Analysis: U.S. investors looking for protection as inflation pressures bubble, stocks volatile
NEW YORK (Reuters) - U.S. investors grappling with the latest stock volatility and evidence of inflation say they have been positioning themselves for more unexpected kinks in the road to recovery.
Exclusive: Personal finance startup NerdWallet files for U.S. IPO - sources
(Reuters) - NerdWallet Inc, the owner of the eponymous consumer financial advice website, has confidentially submitted paperwork to U.S. regulators for an initial public offering (IPO), people familiar with the matter said on Friday.
DBS private bank offers wealth succession planning for cryptocurrencies
HONG KONG (Reuters) - DBS Group said on Friday its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their succession plans.
Reckitt shortlists bidders for $2 billion Mead Johnson China business - sources
HONG KONG (Reuters) - British consumer goods company Reckitt Benckiser Group has shortlisted bidders including Bain Capital, Carlyle Group and dairy producer Yili to submit binding offers for its Greater China infant formula business, sources said.
Investors rush to buy inflation protection - BOfA
LONDON (Reuters) -Investors are loading up on inflation protection, while starting to grow more cautious on rate-sensitive tech stocks as fears grow of a price uptick that may force the U.S. Fed to bring forward policy tightening, BofA's weekly data showed on Friday.
Soaring retirement healthcare price tag calls for some careful planning
CHICAGO (Reuters) - How much will healthcare cost you in retirement? Your mileage will vary - but this much is clear: the forecast is getting more intimidating.
New generation of digital banks bets on minority markets
NEW YORK (Reuters) - After a doctor's visit, three court appearances, five trips to the bank and having her name and address published in a newspaper, Billie Simmons finally got a debit card with her chosen name.
JPMorgan, others discuss issuing credit cards to people with no credit scores - WSJ
(Reuters) - JPMorgan Chase & Co, Wells Fargo, U.S. Bancorp and other banks plan to share data on customers' deposit accounts to extend credit to people who have traditionally been barred from getting them, the Wall Street Journal reported.
Americans' top financial regret? Not saving for an emergency
NEW YORK (Reuters) - Regrets, we've had a few. Or when it comes to our money, a whole lot.
Bankers quit London as Brexit relocations to EU step up
LONDON/PARIS (Reuters) - Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain's access to the bloc slowed relocations.