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Basel chief says risks becoming more interconnected as international cooperation wanes

Basel chief says risks becoming more interconnected as international cooperation wanes

By Phoebe Seers LONDON, Sept 30 (Reuters) - International cooperation among banking supervisors is becoming more difficult just as financial risks grow more interconnected, the chair of the global banking rulemaker said on Wednesday.

Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets

Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets

By Laila Kearney NEW YORK, Sept 30 (Reuters) - Oil prices rose by about $1 a barrel on Wednesday, and logged steep monthly gains, on stalled US-Iran peace talks and tightening US fuel markets.

Oil falls as investors focus on Middle East supply

Oil falls as investors focus on Middle East supply

By Shadia Nasralla LONDON, Sept 29 (Reuters) - Oil prices declined on Tuesday as investors focused on signs of recovering crude exports from the region and lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran.

Australian regulator to review banking sector AI use and customer impacts

Australian regulator to review banking sector AI use and customer impacts

By Scott Murdoch SYDNEY, Sept 30 (Reuters) - Australia's corporate regulator said on Wednesday it would formally review the country's banking sector's usage of AI in dealing with customers.

Oil gains as stalled US-Iran talks trump supply recovery

Oil gains as stalled US-Iran talks trump supply recovery

By Ahmad Ghaddar LONDON, Sept 30 (Reuters) - Oil prices rose on Wednesday and were on track for a big monthly gain as US-Iran talks aimed at ending their war stalled and tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.

Bank of America to pay $39 million to settle customer claims over low interest rates on cash

Bank of America to pay $39 million to settle customer claims over low interest rates on cash

By Jonathan Stempel NEW YORK, Sept 30 (Reuters) - Bank of America's Merrill Lynch unit will pay $39 million to settle a class action claiming it paid brokerage customers near-zero interest rates instead of market rates on idle cash in their retirement accounts.

Oil steadies as stalled US-Iran talks offset supply recovery

Oil steadies as stalled US-Iran talks offset supply recovery

By Ahmad Ghaddar LONDON, Sept 30 (Reuters) - Oil prices steadied on Wednesday but remained on track for a big monthly gain as US-Iran talks aimed at ending their war stalled, while tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.

Former Skadden Counsel James Sherlock Joins Sidley Austin as Partner

Former Skadden Counsel James Sherlock Joins Sidley Austin as Partner

Former Skadden Counsel James Sherlock Joins Sidley Austin as Partner

Wells Fargo Seeks Lead Valuation Controller in Charlotte, North Carolina

Wells Fargo Seeks Lead Valuation Controller in Charlotte, North Carolina

Wells Fargo Seeks Lead Valuation Controller in Charlotte, North Carolina

Arch Insurance International Appoints Danielle Whitlock as Senior Marine Hull War Underwriter

Arch Insurance International Appoints Danielle Whitlock as Senior Marine Hull War Underwriter

Arch Insurance International Appoints Danielle Whitlock as Senior Marine Hull War Underwriter

Bank of America Downgrades Nike Stock to Underperform Amid Slowing Recovery and Rising Risks

Bank of America Downgrades Nike Stock to Underperform Amid Slowing Recovery and Rising Risks

Bank of America Downgrades Nike Stock to Underperform Amid Slowing Recovery and Rising Risks

Oil prices settle slightly higher on supply worries as Trump rejects Iran proposal

Oil prices settle slightly higher on supply worries as Trump rejects Iran proposal

By Scott DiSavino NEW YORK, Sept 28 (Reuters) - Oil prices settled slightly higher on Monday on worries about ongoing supply disruptions as Qatari mediators pledged to hold talks with the US and Iran in hopes of finding a peace deal to reopen the Strait of Hormuz.