UniCredit Clears Key 30% Threshold in Commerzbank Takeover Bid

The lender said Tuesday that shares representing around 7.6% of Commerzbank's share capital have been tendered as part of its roughly $28 billion takeover attempt.

Hammack Says Fed May Need to Respond if Inflation Persists

Cleveland Fed President Beth Hammack, a voting member this year, said policy may not be restrictive enough to bring inflation to 2%.

This Crypto-Trading Platform Is Emerging as Wall Street's Convenience Store