US regulators scrutinize asset managers

Source: Dukascopy Bank SA
The US Federal Deposit Insurance Corp has started to consider proposing new regulation that would stop State Street, Vanguard and BlackRock from impacting the management of US banks. The major global asset managers have been known for setting rules and demands on firms, which seek capital investment.
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Wed, 03 Apr 2024 17:35:04 GMT

Intel stock reacts to business loss

This week, the stock price of Intel declined due to increasing losses at the firm's contract chip producing business. These losses indicate that the company would struggle years to catch up with its rival TSMC.

Thu, 04 Apr 2024 11:30:03 GMT

GE completes split

This week, General Electric has finished a split into three separate companies. The event marks the end of the 132 year old conglomerate. The aerospace and energy divisions of GE have started to trade separately on the NY Stock Exchange.

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