07:16 AM EST, 12/12/2024 (MT Newswires) -- Nomura Holdings ( NMR ) and Morgan Stanley ( MS ) are set to roll out a foreign exchange market facility in India, Bloomberg News reported Thursday, citing people familiar with the matter. Nomura's Nomura Fixed Income Securities unit recently approved the initiative for its Indian primary dealership and expects to roll out...

07:15 AM EST, 12/12/2024 (MT Newswires) -- Carlyle Group ( CG ) has paused investments in high-end European consumer goods companies, Bloomberg reported Thursday, citing people with direct knowledge of the matter. Higher inflation and credit costs have reduced consumer demand for luxury goods, spurring Carlye to curb its appetite for buying and selling such firms, the report said. The...

07:16 AM EST, 12/12/2024 (MT Newswires) -- The US Consumer Financial Protection Bureau has adopted new regulations, capping overdraft fees at $5 per transaction for banks with over $10 billion in assets, multiple media outlets reported Thursday. The rule is expected to save depositors $5 billion annually. The CFPB is cracking down on these excessive junk fees and requiring big...

Dec 12 (Reuters) - Meta Platforms ( META ) has donated $1 million to U.S. President-elect Donald Trump's inaugural fund, a company spokesperson told Reuters in an emailed response. The Wall Street Journal, which first reported the news, said the donation was a departure from past practice by CEO Mark Zuckerberg and Meta. Zuckerberg had declined to endorse either Donald...