Financial services

FILE - In this Dec. 11, 2019, file photo specialist Thomas McArdle, left, and trader Jonathan Corpina, right, work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Dec. 18. (AP Photo/Richard Drew, File)
December 19, 2019 - 1:22 am
BEIJING (AP) — Asian stock markets sank Thursday after the U.S. House of Representatives voted to impeach President Donald Trump and Japan's central bank kept ultra-low interest rates unchanged. Following a listless day on Wall Street, investors looked ahead to other interest rate decisions by...
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December 18, 2019 - 9:16 am
New York Life will spend more than $6 billion in cash to acquire the group life and disability coverage business of the insurer Cigna. New York Life said Wednesday that the deal will add millions of customers to its business. Cigna Corp. gets a significant amount of cash that it will use to buy...
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Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
December 18, 2019 - 5:47 am
LONDON (AP) — Inflation in Britain held steady at 1.5% in the year to November, official figures showed Wednesday, reinforcing expectations that the Bank of England will not cut its main interest rate on Thursday. The Office for National Statistics said the largest downward push on the consumer...
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FILE - In this file photo dated Wednesday, Dec. 11, 2019, people gather near London Bridge, backdropped by the city of London financial district, with 20 Fenchurch Street building known as The Walkie-Talkie building, top right. Prime Minister Boris Johnson's decisive victory in last week's general election provided little comfort to Britain's once world-beating financial services industry, which has been battered by Brexit for more than three years. (AP Photo/Thanassis Stavrakis, FILE)
December 18, 2019 - 5:08 am
LONDON (AP) — Prime Minister Boris Johnson's decisive victory in last week's general election provided little comfort to Britain's once world-beating financial services industry, which has been battered by Brexit for more than three years. While Johnson's triumph buoyed optimism that he would end...
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FILE - In this Aug. 15, 2019, file photo, a Pacific Gas & Electric worker walks in front of a truck in San Francisco. Pacific Gas and Electric has reworked a $13.5 billion settlement with victims of deadly wildfires blamed on the utility to try to prevent it from unraveling after California Gov. Gavin Newsom rejected the company's financial rehabilitation plan. The revision discussed in a bankruptcy court hearing Tuesday, Dec. 17, 2019, removes a provision requiring Newsom to approve the deal as a key piece of PG&E's plan to emerge from bankruptcy protection by June 30. (AP Photo/Jeff Chiu, File)
December 17, 2019 - 10:01 pm
SAN FRANCISCO (AP) — A federal bankruptcy judge on Tuesday approved two Pacific Gas & Electric settlements totaling $24.5 billion to help pay the losses suffered by homeowners, businesses and insurers in the aftermath of catastrophic Northern California wildfires that sent the nation’s largest...
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FILE - In this Tuesday, Nov. 12, 2019, file photo, the U.S. Capitol is seen as the sun sets in Washington. Negotiations on a package of spending bills to fund the federal government have produced a key breakthrough, though considerably more work is needed to wrap up the long-delayed measures. Top lawmakers of the House and Senate Appropriations committees on Saturday, Nov. 23, confirmed agreement on allocations for each of the 12 spending bills. (AP Photo/Manuel Balce Ceneta, File)
December 17, 2019 - 3:15 pm
WASHINGTON (AP) — A raft of expired and expiring tax breaks, including deductions for mortgage insurance premiums, college tuition and large medical bills, would be renewed under a massive government-wide funding bill approved by the Democratic-controlled House. The action comes a few days before...
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December 12, 2019 - 12:39 pm
ATHENS, Greece (AP) — Lawmakers in Greece on Thursday approved a state guarantee system aimed reducing a massive volume of non-performing and troubled loans at private banks that built up during the country's extended financial crisis. Parliament approved the so-called Hercules asset protection...
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FILE - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels. Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)
December 12, 2019 - 12:04 pm
FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank. The bank's new president said at her first news conference Thursday that she will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how...
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Investors monitors stock prices at a brokerage in Beijing on Thursday, Dec. 12, 2019. Asian shares are mixed after a wobbly day on Wall Street following the Federal Reserve announcement that it would leave interest rates unchanged. Japan's benchmark Nikkei 225, South Korea's Kospi and Hong Kong's Hang Seng rose in early Thursday trading. (AP Photo/Ng Han Guan)
December 12, 2019 - 4:00 am
TOKYO (AP) — Global shares were mixed Thursday after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Adding to the uncertainties overhanging the markets this week, Britain will vote in a national election Thursday that will likely...
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Trader Sal Suarino works on the floor of the New York Stock Exchange, Wednesday, Dec. 11, 2019. Stocks are opening mixed on Wall Street following news reports that US President Donald Trump might delay a tariff hike on Chinese goods set to go into effect this weekend. (AP Photo/Richard Drew)
December 11, 2019 - 9:57 pm
TOKYO (AP) — Asian shares were mixed Thursday, after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 23,433.83, while Australia's S&P/ASX 200 lost 0.7% to 6,706.90...
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