Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Read more at The Wall Street Journal
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SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
SEC rescinds controversial rule in latest pro-crypto measure taken by new Trump administration.CNBC - 6h -
US securities regulator opens door for Wall Street banks to hold crypto
Securities and Exchange Commission overturns guidance that made it costly to hold digital assets for clientsFinancial Times - 10h -
Wall Street banks had a great quarter, and the boom times are just starting
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.CNBC - Jan. 16 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.
A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.MarketWatch - Jan. 10 -
What a Wall Street analyst gets wrong about Apple in rare sell call on the stock
MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.CNBC - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - Jan. 6 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2
More from The Wall Street Journal
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Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - 7h -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - 8h -
Target Drops DEI Goals and Ends Program to Boost Black Suppliers
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.The Wall Street Journal - 9h -
Novo Nordisk Shares Surge on New Obesity Drug Results
Novo Nordisk shares rose sharply after the Danish pharmaceutical giant said an experimental weight-loss shot helped patients lose 22% of their body weight in a clinical trial.The Wall Street Journal - 11h -
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.The Wall Street Journal - 12h
More in Business
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Pete Hegseth narrowly confirmed as Trump’s defence secretary
VP casts deciding vote after three Republican senators break ranks over claims of sexual abuse and excessive drinkingFinancial Times - 41m -
We're adding 4 stocks to our Bullpen watch list including a hot steakhouse chain
We're expanding our Bullpen following this week's January Monthly MeetingCNBC - 2h -
JetBlue offers some pilots early retirement packages, union says
JetBlue is offering early retirement to pilots nearing retirement ageCNBC - 2h -
Spirit Airlines Will Prohibit ‘Offensive’ Tattoos and Revealing Clothing
The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. ...The New York Times - 2h -
These Companies are Pulling Back on DEI Initiatives
DEI policies originated as a counterweight to discriminatory corporate practices.Inc. - 3h