Nomura Hunts for New Manhattan Offices as Firm Seeks to Downsize
The US unit of Tokyo-based Nomura Holdings Inc. is looking for new offices in Manhattan, joining finance firms seeking higher-quality space as they downsize their footprints.
Bloomberg Business
New Ecopetrol CEO Tanks Stock on Second Day in the Job
On his second day in the job, Ecopetrol SA’s chief executive officer sent shares in the state-run oil company plunging to a new low for the year.
Oil Falls as Cloudy Outlook Heightens Risk-Off Sentiment
Oil fell amid widespread losses on Wall Street as lackluster earnings and diminished consumer confidence prompted broad selling.
‘Fear Gauge’ Owner Eyes More Short-Term Tools After One-Day VIX
The world’s largest options exchange, nearing 50 years since its founding, plans to follow the launch of its one-day volatility index with more tools that capture near-term market swings.
Tech Star Lee’s Alleged Killer to Plead Not Guilty to Murder
The man accused of fatally stabbing Silicon Valley executive Bob Lee will plead not guilty to murder, his lawyer said.
BAT to Pay $635 Million to US Over North Korea Sanctions
Cigarette maker British American Tobacco plc agreed to pay $635.2 million to US authorities to resolve investigations into sanctions violations for selling products in North Korea and misleading banks about the source of those sales.
JetBlue to Cut 10% of NYC Summer Departures on FAA Snarls
JetBlue Airways Corp. criticized federal officials as the carrier said a shortage of air-traffic controllers would force it to cut 10% of its departures from the New York City area during the busy summer travel season.
Lending Slowdown After Banking Crisis Is ‘Concerning,’ UBS Says
UBS Group AG credit strategists say the pace of lending following March’s banking crisis looks “concerning,” unless issuance of commercial and industrial loans, corporate debt and asset-backed securities improves soon.
SVB Employees to Recoup $25 Million After Stock-Plan Snafu
Silicon Valley Bank employees who lost access to $25 million of wages earmarked for company stock purchases should now recover that money after the Federal Deposit Insurance Corp. determined the funds are insured.
Coinbase Takes Jab at SEC With Lawsuit Over Rule Petition
Coinbase Global Inc., the largest US crypto trading platform, isn’t waiting for the SEC to make the first move in what is expected to be a prolonged legal battle between the two.
