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US bankers cautious on crypto despite expected regulatory easing

RPT-REUTERS NEXT-US bankers cautious on crypto despite expected regulatory easing Repeats story first published on Wednesday. Bankers cautious despite Trump's pro-crypto stance Goldman Sachs says rules limit banks' crypto market participation Client demand for crypto remains limited, bankers say NEW YORK, Dec 11 (Reuters) - U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect
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Sino-Ocean bondholders submit counter restructuring proposal to London court

CORRECTED-Sino-Ocean bondholders submit counter restructuring proposal to London court Corrects paragraph 6 to show source said proposal aims to prevent holdings of all existing shareholders, not just China Life's, from rising significantly above 50% By Clare Jim HONG KONG, Dec 12 (Reuters) - The ad hoc bondholder group of state-backed Sino-Ocean Group has submitted an alternative offshore debt restructuring proposal to a London court in an intensifying battle between creditors and the company,
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U.S. Altus Power, Marsh & Mclennan, TPI Composites

U.S. RESEARCH ROUNDUP-Altus Power, Marsh & Mclennan, TPI Composites Dec 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Altus Power, Marsh & Mclennan and TPI Composites on Thursday. HIGHLIGHTS * Altus Power Inc AMPS.N : JP Morgan cuts to underweight from neutral * Marsh & Mclennan MMC.N : RBC raises to outperform from sector perform * New Jersey Resources Corp NJR.N : JP Morgan raises to overweight from neutral *
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AI a productivity boost to banks but making money from it is a challenge

REUTERS NEXT-AI a productivity boost to banks but making money from it is a challenge By Isla Binnie and Megan Davies NEW YORK, Dec 11 (Reuters) - Artificial intelligence is expected to show big gains in productivity at banks, panelists said at the Reuters Next conference in New York, but it has so far been harder to make money from the technology.
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US bankers cautious on crypto despite expected regulatory easing

REUTERS NEXT-US bankers cautious on crypto despite expected regulatory easing Bankers cautious despite Trump's pro-crypto stance Goldman Sachs says rules limit banks' crypto market participation Client demand for crypto remains limited, bankers say NEW YORK, Dec 11 (Reuters) - U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect Donald Trump will pave the way for lenders to e
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BNY CEO optimistic on US economic growth, AI potential

REUTERS NEXT-BNY CEO optimistic on US economic growth, AI potential Adds context, comments on crypto, AI, bullet points BNY invests in AI and digital asset services for client solutions Vince emphasizes growth under Trump presidency and new leadership BNY explores tokenized asset services and crypto custody platform By Davide Barbuscia, Shashwat Awasthi NEW YORK, Dec 11 (Reuters) - BNY BK.N expects a U.S.
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BNY CEO optimistic on US economic growth, AI potential

REUTERS NEXT-BNY CEO optimistic on US economic growth, AI potential NEW YORK, Dec 11 (Reuters) - BNY is bracing for a U.S. economic growth boost under the new Donald Trump U.S. presidency, CEO Robin Vince said on Wednesday during an interview at the Reuters NEXT conference in New York. "Growth is good for the U.S. economy and President-elect Trump has been very clear that he believes in growth," he said.
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