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30/08/2025
Senior executives of Credit Suisse Group have agreed to pay $115 million to settle a shareholder lawsuit. Shareholders accused them of failing to maintain proper risk management.
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3 m ago
The Hang Seng Index main night session closed up 1.18% at 25,319 points. The Hang Seng Tech Index main night session closed up 1.39% at 5,773 points.
3 m ago
U.S. Securities and Exchange Commission: Vanguard Group encouraged advisors to register for personal financial services for clients without fully disclosing the employees' financial interests. Vanguard Group has agreed to pay $19.5 million to settle the charges, but did not admit or deny any wrongdoing.
6 m ago
Heavyweight Democratic senators in the United States Senate are urging the Trump administration to postpone its plans to sell shares of Fannie Mae and Freddie Mac in order to study the potential impact on mortgage rates. In a letter addressed to Federal Housing Finance Agency (FHFA) Director Bill Pulte on Friday, a group of senators including Elizabeth Warren from Massachusetts called on the FHFA to focus on reducing housing costs. "You can avoid increasing household costs and weakening the broader housing market stability by pausing any actions to privatize the two companies and instead studying the potential impact on the mortgage market," the letter stated. The letter was jointly signed by Warren, Senate Minority Leader and New York Senator Chuck Schumer, and New Jersey Senator Cory Booker.
6 m ago
Democratic lawmakers urge the Trump administration to pause the sale of Fannie Mae and Freddie Mac shares.
17 m ago
Brent crude oil futures closed at $68.12 per barrel, down 50 cents, or 0.73%.
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