under government conservatorship since the 2008 financial crisis.
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The Fed Forecasts Stagflation
Officials at their May 6-7 meeting reaffirmed the need for a "cautious approach" given increased uncertainty over tariff policies.
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Seaside Equity Amasses More Than $720 million for New Funds
Seaside Equity Partners is wrapping up two new funds that will add more than $720 million in fresh capital to the San Diego-based firm's investment coffers, according to people familiar with the process.
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Financial Services Roundup: Market Talk
Find insight on UniCredit, Societe Generale, and more in the latest Market Talks covering financial services.
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Bank of Montreal Raises Dividend After Rise in Quarterly Earnings
Bank of Montreal bumped up its dividend after earnings in its second-quarter were lifted by strength in its wealth management business.
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UniCredit to Double Stake in Greece's Alpha Bank to Around 20%
The move deepens UniCredit's partnership with one of Greece's largest lenders at a time when its expansion efforts in Germany and Italy are facing roadblocks.
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Telegram Set to Raise $1.5 Billion in Bond Issue Despite CEO's Legal Woes
The messaging app is set to raise funds from both new and existing backers.
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This Vanguard Bond Fund Is Taking Some Calculated Risks
Corporate bonds, securitized debt, and foreign bonds are among the $13.8 billion Vanguard Core Bond fund's recent buys.
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Garcia's Take: Asset Light or Asset Heavy? The Question Shaping Private-Markets Players
Publicly traded private-equity firms, usually seen as alike, diverge to pursue two very different growth strategies.
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Spain to Further Review BBVA's Bid for Sabadell
The offer for the Catalan lender was to be referred to the cabinet on general-interest grounds other than competition, citing the potential impact on the sector, territorial cohesion and social policy.
(END) Dow Jones Newswires
May 29, 2025 11:00 ET (15:00 GMT)
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