Financial Times
Second-largest US bank also delivers disappointing performance in trading and investment banking
Bloomberg Markets
US equity futures waver ahead of the latest CPI data and bank earnings. ASML boosts its sales outlook and warns that it may not be able to meet soaring AI demand in 2027 and 2028. Iran-backed Houthis launches attacks across Saudi Arabia, hitting Saudi Aramco’s headquarters. Russia strikes energy facilities in Ukraine. Jerek Kutylowski of DeepL speaks to Bloomberg's Tom Mackenzie at the International AI Summit in Dublin. Christopher Hodge of Natixis joins "Bloomberg Brief" to look ahead to the in
Bloomberg Markets
Bank of America’s stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% to $2.55 billion and equity trading down 10% to $2.51 billion. The bank’s results were also hurt by a charge tied to a regulatory penalty over money laundering and sanctions violations. Kristine Aquino reports on Bloomberg Television. (Source: Bloomberg)
MarketWatch
Goldman Sachs economists have calculated how much the AI boom has contributed to inflation.
CNBC Finance
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
MarketWatch
Third-quarter earnings growth is expected to be driven by energy and semiconductor companies, but what if the rest of the market shows up? HSBC envisages a stock market finally broadening out.
Bloomberg Markets
India’s securities watchdog proposed sweeping changes to rules governing the listing and trading of small companies, seeking to ease access to capital markets and broaden investor participation.
Bloomberg Markets
Federal Reserve Vice Chair for Supervision Michelle Bowman said that although inflation remains above the central bank’s goal, “I think we have some time to wait and see how financial conditions and the economy evolves.” She spoke Wednesday with Institute of International Finance CEO Tim Adams at the IIF Annual Membership Meeting in Bangkok. (Source: Bloomberg)
Bloomberg Markets
Why are women wearing sports shoes designed for men, just made smaller? Tim Loh explores the startups creating performance sneakers actually made for women. (Source: Bloomberg)
Financial Times
In a wide-ranging interview with the FT, the far-right leader declares that France is ready to close the chapter on mainstream politics
CNBC Finance
Delta is upgrading its top-tier Delta One cabin with new suites for its largest A350 plane, starting next year.
Bloomberg Markets
US mortgage rates continue to rise, pushing down home purchasing activity for a sixth straight week.
Bloomberg Markets
Iran-backed Houthis launched missile and drone attacks across Saudi Arabia, targeting several cities, as oil giant Saudi Aramco’s headquarters in the east of the kingdom was hit.
ASML shares rose after the Dutch company said soaring artificial intelligence spending means it’s searching for ways to produce more chip-making machines over the next two years.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down
Bloomberg Markets
The rules of engagement between countries are changing in a world increasingly shaped by Donald Trump and China. What does it take to survive? Rebecca Choong Wilkins explains from Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Bloomberg Markets
European Union bank bosses watching Wall Street rivals reap the benefits of US President Donald Trump’s deregulation drive can expect the EU to find ways to deliver some rule relief as soon as next year, according to the head of the bloc’s banking regulator.
Bloomberg Markets
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Helene Budliger Artieda, Switzerland's State Secretary for Economic Affairs; Kevin Sneader, Goldman Sachs President of Asia Pacific Ex-Japan (Source: Bloomberg)
MarketWatch
Fund-management giant BlackRock on Wednesday said assets under management are nearly $15.5 trillion after growth of 15%.
CNBC Finance
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
Bloomberg Markets
Market strategists predict that the earnings season just kicking off in Europe will be a blockbuster one, with sectors including technology and energy taking the lead in beating profit estimates across the continent.
Bloomberg Markets
How did Rockstar Games build Grand Theft Auto VI, what is expected to be the biggest video game blockbuster of all time? Well, first it had to rebuild itself, Jason Schreier explains. (Source: Bloomberg)