  | | | | LONDON (Reuters) - British fashion brand Burberry issued a profit warning on Tuesday, the clearest sign yet that slowing economic growth in China and Europe's debt crisis are bringing a boom in demand for luxury clothes and accessories to a halt. | | | | | BOSTON (Reuters) - State Street Corp Chief Executive Jay Hooley said Tuesday the custody bank's massive program to streamline its technology infrastructure might not be enough, as weak trading revenue forces him to revisit expense cuts. | | | |  | | | | NEW YORK (Reuters) - Knight Capital Group Inc has hired International Business Machines Corp to look into the August 1 trading glitch that cost the trading firm $440 million and forced it to accept a $400 million investment from a group of financial companies to keep it afloat, the company said on Tuesday. | | | | | | TORONTO (Reuters) - Royal Bank of Canada said on Tuesday it was forming a new business segment that would provide custodial, advisory, financing and other services for institutional clients. | | | | | | (Reuters) - Asia's economic miracle may be waning just as the foundations for an eventual resurgence in the U.S. are being laid. | | | | | | NEW YORK (Reuters) - For a guy who helped create the modern investment-management industry as the founder of Vanguard Group, John "Jack" Bogle has an interesting relationship with money: He hates to use it. | | | | | | (Reuters) - Insurance rates continued to rise in the third quarter for both businesses and individual customers, extending the pricing power that developed late last year, insurer Travelers Cos Inc said on Tuesday. | | | |  | | | | LONDON (Reuters) - BlackRock, the world's largest asset manager, has been fined 9.5 million pounds ($15 million) by Britain's financial regulator for failing to adequately protect client deposits. | | | | | BOSTON (Reuters) - State Street Corp miscalculated a key capital ratio under proposed Basel III rules and now estimates it is higher than previously announced, the company's chairman and chief executive said Tuesday. | | | |  | | | | BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble questioned on Tuesday how the United States could deal with its high levels of government debt after November's presidential election. | | | | |  |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | |  | |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | » MORE NEWSLETTERS | |
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