The SEC has suspended trading of Bitcoin Tracker One and Ether Tracker One until at least Sept. 20. In its order, the regulator
Rockefeller Capital Management L.P. is in talks to acquire assets from wealth manager CTC myCFO LLC, an anonymous source told Bloomberg News. With plans of expansion, the asset manager
And LendingClub Corp. chose not to settle with the Federal Trade Commission, according to an FTC official, in a lawsuit alleging the digital lender of
In other parts of the world
Asia-Pacific: ICBC gets nod for Austrian unit; India fines 3 lenders; Axis Bank names CEO
Europe: Lloyd's confirms Neal as CEO; probe looking into $150B of Danske transactions
Middle East & Africa: Bahrain's Al Baraka eyes 2019 share offering; Zimbabwe names new finance chief
Now featured on S&P Global Market Intelligence
449 US banks concentrated in CRE in Q2'18: Commercial real estate loans kept increasing at U.S. banks and thrifts in the second quarter, but the number of banks concentrated in CRE lending fell from the previous quarter, according to an S&P Global Market Intelligence analysis.
Yield curve recession signals get a new reading: Yield curves are again signaling a possible recession as soon as next year depending on which data are being analyzed, economists say. But new findings from the Federal Reserve Bank of San Francisco — and the behavior of investors themselves — suggest that betting on a slowdown in the next several quarters would be premature.
The day ahead
Early morning futures indicators pointed to a higher opening for the U.S. market.
In Asia, the Hang Seng was down 1.33% to 26,613.42. The Nikkei 225 rose 0.30% to 22,373.09.
In Europe as of midday, the FTSE 100 was up 0.36% to 7,304.01, and the Euronext 100 was up 0.48% to 1,034.28.
On the macro front
The consumer credit report and the TD Ameritrade Investor Movement Index 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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