Investors Most Pessimistic So Far This Year, BofA Survey Shows
The mood among global fund managers soured further in May, with investors flocking to cash amid concerns that
2023-05-16 17:56
Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:46
Wells Fargo to Pay $1 Billion in Class-Action Suit, WSJ Reports
Wells Fargo & Co. agreed to pay $1 billion to shareholders as it seeks to settle a class-action
2023-05-16 11:47
Buffett Exits TSMC While Hedge Funds Coatue, Tiger Global Buy
Taiwan Semiconductor Manufacturing Co. drew mixed bets from top investors in the first quarter, as Warren Buffett closed
2023-05-16 09:50
Japan’s Banks Resist Buybacks After Predicting Bumper Profit
Japan’s biggest banks are predicting their highest profits in years, though a cautious outlook is holding them back
2023-05-16 08:52
Banks Face Regulatory Scrutiny Over Interest-Rate Risks
US regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly
2023-05-16 05:49
Fed’s Barr Wants More Oversight of Bank Executives’ Pay After SVB Collapse
The Federal Reserve’s top bank watchdog is calling for more oversight of how bank executives are compensated after
2023-05-16 05:47
Elon Musk Was Subpoenaed in JPMorgan Epstein Lawsuit by US Virgin Islands
Elon Musk was issued a subpoena by the US Virgin Islands in its lawsuit accusing JPMorgan Chase &
2023-05-16 05:19
Large Investors Led 2022 Runs on Crypto Platforms, Study Finds
Last year’s run on crypto platforms like lender Celsius Network were “spearheaded by customers with large holdings, some
2023-05-16 04:54
Tennis Star Serena Williams, Citi’s Shafir Join Investment-Banking Firm Consello
Consello Group, a newly formed investment banking firm that has been on a hiring spree since forming last
2023-05-15 23:59
Nigeria Wealth Fund to Boost Solar, Health Infra With $1 Billion Spend
The Nigeria Sovereign Investment Authority will invest as much as $1 billion over the next three years, focusing
2023-05-15 19:27
The UBS Banker Ermotti Is Counting On to Clean Up Credit Suisse
Beatriz Martin’s first job at UBS Group AG was to help shrink the investment bank after a $2
2023-05-15 16:45