News Highlights: Top Financial Services News of the Day - Friday at 7 AM ET

Annuities' New Golden Age Probably Isn't Over Yet 
 

High rates have helped annuity sales, but so have other forces.

 
How Five Wall Street Investors Will Trade Falling Interest Rates 
 

The world of 5% yields is ending.

 
Berkshire Hathaway Sells More Bank of America Stock. Here's How Much It Has Left. 
 

Warren Buffett's conglomerate unloaded another $900 million worth of shares.

 
KKR Secures About a Third of Fuji Soft, Dousing Hopes of Bidding War 
 

Fuji Soft shares fell sharply on fading expectations of a bidding war after two key shareholders of the software developer agreed to KKR's tender offer.

 
TD Bank Taps Veteran to Succeed Bharat Masrani as CEO 
 

Masrani plans to retire in 2025 after 38 years with the Canadian lender and more than a decade as CEO.

 
Hedge Fund Two Sigma Is in Settlement Talks With SEC 
 

The firm is likely to pay as much as $100 million to settle a probe of a trading scandal.

 
The Fed Aims to Repeat Greenspan's 1990s Masterpiece 
 

The 1995 cuts helped lay the groundwork for a soft landing and the late '90s boom years.

 
Bank of England Holds Off on Rate Cut After Fed Goes Big 
 

The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.

 
South Africa Is First Country to Lower Rates After Fed Cut 
 

SARB reduced its benchmark rate by a quarter percentage point to 8%.

 
Taiwan Central Bank Leaves Key Interest Rates Unchanged 
 

Taiwan's central bank held rates steady with a watchful eye on inflation, declining to join the Federal Reserve and a growing number of its Asian counterparts in starting to ease monetary policy.

(END) Dow Jones Newswires

September 20, 2024 07:15 ET (11:15 GMT)

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