After acquiring stakes in two Berlin-based fintech firms in 2019, Goldman Sachs Group Inc. is looking to invest in more German financial technology
In Iowa, Bank Iowa Corp. agreed to acquire First State Bank of Colfax in a deal
Elsewhere in Maine, County FCU and Penobscot County FCU are merging in a deal expected to close by April 1, 2020. Upon closing, County FCU CEO and President Ryan Ellsworth will serve as the CEO and president of the combined organization.
Massachusetts-based Needham Bank plans to convert to a mutual holding company
Yves Mersch, a member of the executive board of the European Central Bank, hit out at Facebook Inc. over its digital currency, Libra
Some tribes and banks that serve Native American communities are calling on bank regulators to provide them with direct access to financial services for funding local projects, American Banker reports. The tribes have called for a reform of the Community Reinvestment Act
In other parts of the world
Asia Pacific: UK approves PSC Insurance deal; IFC names Singapore head
Europe: UK PM warns of snap elections; Lloyds, Tesco in £3.8B deal; Rabobank sells CoCos
Middle East & Africa: Emirates NBD hikes foreign ownership cap; Old Mutual plans share buybacks
Early morning futures indicators pointed to a lower opening for the U.S. market.
In Asia, the Hang Seng fell 0.39% to 25,527.85, and the Nikkei 225 rose 0.02% to 20,625.16.
In Europe, around midday, the FTSE 100 dropped 0.30% to 7,259.44, and the Euronext 100 was down 0.47% to 1,061.71.
On the macro front
The Purchasing Managers' manufacturing index, the Institute For Supply Management's manufacturing index and the construction spending 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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