Goldman Sachs Begins Cutting About 125 Managing Directors Globally
Goldman Sachs Group Inc. has started cutting managing directors across the globe as the firm reduces its headcount
2023-06-24 06:23
JPMorgan Cuts 40 Dealmakers in North America as Part of Global Reduction
JPMorgan Chase & Co. is cutting about 40 investment bankers in North America, as the Wall Street giant
2023-06-24 05:20
Latecomers to 40% Tech Stock Rally Arrive in Time to See It Fade
They waited and waited, then moved all-in. And now money managers who are finally surrendering to a shock
2023-06-24 04:21
UK Regulator Was Missing in Action at Start of Nickel Crisis, Filings Show
The UK’s market regulator had only superficial engagement with the London Metal Exchange as it sleepwalked into last
2023-06-24 03:21
Bitcoin Hits Highest in a Year as Crypto Rebounds From Scandals
Bitcoin hit its highest level in a year amid renewed fervor for digital assets despite a slew of
2023-06-24 00:55
Bank of Canada Now Expected to Cap Rate-Hiking Campaign at 5%
The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping
2023-06-23 23:23
Buyout Firms Abandoned Siemens Energy Stake Talks Before Plunge
Several private equity firms dropped talks to buy a Siemens Energy AG stake in recent months over concerns
2023-06-23 23:16
Zambia’s President Expects to See Debt-Restructuring Deal Wrapped Up Soon
Zambia has concluded the most difficult part of negotiations to restructure its debt, and sees remaining talks being
2023-06-23 22:50
Global hack blamed on Russian cybercriminals affects insurance giant and California pension fund
The fallout from a global hacking incident tied to Russian cybercriminals widened on Thursday as US insurance provider Genworth Financial revealed that 2.5 million of its policyholders and customers had their data accessed in the hack, while California's public pension fund said 769,000 of its members were affected.
2023-06-23 21:51
Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
2023-06-23 20:59
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:54
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:25