Cantor Fitzgerald & Co. and BMO Capital Markets Corp. agreed to pay more than $647,000 and $3.9 million, respectively, to settle
Grand Forks, N.D.-based Alerus Financial Corp. filed a registration statement with the SEC for an initial public offering
In Texas, Happy Bancshares Inc. agreed to purchase and assume the operations of Centennial Bank and its holding company Commerce BancShares Inc. Happy State Bank will assume Centennial Bank's roughly $585 million in loans and $679 million in deposits in the deal
Cryptocurrency
President Donald Trump spoke by phone to JPMorgan Chase & Co. CEO Jamie Dimon, Bank of America Corp. CEO Brian Moynihan and Citigroup Inc. CEO Michael Corbat about the state of the U.S. consumer after stock markets plunged Aug. 14 when the yield curve inverted, sources told CNBC. An inverted yield curve
JPMorgan plans to host a conference call to brief clients on volatility in equity markets, Reuters reports, citing an invitation from JPMorgan Cross-Asset & Derivatives Strategy. During the event, the bank plans to discuss systematic flows and liquidity dynamics in equities and the extent to which high-frequency trading is responsible for drops in market depth.
Goldman Sachs Group Inc. has engaged lawyer Chetan Jethwani to hold a watching brief in the second trial of former Malaysian Prime Minister Najib Razak over 1Malaysia Development Berhad, or 1MDB
In other parts of the world
Asia-Pacific: China revises loan prime rate mechanism; Malaysia eases forex policy
Europe: Leaked Brexit crisis plan; ECB clears Carige rescue; NatWest data breach
Middle East & Africa: Bahrain's Al Salam Bank denies merger rumors; Africa growth risks increasing
Now featured on S&P Global Market Intelligence
M3F adds 7 banking positions in Q2'19; Citizens Financial takes top spot: Salt Lake City-based hedge fund manager M3F Inc. initiated seven new banking positions worth a combined $14.3 million during the second quarter, according to the firm's most recent Form 13F filing.
The day ahead
Early morning futures indicators pointed to a higher opening for the U.S. market.
In Asia, the Hang Seng grew 2.17% to 26,291.84, and the Nikkei 225 was up 0.71% to 20,563.16.
In Europe, as of midday, the FTSE 100 was up 1% to 7,188.07, and Euronext 100 had climbed 1.11% to 1,042.75.
On the macro front
The E-Commerce Retail Sales report is due out today.
Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.
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