DIRS.INFO The most relevant business & tech news

Oct 14 (Reuters) - The U.S. Treasury Department is asking primary dealers of U.S. Treasuries whether the government should buy back some of its bonds to improve liquidity in the $24 trillion market. The Treasury is also querying whether reduced volatility in the issuance of Treasury bills as a result of buybacks made for cash and maturity management purposes could be a "meaningful benefit for Treasury or investors." But it let that exclusion expire and big banks had to resume holding an extra layer of loss-absorbing capital against Treasuries and central bank deposits. The Treasury Borrowing Advisory Committee, a group of banks and investors that advise the government on its funding, has said that Treasury buybacks could enhance market liquidity and dampen swings in Treasury bill issuance and cash balances. The Treasury is posing the questions as part of its regular survey of dealers before each of its quarterly refunding announcements.

☆ Morgan Stanley's decline on Q3 results is too severe and may lead to a buying opportunity
▼ + stars: | 2022-10-14 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Club holding Morgan Stanley (MS) reported weaker-than-expected results for its third-quarter before the opening bell Thursday. Segment results Institutional Securities net revenue of $5.82 billion for Q3 missed expectations of nearly $6 billion. Wealth Management net revenue of $6.12 billion for Q3 came up a bit short versus expectations of $6.15 billion. Investment Management net revenue of $1.17 billion for Q3 missed the $1.34 billion consensus. The logo of Morgan Stanley is seen in New York Shannon Stapleton | Reuters

☆ JPMorgan, Citigroup say higher capital requirements may hurt lending
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Oct 13 (Reuters) - Leaders from U.S. banking giants on Thursday said strict capital requirements, which were bolstered after the 2008 financial crisis, could restrain economic activity. Higher capital requirements for big banks may curb lending and amplify a potential recession, Citigroup (C.N) Chairman John Dugan told attendees at the Institute of International Finance conference in Washington. Register now for FREE unlimited access to Reuters.com RegisterRestraining banks from lending during a slowdown could "amplify the recessionary effect," he said. The U.S. Federal Reserve is conducting a "holistic" review of bank capital requirements and might impose tougher rules on large regional lenders, its new regulatory chief said last month. But the biggest banks, which face the strictest set of capital requirements and have lobbied for years for relief, face an uphill climb with regulators.

☆ Insight Partners to acquire stake in software firm Aptean
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

Oct 10 (Reuters) - New York-based private equity and venture capital firm Insight Partners will acquire a minority stake in Aptean, the business software firm said on Monday. Existing investor TA Associates has also invested, Aptean said, making the investment firm its largest shareholder. Register now for FREE unlimited access to Reuters.com RegisterVista Equity Partners, previously equal partners in Aptean with TA Associates, will fully exit its stake in the company. Charlesbank Capital Partners, a private investment firm that joined TA Associates and Vista Equity as stakeholder in 2020, will continue to be a shareholder, Aptean said. The investment firm then merged CDC Software with Consona Corp to form Aptean.

☆ SINAI Technologies raises $22 mln backed by Energize Ventures
▼ + stars: | 2022-09-27 | by ( Juliette Portala | ) www.reuters.com time to read: +2 min

SummarySummary Companies SINAI helps companies cut emissions and reallocate capitalArcelorMittal, Natura, Toshiba, Siemens among SINAI customersPresidio Ventures, NEC Translink Capital take part in roundSept 27 (Reuters) - U.S.-based SINAI Technologies, which produces technology to help companies measure carbon emissions and recommends ways of mitigating them, has raised $22 million from investors including Energize Ventures to fund growth, it said on Tuesday. "But it's ultimately up to the (companies) to decide where they are going to invest." Eileen Waris, principal at Energize Ventures, said that SINAI had cut through a climate space which could be considered as "crowded" by early-stage companies. "I have no doubt they will make it to the next round of funding," she stated. Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala ; Editing by Carolyn Cohn and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. bank regulators consider new rules for regional banks in times of crisis, Wall Street Journal reports
▼ + stars: | 2022-09-18 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterPeople walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo/File PhotoSept 18 (Reuters) - A group of bank regulators appointed by U.S President Joe Biden is considering new rules which will require big regional banks to add financial cushions that can be used in times of crisis, the Wall Street Journal reported on Sunday. The new steps include the regional banks raising long-term debt that will help absorb losses in cases of insolvency, the WSJ reported adding three people familiar with the matter. The WSJ report comes over a week after U.S. Federal Reserve chief Michael Barr said that there soon may be tougher rules on large regional lenders after a 'holistic' review of bank capital requirements is concluded. read more(This story refiles to make clear WSJ attribution in headline)Register now for FREE unlimited access to Reuters.com RegisterReporting by Rachna Dhanrajani in Bengaluru, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "NK Capital"

6 mentions found