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Receiving Wide Coverage ... Fed Sees Fewer Hikes: Federal Reserve Chair Janet Yellen and fellow central bank policymakers announced they expect to raise the benchmark interest rate just twice this year, down from the four hikes expected in their December projections, and, as always, failed to commit to a timetable for the increases. In making the decision, the Fed weighed a strengthening job market and a resilient but moderate U.S. expansion against weak wage growth andÂ...

Wall Street Journal

Financial firms are using words such as "grim" to describe the trading environment during the first quarter, typically a very active period on Wall Street trading desks. Some analysts predict Wall Street's five biggest banks will report trading revenue of $19.1 billion for Q1, down 16% from a year ago. They see the quarter mirroring the discouraging final months of 2015, when worries over economic growth and commodities prices caused trading activity and...

Receiving Wide Coverage ...

Fed in the Spotlight: All eyes will be on Janet Yellen this week as the Federal Open Market Committee meets. With the "new dot plot" expected, we should get a clearer view about whether the Fed still expects four rate hikes this year. Some Fed officials stress treading with caution, arguing risk is minimal if they move slowly. "We may well at present be seeing the first stirrings of an increase in...

Canada is doing its own version of the #TheNew10; State Street launches an ETF pegged to businesses with female leaders; Sallie Krawcheck encourages women to take control of their own career destiny instead of waiting for men to come around; and the director of UN Women explains what Women's Day is really all about (are you ready to talk equal pay at your company?). Also, Pam Joseph is coming out of retirement and NCUA Chair Debbie Matz is leaving.

Receiving Wide Coverage ... Investment Banking Income Plunges: Ahead of first quarter earnings, Citigroup has warned of declines in revenues for investment banking. Citigroup chief financial officer John Gerspach said at an investor conference that the bankÂ's investment banking income would be down roughly 25% from last year, while fixed income and equities trading revenues would drop about 15%. Citi is not the only bank prepping for less-than-thrilling quarterly results: the head of JPMorgan ChaseÂ's corporateÂ...