Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say

The sale will reportedly take place next week.

Topics

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.
The Wall Street Journal - 2d
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 clients
Financial Times - 2d
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
Pfizer Sells 700 Million Haleon Shares for $3 Billion

The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.
The Wall Street Journal - Jan. 15
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 win
Financial Times - Jan. 13
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 banks
Financial Times - Jan. 2

US pauses tariffs on Colombia after deal on deportations

Bogotá had turned back American planes carrying deported migrants
Financial Times - 5m
Trump claims victory in deportation showdown with Colombia, puts steep tariffs on hold

After a day of drama, President Donald Trump paused steep retaliatory tariffs that he had threatened against Colombia after the South American nation agreed to accept military deportation flights ...
MarketWatch - 21m
U.S. stock futures fall ahead of Fed meeting, key earnings week for Big Tech

U.S. stock futures sank Sunday night, ahead of a big week for Big Tech earnings and the Federal Reserve’s meeting.
MarketWatch - 36m
Chinese AI applications now have bigger aims — they're looking beyond chatbots

A slew of releases in the last week demonstrate how Chinese companies have moved quickly with AI models that compete with OpenAI's ChatGPT.
CNBC - 55m
China PMI surprises as factory activity contracts in January; December industrial profits jump

The official purchasing managers' index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.
CNBC - 2h