07:42 AM EDT, 06/20/2024 (MT Newswires) -- Darden Restaurants ( DRI ) reported fiscal Q4 adjusted net earnings from continuing operations Thursday of $2.65 per diluted share, up from $2.58 a year earlier. Analysts polled by Capital IQ expected $2.61. Sales for the quarter ended May 26 were $2.96 billion, up from $2.77 billion a year earlier. Analysts surveyed by...

07:46 AM EDT, 06/20/2024 (MT Newswires) -- Price: 35.60, Change: +0.21, Percent Change: +0.59 ...

07:46 AM EDT, 06/20/2024 (MT Newswires) -- The Federal Reserve is considering reproposing the Basel endgame rule, which seeks to further increase bank capital requirements, after receiving vigorous pushback from Wall Street, while the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency do not want to go that route, Reuters reported Thursday, citing five people...

BEIJING (Reuters) - China's banking regulator has given small banks a 2026 deadline to stop selling wealth management products unless they have a separate wealth subsidiary in a bid to curb financial risks, three people with knowledge of the matter told Reuters. A 2018 regulation and previous instructions had required banks to set up a wealth management subsidiary dedicated to...