Latest News on private equity markets

What the Fed cutting interest rates to zero means for you

What the Fed cutting interest rates to zero means for you

In a surprise move, the Fed cut interest rates to essentially zero. That will have far-reaching consequences for everyday Americans.

6 years ago
Comparison of UK banking providers’ fraud controls

Comparison of UK banking providers’ fraud controls

FCA | March 9, 2020 Reducing fraud is a priority for the FCA. This page contains information about banks’ fraud controls. It is intended to enable consumers and consumer groups to compare how banks protect their customers against fraud, and to help consumers to make better informed choices about their banking providers. The information was

6 years ago
Federal Reserve statement - lowering federal funds rate to 0 to .25%

Federal Reserve statement - lowering federal funds rate to 0 to .25%

The Federal Reserve issued coordinated actions to combat the economic impacts of the coronavirus Sunday night, including cutting its key lending rate to zero.



6 years ago
New York Fed full statement: Treasuries, mortgage-backed securities

New York Fed full statement: Treasuries, mortgage-backed securities

The Federal Reserve announced a series of coordinated monetary policy moves aimed at offsetting the economic impact of the coronavirus on Sunday night.



6 years ago
Nike, Under Armour to close all U.S. stores due to coronavirus

Nike, Under Armour to close all U.S. stores due to coronavirus

U.S. sportswear retailers Nike Inc and Under Armour Inc said on Sunday they are closing all stores in the United States to limit the spread of the coronavirus.



6 years ago
Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow

Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow

The U.S. Federal Reserve slashed rates back to near zero, restarted bond buying and launched other measures from its crisis-era toolkit, along with other central banks, to put the floor under a rapidly disintegrating global economy assailed by efforts to contain the escalating coronavirus pandemic.



6 years ago
Under water? Banks play home loan lottery as insurers bail out

Under water? Banks play home loan lottery as insurers bail out

Only a year after losing their homes to floods in parts of Australia's north eastern coast of Queensland, people are moving into new houses built on or near the same plots.



6 years ago
Factories shift operations in scramble to restock supermarket shelves

Factories shift operations in scramble to restock supermarket shelves

With supermarkets stripped of food and many other essentials, consumer product companies halted factory runs of niche items such as scented bleach in order to speed up production of more basic merchandise that is in high demand.



6 years ago
Delta suspends some London, Dublin flights after new U.S. travel restrictions

Delta suspends some London, Dublin flights after new U.S. travel restrictions

Delta Air Lines Inc said Sunday it will halt service to London from Detroit and Dublin flights from New York after the White House announced it was imposing new travel restrictions on United Kingdom and Ireland.



6 years ago
Germany tries to halt U.S. interest in firm working on coronavirus vaccine

Germany tries to halt U.S. interest in firm working on coronavirus vaccine

Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.



6 years ago
Volkswagen says preparing to suspend production at Bratislava plant

Volkswagen says preparing to suspend production at Bratislava plant

Volkswagen is preparing to suspend operations at its manufacturing plant in Bratislava, the company said on Sunday, after Slovakia declared a state of emergency due to the coronavirus outbreak.



6 years ago
Even the world's biggest hedge fund was caught flat-footed by the coronavirus market sell-off

Even the world's biggest hedge fund was caught flat-footed by the coronavirus market sell-off

The Financial Times reported Bridgewater's flagship fund is down about 20% for the year following the swift plummet from all-time highs into a bear market from stocks.

6 years ago
Goldman downgrades U.S. growth forecast for first and second quarter due to coronavirus

Goldman downgrades U.S. growth forecast for first and second quarter due to coronavirus

Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the coronavirus outbreak.



6 years ago
Revolut lets your purchase gold | SoFi hires Amazon exec to lead deposit, card businesses

Revolut lets your purchase gold | SoFi hires Amazon exec to lead deposit, card businesses

American Banker | Kevin Wack | March 12, 2020 The latest high-level hire at Social Finance is a former Jeff Bezos deputy who will oversee the San Francisco firm’s deposit, credit card and brokerage units. Maria Renz, who spent 21 years at Amazon, joined SoFi on Wednesday as an executive vice president and group business

6 years ago
Gasoline becomes more affordable, just when Americans don't need it

Gasoline becomes more affordable, just when Americans don't need it

At two gasoline stations in Scarsdale, a wealthy suburb of New York City not far from one of the nation's worst outbreaks of coronavirus, attendants whiled away the minutes on a rainy Friday morning at what would normally be their busiest time of day.



6 years ago