The Federal Housing Finance Agency announced a revised cap structure
In New York, members of the 89-year-old Postal Employees of Troy N.Y. FCU agreed at a special meeting Sept. 12 to discontinue operation and merge
Goldman Sachs Group Inc. CEO David Solomon and President John Waldron have been talking to dozens of the company's partners, offering them huge payouts
Meanwhile, Goldman Sachs seems to be imitating JPMorgan Chase & Co.'s strategy in the big banks' fight for share in the $4 trillion U.S. exchange-traded funds
Speaking of JPMorgan, federal prosecutors might bring up charges of precious metals markets price rigging
HBT Financial Inc., formerly known as Heartland Bancorp Inc., filed for an IPO
Senate Banking Committee Chairman Mike Crapo, R.-Idaho, is preparing to hold a vote on legislation that would allow banks to engage in business with cannabis-related businesses
In other parts of the world
Asia-Pacific: HKEX to press on despite LSE rebuff; regulators mull key rate decisions
Europe: LSE rejects HKEX's £32B offer; ex-Deutsche CEO becomes Man Group chair
Middle East & Africa: Old Mutual's spat with Moyo drags on; Zimbabwe hikes key rate
Now featured on S&P Global Market Intelligence
US banks close net 83 branches in August: U.S. banks and thrifts closed 160 branches and opened 77 in August for a net 83 closures, according to S&P Global Market Intelligence data.
Agricultural loan delinquencies rise YOY in Q2'19: The delinquency rate of agricultural loans at U.S. banks and thrifts rose 15 basis points year over year to 2.10% in the second quarter, while it declined from 2.40% in the first quarter.
CECL could pose 'heightened risk' for small banks: After years of guidance, only a small number of community banks are ready to adopt the current expected credit loss accounting model, and some bankers believe the CECL standard poses a risk to small banks with scant resources.
The day ahead
Early morning futures indicators pointed to a lower opening for the U.S. market.
In Asia, Hang Seng slipped 0.83% to 27,124.55.
In Europe, around midday, the FTSE 100 shed 0.24% to 7,349.78, and the Euronext 100 dropped 0.59% to 1,087.19.
On the macro front
The Empire State Manufacturing Survey 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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