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Class A: DWOAX, Class I: DWOIX
Equity markets rose across developed and emerging markets, with emerging markets outperforming. Resilient economic growth, generally stable labor market conditions, and continued strength in technology and other growth-oriented sectors outweighed persistent
Clearstream said Monday that it will take part in the Eurosystem’s Pontes testing programme, supporting the introduction of distributed-ledger technology-based settlement in central bank money ahead of the solution’s launch. The post-trade services provider said it will carry out a series of end-to-end tests, in line with the European Central Bank’s testing and certification framework…
A group of state attorneys general, led by Oregon and New York, are suing the Office of the Comptroller of the Currency over its rule quashing laws requiring banks to pay interest on mortgage escrow accounts. Processing Content The suit was filed in the U.S. District Court in Oregon, seeking to prevent OCC from implementing…
President Donald Trump restarted his effort to remove Lisa Cook from the board of the Federal Reserve following a Supreme Court ruling against him. ABC News reported that Cook received notice that the White House was “considering” removing her and gave her three weeks to respond. Cook, a Biden appointee, is one of the 12…
A brutal summer stretch for the U.S. Treasury market risks getting worse come September, right as many of the world’s largest companies plan to unleash a new wave of bond issuance.
What has happened on the potential Sunnyside Yard project since Mayor Zohran Mamdani revived talk of it in February? “Nothing,” says Carlo Scissura, president and CEO of the New York Building Congress. “There’s no vision, there’s no grant application. There’s nothing.” Mamdani pitched President Donald Trump earlier this year on providing $21 billion in federal…
National Bank of Canada is expanding its trust and estate planning business in Western Canada with the acquisition of British Columbia-based Truvera Trust Corporation. The bank announced that its subsidiary Natcan Trust Company, which operates under the National Bank Trust brand, has signed an agreement to acquire Truvera for an undisclosed amount. National Bank said…