Property investor LaSalle says 30% of European office space may be 'obsolete': LaSalle Investment Management is reducing its exposure to offices in Europe and ...
reuters.com/markets/europe/property-investor-lasalle-says-30-european-office-space-may-be-obsolete-2024-03-12/
GoldenTree raises $1.35 bln in first private credit fund: GoldenTree Asset Management raised over $1.35 billion for its first pure private credit fund ...
reuters.com/business/finance/goldentree-raises-135-bln-first-private-credit-fund-2024-03-11/
Chances of Q2 UK rate cut "severely underpriced", Morgan Stanley says: The chance of a UK interest rate cut in the next few months is "severely underpriced" ...
reuters.com/markets/europe/chances-q2-uk-rate-cut-severely-underpriced-morgan-stanley-says-2024-03-12/
ICYMI: With investor interest dampened after the collapse of the crypto exchange FTX, Goldman Sachs sees a buying opportunity as it plans to spend tens of ... Show more
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange dampened investor interest ... Show more
Wells Fargo cuts hundreds of jobs in mortgage business - Bloomberg News: Wells Fargo & Co (WFC.N) has cut hundreds of jobs in its mortgage business across the ...
reuters.com/business/finance/wells-fargo-cuts-hundreds-jobs-mortgage-business-bloomberg-news-2022-12-01/
Visa promotes McInerney to CEO as Kelly moves to board: Visa Inc (V.N) on Thursday named its president, Ryan McInerney, as its new chief executive officer to ...
reuters.com/business/payments-giant-visa-names-new-ceo-2022-11-17/
Estee Lauder nears $2.8 billion deal to buy Tom Ford - FT: Estee Lauder Cos Inc (EL.N) is nearing a deal to buy Tom Ford for about $2.8 billion, including debt ...
reuters.com/markets/deals/estee-lauder-nears-28-billion-deal-buy-tom-ford-ft-2022-11-11/
Wells Fargo under pressure from CFPB to pay over $1 bln in fine- Bloomberg News: Wells Fargo (WFC.N) is under pressure from the U.S. Consumer Financial ...
reuters.com/business/finance/wells-fargo-under-pressure-cfpb-pay-over-1-bln-fine-bloomberg-news-2022-11-04/
L'Oréal denies report saying it suspended Twitter ad spending: Cosmetics maker L'Oréal SA (OREP.PA) said it had not suspended advertising spending on Twitter ...
reuters.com/business/retail-consumer/loral-suspends-advertising-spending-twitter-ft-2022-11-02/
UBS plans more share buybacks as wealth management shines: UBS struck a confident tone on Tuesday, reaffirming key financial targets and pledging more share ...
reuters.com/business/finance/ubs-third-quarter-profit-slides-beat-expectations-2022-10-25/
Investors start to expect "policy capitulation" - BofA: Investors raised cash levels further in October to their highest in 21 years, as sentiment towards the ...
reuters.com/business/investor-survey-signals-start-policy-capitulation-bofa-2022-10-18/
Bank of America updates on return-to-office plans - memo: Bank of America Corp (BAC.N) employees will have to work from office depending on their role and ...
reuters.com/markets/us/bank-america-updates-return-to-office-plans-memo-2022-10-18/
Factbox: These are the leaders who want to reshape Goldman Sachs: Goldman Sachs Group Inc () unveiled a plan to reorganize its business into three units in ...
reuters.com/business/finance/these-are-leaders-who-want-reshape-goldman-sachs-2022-10-18/
Inflation, early shopping to slow U.S. online holiday spending - report: U.S. online holiday sales are expected to rise this year at their slowest pace since at ...
reuters.com/markets/us/inflation-early-shopping-slow-us-online-holiday-spending-report-2022-10-10/
Assa Abloy confirms sales process for units to resolve U.S. antitrust issues: Assa Abloy AB (ASSAb.ST) on Friday said it was working to sell its Emtek and smart ...
reuters.com/markets/deals/assa-abloy-confirms-sales-process-units-resolve-us-anti-trust-issues-2022-10-14/
Eleven of the biggest names in finance, including Bank of America and Goldman Sachs, just paid $1.8 billion to regulators over employees’ unapproved use of ... Show more
Citadel CEO says 60/40 portfolio more attractive after yields spike: Recent increases in U.S. Treasury yields are set to improve the attractiveness of investment ...
reuters.com/markets/us/citadel-ceo-says-6040-portfolio-more-attractive-after-yields-spike-2022-09-28/
Investor Druckenmiller sees U.S. falling into recession next year: Billionaire investor Stanley Druckenmiller said he believes the Federal Reserve’s monetary ...
reuters.com/business/finance/druckenmiller-sees-us-falling-into-recession-next-year-2022-09-28/
Starboard builds stake in website development platform Wix: Starboard Value LP has built a 9% stake in website development platform Wix.com Ltd (WIX.O) ...
reuters.com/markets/deals/exclusive-starboard-built-stake-website-development-platform-wix-sources-2022-09-16/
Ralph Lauren sells luxury at too steep a discount: Ralph Lauren (RL.N) laid out a promising financial outlook for investors on Monday. It suggests that the $6 ...
reuters.com/breakingviews/ralph-lauren-sells-luxury-too-steep-discount-2022-09-19/
"Super bearish" fund managers' allocation to global stocks at all-time low, Bank of America survey shows
reuters.com/markets/europe/super-bearish-fund-managers-allocation-global-stocks-all-time-low-bofa-survey-2022-09-13/
Bank of America CEO predicts income boost from higher rates: Bank of America Corp (BAC.N) expects a "big bump" in the income it earns from rising interest rates ...
reuters.com/markets/rates-bonds/bank-america-ceo-predicts-income-boost-higher-rates-2022-09-13/
Coty rides beauty boom, beats revenue estimates: Coty Inc (COTY.N) on Thursday beat Wall Street expectations for fourth-quarter revenue and said the beauty ...
reuters.com/business/retail-consumer/coty-beats-quarterly-sales-strong-demand-luxury-beauty-products-2022-08-25/
Jewellery maker Pandora goes big on lab-made diamonds with North American launch: Pandora (PNDORA.CO), the world's largest jewellery maker, said on Tuesday it ...
reuters.com/business/retail-consumer/jewellery-maker-pandora-goes-big-lab-made-diamonds-with-north-american-launch-2022-08-16/
Morgan Stanley makes big bet on meme-stock Revlon: Shares of bankrupt cosmetics company Revlon Inc (REV.N) soared nearly 27% on Monday after asset manager Morgan ...
reuters.com/business/retail-consumer/morgan-stanley-makes-big-bet-meme-stock-revlon-2022-08-15/
Starboard slashes stake in Kohl's after seeking to buy it in January: Activist hedge fund Starboard Value, which had offered to buy Kohl's Corp (KSS ...
reuters.com/markets/us/starboard-slashes-stake-kohls-after-seeking-buy-it-january-2022-08-12/
Morgan Stanley to pay $200 million to resolve U.S. record-keeping probe: Morgan Stanley agreed to pay $200 million to U.S. regulators to resolve investigations ...
reuters.com/legal/litigation/morgan-stanley-pay-200-mln-resolve-us-record-keeping-probe-2022-08-05/
Morgan Stanley reaches agreements to resolve SEC, CFTC investigations: Morgan Stanley said on Friday it had reached agreements with two regulatory agencies to ...
reuters.com/business/finance/morgan-stanley-reaches-agreements-resolve-sec-cftc-investigations-2022-08-05/
Wells Fargo reinstates diverse slate hiring policy following June pause: Wells Fargo (WFC.N) reinstated a hiring policy that requires recruiters to interview a ...
reuters.com/business/finance/wells-fargo-reinstates-diverse-slate-hiring-policy-following-june-pause-2022-08-01/
U.S. Bancorp is fined $37.5 mln for opening sham accounts: A U.S. regulator on Thursday fined U.S. Bancorp (USB.N) $37.5 million for mistreating customers by ...
reuters.com/business/finance/us-regulator-fines-us-bancorp-375-mln-opening-sham-accounts-2022-07-28/
Private equity, hedge funds object to U.S. carried-interest tax hike proposal: Private equity and hedge funds cautioned on Thursday that a proposed U.S ...
reuters.com/business/finance/private-equity-hedge-funds-object-us-carried-interest-tax-hike-proposal-2022-07-28/
Bank of America in settlement talks with U.S. regulators over employee cell phone use
reuters.com/business/finance/bank-america-settlement-talks-with-us-regulators-over-employee-cell-phone-use-2022-07-29/
Bank of America fined $225 mln for 'botched' disbursement of jobless benefits during pandemic
reuters.com/business/finance/bank-america-fined-225-mln-botched-disbursement-jobless-benefits-during-pandemic-2022-07-14/
Hedge funds post July gain on stock market rally, still down for year: Hedge funds posted a 1.65% gain in July, driven by a stock market rally which helped ...
reuters.com/markets/us/hedge-funds-post-july-gain-stock-market-rally-still-down-year-2022-08-05/
Wells Fargo appoints Kleber Santos chief of consumer lending: Wells Fargo said on Monday that Kleber Santos will take over as the chief of consumer lending ...
reuters.com/business/finance/wells-fargo-appoints-kleber-santos-chief-consumer-lending-2022-07-11/
Morgan Stanley names new co-heads of investment banking - memo: Morgan Stanley (MS.N) has named Eli Gross and Simon Smith as the new global co-heads of ...
reuters.com/business/finance/morgan-stanley-names-new-co-heads-investment-banking-memo-2022-07-11/
UBS to pay $25 million to settle U.S. SEC fraud charges: Wealth manager and banking group UBS (UBSG.S) will pay $25 million to settle fraud charges relating to ...
reuters.com/business/ubs-pay-25-million-settle-us-sec-fraud-charges-2022-06-29/
Morgan Stanley CEO sees 50% chance of U.S. recession: There is a 50% chance the U.S. economy will enter a recession though any downturn is unlikely to be severe ...
reuters.com/business/finance/bank-americas-cfo-says-no-sign-recession-credit-deterioration-2022-06-13/
EXCLUSIVE Franchise Group in talks to keep Kohl's management team after a sale-sources
reuters.com/markets/us/exclusive-franchise-group-talks-keep-kohls-management-team-after-sale-sources-2022-06-21/
Bank of America aims to grow corporate cash management with new tool: Bank of America (BAC.N) is rolling out a new cash management tool to U.S.-based clients ...
reuters.com/business/finance/bank-america-aims-grow-corporate-cash-management-with-new-tool-2022-06-14/
Bank of America's Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers
reuters.com/markets/wealth/bank-americas-merrill-lynch-pay-152-mln-mutual-fund-customers-2022-06-02/
Goldman Sachs COO Waldron sees unprecedented shocks in economy: Goldman Sachs' (GS.N) President and Chief Operating Officer John Waldron said on Thursday the ...
reuters.com/markets/wealth/goldman-sachs-coo-waldron-says-lower-valuations-wealth-management-open-ma-2022-06-02/
Wells Fargo CEO sees $1 billion opportunity in growing investment bank: Wells Fargo & Co's (WFC.N) Chief Executive Officer Charlie Scharf said Wednesday he wants ...
reuters.com/business/finance/wells-fargo-ceo-sees-1-billion-opportunity-growing-investment-bank-2022-06-01/
Quick Glance: JP Morgan: Dimon expects a "Hurrikan" to hit the global economy.
- JP Morgan is already bracing for turbulence, according to Dimon.
- New York City Jamie Dimon, the CEO of the largest US bank, JP Morgan, has advised investors to brace themselves for a "Hurricane," citing, among other things, the sanctioning of US monetary policy and Russia's incursion into Ukraine.
- Already at JP Morgan's Investor Day in May, he stated that "Gewitterwolken" were sweeping through the US economy.
- "Im Moment schaut es recht heiter aus, die Dinge laufen, alle denken, dass die Fed schon klar kommt" Dimon says.
Bank of America raises hourly minimum wage to $22: Bank of America Corp (BAC.N) said it was raising its U.S. minimum hourly wage to $22 on Monday ...
reuters.com/business/finance/bank-america-raises-hourly-minimum-wage-22-2022-05-23/
U.S. court sides with SEC on market data overhaul in blow to big exchanges: A U.S. appeals court on Tuesday said the Securities and Exchange Commission can ...
reuters.com/legal/government/us-court-sides-with-sec-market-data-overhaul-blow-big-exchanges-2022-05-24/
Fed may pause policy tightening in September, BofA says: The Federal Reserve could pause its monetary policy tightening in September if there is an economic ...
reuters.com/markets/us/fed-may-pause-policy-tightening-september-bofa-says-2022-05-26/
U.S. poll finds bipartisan concern over high CEO pay: Bipartisan majorities of U.S. adults think CEO pay is too high, a new poll found, presenting a challenge ...
reuters.com/world/us/us-poll-finds-bipartisan-concern-over-high-ceo-pay-2022-05-09/
ISS recommends McDonald's shareholders back management directors in fight with Icahn
reuters.com/markets/funds/iss-recommends-mcdonalds-shareholders-back-management-directors-fight-with-icahn-2022-05-16/
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