Bloomberg Top News

Wells Fargo & Co. warned about shakiness in the commercial real estate market and said it’s reviewing its $35 billion portfolio of office loans for ways to decrease risk.

The US Securities and Exchange Commission on Friday altered a proposed rule to make more explicit that digital-asset exchanges and decentralized-finance platforms must register with the regulator.

Beleaguered US regional banks are assessing whether bond sales to replace lost deposits are worth the cost, as credit investors weigh whether they’re worth the risk.

Former Treasury Secretary Lawrence Summers warned of “troubling” signs that the US is losing global influence as other powers align together and win favor among nations not yet aligned.

Shadow lending firms are preparing to push into commercial property financing as regional banks — wounded from the blowup of Silicon Valley Bank — beat a retreat.

Shadow lending firms are preparing to push into commercial property financing as regional banks — wounded from the blowup of Silicon Valley Bank — beat a retreat.

The global economy is confronting increased risks to growth even as the financial system likely withstands recent bank turmoil, top ministers said after meeting in Washington this week.

A surge in sugar prices is driving buyers to delay international purchases and tap local inventories, further pressuring global stockpiles that stand at the lowest in a decade.

Former President Donald Trump defended his real estate business during a seven-hour deposition with New York Attorney General Letitia James, defying expectations that he would plead his Fifth Amendment right against self-incrimination as he did the first time he was questioned.

HSBC Holdings Plc said rising interest rates have put a deal to sell its French retail banking business into question, a potential blow to its plans to streamline its global operations.