A group of organizers is planning to open a de novo
Morgan Stanley Investment Management Inc. has raised more than $1.4 billion for a private investment fund
Former executives of AriseBank Inc. will pay nearly $2.7 million to settle charges filed by the Securities and Exchange Commission for allegedly selling unregistered investments in their purported "AriseCoin" cryptocurrency
Trading revenue at U.S. commercial banks
Private equity firms Apollo Global Management LLC and Ares Management LP are lobbying for the SEC and Congress to ease rules that would enable mutual funds and other big money managers to invest in business development companies
The Kuala Lumpur High Court dismissed a bail application by former Goldman Sachs Group Inc. banker Roger Ng, who is facing charges in connection with his involvement in siphoning of billions of dollars from 1Malaysia Development Bhd., saying that Ng would likely abscond, The Star reports. Ng is currently on a 60-day remand pending the proceedings at the Kuala Lumpur sessions court to extradite him to the U.S.
In other parts of the world
Asia-Pacific: Anbang sells 35% stake in local bank; Bandhan Bank gets nod to open 40 branches
Europe: UK's May wins vote; Unicaja, Liberbank confirm deal talks; GAM sees CHF925M loss
Middle East & Africa: Malaysian lender eyes merger with Al Rajhi unit; Ghana's banks race against time
Now featured on S&P Global Market Intelligence
Deal would send Berkshire Hills further into New England under new CEO: Richard Marotta, Berkshire Hills Bancorp's newly installed president and CEO, plans to focus on deal opportunities that will allow the bank to bolster its returns through the deployment of both capital and liquidity.
The day ahead
Early morning futures indicators pointed to a mixed opening for the U.S. market.
In Asia, the Hang Seng rose 1.29% to 26,524.35, and the Nikkei 225 was up 0.99% to 21,816.19.
In Europe, as of midday, the FTSE 100 fell 0.23% to 6,864.05, and the Euronext 100 was down 0.40% to 949.24.
On the macro front
The jobless claims report, the import and export prices report, the Energy Information Administration natural gas report, the treasury budget report, the Federal Reserve balance sheet and the money supply report are 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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