Ken Griffin Says Fed’s Credibility At Risk If It Cuts Rates Too Soon
Citadel founder Ken Griffin said the Federal Reserve risks a hit to its reputation if it cuts interest
2023-11-15 03:57
Wells Fargo Cuts About 50 Investment Bankers as Deals Slump
Wells Fargo & Co. is cutting 40 to 50 jobs in its corporate and investment bank division, according
2023-11-15 03:25
Pimco Calls for Bond Rally in 2024 After Bullish Forecast Crumbled This Year
Bond giant Pacific Investment Management Co. — among the many whose expectations for a rally this year were
2023-11-15 01:54
FDIC Chairman ‘Deeply Troubled’ by Workplace Misconduct Claims
The head of the Federal Deposit Insurance Corp. told lawmakers on Tuesday that his agency had launched an
2023-11-14 23:57
Bankers Brace for Bonus Cuts With No Relief Seen Next Year
Bonus season on Wall Street is looking grim for bankers in an industry hobbled by rising interest rates,
2023-11-14 23:49
China Mulls $137 Billion of New Funds to Aid Housing Market
China plans to provide at least 1 trillion yuan ($137 billion) of low-cost financing to the nation’s urban
2023-11-14 18:59
Japan’s Largest Banks to Buy Back Shares After Profit Soars
Japan’s biggest banks unveiled plans to boost shareholder returns after posting bumper profits, thanks in part to a
2023-11-14 17:54
Struggling Landlord SBB Wins Rare Analyst Upgrade
SBB, the landlord at the center of Sweden’s property crisis, has been upgraded to hold because “the sell
2023-11-14 16:59
Israel Latest: Gaza Hospitals in Focus as Biden Urges Restraint
The situation at two Gaza hospitals is under focus as Israel and Hamas trade accusations over the facilities
2023-11-14 14:21
ICBC Flies Top Executives to US in Race to Contain Hack Fallout
Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s
2023-11-14 09:19
JPMorgan Says Javice’s ‘Army’ of 77 Lawyers Is Overbilling Fees
JPMorgan Chase & Co. said it’s being overbilled by an “army” of lawyers working for Charlie Javice, the
2023-11-14 08:24
Goldman, BNP Lead $95 Million Investment in Blockchain Firm Fnality
Fnality International Ltd., which is developing a blockchain-based wholesale payment system, raised £77.7 million ($95.2 million) in a
2023-11-14 08:16