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China's top securities regulator vows to 'strictly' crack down on market manipulators

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China's central bank governor says there's room to cut banks' reserve requirements

China's PBOC governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy to "mildly" prop up consumer prices.

Fed Chair Powell testifying to House on Wednesday. What investors are expecting

Markets are intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.

British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.

Monzo has raised $430 million in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet.

New CFPB rule caps banks' credit card late fees at $8

By cutting late fees to $8 from an average of around $32, more than 45 million card users would save an average of $220 annually, the CFPB said in a release.

Nigeria battles to halt spiraling currency crisis and rising food insecurity

Nigeria is battling to contain a historic currency crisis and soaring inflation, with the IMF warning that almost one in 10 face food insecurity.

Some NYCB deposits may be a flight risk after Moody’s downgrades ratings again

Moody's slashed one of New York Community Bank's key ratings for the second time in a month.

'Last chance saloon': UK finance minister expected to pledge pre-election tax cuts

Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday.

‘One of the most important innovations in investing’: TMX CEO jumps deeper into ETFs

The Toronto Stock Exchange’s parent company acquired ETF education company VettaFi. According to CEO John McKenzie, it will help with ETF growth worldwide.

Wall Street is worried about NYCB's loan losses and deposit levels as stock sinks below $4

NYCB restated recent quarterly earnings lower by $2.4 billion, formally replaced its CEO and delayed the release of a key annual report.

Shares of NYCB fall 18% after bank discloses 'internal controls' issue, CEO change

The regional bank has been under pressure in recent months, in part due to concerns about its exposure to commercial real estate.

'Ghosting' gets more common in the job market: It’s not a 'passing fad,' report notes

Job applicants and employers are increasingly ghosting each other, data suggests. That behavior may be unwise, according to career experts.
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