News Highlights: Top Financial Services News of the Day - Monday at 11 AM ET

The Boom in Zero-Day Options Is Coming for Tesla and Nvidia 
 

Brokers and exchanges discuss expanding #0dte to options on individual stocks.

 
Attacks on RBA's Independence a Disappointing Diversion, BlackRock Says 
 

Recent criticism of the Reserve Bank of Australia by the country's center-left Labor government is a diversion from the fact that Canberra's record spending is itself playing a big part in keeping inflation high, says BlackRock.

 
Can Venture Capital Keep Itself Afloat? 
 

Parched returns have left investors leery of replenishing the venture ecosystem with more capital. 'The money is not making the round trip,' says one observer.

 
Iraqi Banks Used U.S.-Created System to Funnel Funds to Iran 
 

The New York Fed's process to move Baghdad's oil earnings lacked key money-laundering safeguards, resulting in illicit transfers that financed terrorist groups for years.

 
Stock Funds Up 14.2% for Year After Snapback August 
 

The market pulled out a win for the month despite a rough patch. Also: A flashback to the 10th anniversary of the blockbuster Alibaba IPO.

 
Financial Services Roundup: Market Talk 
 

The latest Market Talks covering Financial Services.

 
Morgan Stanley Is Fined Over First Republic Insider Sales 
 

Massachusetts securities regulator found several breakdowns in the bank's approval and monitoring of possible insider trading.

 
JPMorgan Plans to Report Customers Who Exploited TikTok 'Glitch' to Authorities 
 

Thousands of people withdrew money after depositing bad checks, guided by videos on social media.

 
Fed's Waller backs starting 'careful' rate cuts in September, says open to more 'forceful' moves down the road 
 

The time has come to start cutting interest rates, but carefully, Federal Reserve Governor Christopher Waller said Friday. The time for forceful cuts may come, but only if the data demand such moves, he added.

 
Fed's Williams says it is now appropriate to cut interest rates 
 

Inflation is coming down in a sustainable way towards the Federal Reserve's 2% target and it is now time to cut interest rates, New York Fed President John Williams said, on Friday.

(END) Dow Jones Newswires

September 09, 2024 11:15 ET (15:15 GMT)

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