Displaying 28521 results
OpenAI may sell shares at $86B valuation
Talks are said to be underway. Sale would catapult the firm’s status.
Options traders brace for turbulent yen trading
Speculation growing of intervention to support weakening currency.
Fortress raises second litigation financing fund
New York firm has already deployed $6B into the investment strategy.
Stock market rally at risk from geopolitics, says Goldman Sachs
Strategists warn that further escalation could derail growth.
Gold at four-week high as investors seek havens
Middle East conflict is intensifying demand for safer investments.
Health insurance premiums have spiked to $24K
Survey reveals 7% jump in costs for US families compared to just 1% last year.
UBS joins Chinese lenders drawn into $2B money laundering probe
Alleged gambling ring arrests have sparked police investigation into where the profits were stored.
Bank of America sees decline in income for wealth group
CEO Brian Moynihan calls the wealth management group 'the least efficient business in the platform.'
JPMorgan breaks 2-year green bond freeze with $7B sale
Green bond sales have surged in 2023.
Retail rebound? Holiday season spending to grow, says Deloitte
The firm sees a 14% jump but middle-income consumers may be constrained.
Banker loses unfair dismissal case after sandwich expenses claim goes bad
Fired employee claimed expenses for his partner’s meal against company rules.
Schwab net interest revenue drops 24% as clients move cash
The Fed's rate hikes have pressured Schwab's banking arm by encouraging some clients to shift money from the bank to other investment products.
NAIFA, FSP to merge to create ‘more impactful’ industry body
Members of both organizations have voted in favor of a tie-up.
Markets weak as US and allies try to calm Middle East tensions
Traders are also watching reports that US will curb China's access to lucrative semiconductors market.
As year-end approaches, maybe the ‘year of the bond’ will be 2024?
This year proved to be a tough one instead of the boom strategists expected, but there’s always next year.
Footwear firm’s IPO shows US market is yet to find its feet
Market challenges have subdued debuts on Wall Street and globally.
Wealth Enhancement Group buys Los Angeles RIA
KCS Wealth Advisory manages over $373 million in client assets.
JPMorgan reports another quarter of record net interest income
With a boost from higher interest rates and its purchase of First Republic Bank, the firm raised its forecast for the year.
US equities can avoid drop if bond yields stay below 5%, says BofA
Strategist Michael Hartnett continues his bearish outlook for stocks.
Bank earnings season begins but will investors be convinced?
Even strong results may not be enough to clam fears.