High-Risk Loans Return as Recession Risk Fades
It’s hard to pass up a good rally in US leveraged finance markets, particularly if you’re a bank
2023-08-06 03:24
Berkshire Operating Earnings Rise on Insurance Strength
Warren Buffett’s Berkshire Hathaway Inc. posted $10.04 billion in second-quarter operating profit as strength in its insurance businesses
2023-08-05 20:56
UBS Set to Shake Up Investment Banking Management: Reuters
UBS Group AG is set to make management changes to its investment banking division as soon as Monday,
2023-08-05 08:15
JPMorgan Scraps US Recession Call Amid Spreading Optimism
JPMorgan Chase & Co. economists scrapped their call for a recession in the US, joining a growing number
2023-08-05 02:57
Ex-Goldman Banker Roger Ng Gets 30-Day Delay to 1MDB Prison Sentence
Former Goldman Sachs Group Inc. banker Roger Ng was granted a last-minute postponement of his 10-year prison sentence
2023-08-04 23:56
Canada’s Economy Sheds Jobs But Wage Growth Stays High
The Canadian economy unexpectedly shed jobs last month even as wages grew faster, signaling a softening labor market
2023-08-04 23:19
State Bank of India Shares Fall As More Loans Turn Sour
State Bank of India saw a metric tracking loans that turn bad rise, prompting shares of the nation’s
2023-08-04 17:22
European Stocks Set for Worst Weekly Loss In a Month; WPP Falls
European stocks steadied after this week’s losses on signs of economic recovery in Germany while investors await the
2023-08-04 16:58
Commerzbank’s Lack of Buyback Detail Takes Shine Off Outlook
Commerzbank AG provided few details on a new share buyback plan, disappointing investors even as it raised the
2023-08-04 15:56
Credit Agricole’s Regional Owners to Tighten Grip on Bank
Credit Agricole SA’s regional-bank holders are planning to purchase as much as €1 billion ($1.1 billion) of the
2023-08-04 15:53
Canaccord to Take Restructuring Charge as Global M&A Slump Spurs Job Cuts
Canaccord Genuity Group Inc. will take a restructuring charge after it let go of 7% of its North
2023-08-04 12:53
SoftBank, Tech Firm Earnings to Test Staying Power of AI-Fueled Frenzy
The coming week’s earnings will shed light on whether the artificial intelligence-fueled rebound in the technology sector is
2023-08-04 09:55