Two-stocks better than one? Repacking pair trades
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto…
Citigroup C earnings Q3 2024
The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024.…
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…
What to expect from bank earnings as high interest rates pressure smaller players
The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since…
Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according…
Wall Street is worried about NYCB’s loan losses and deposit levels as stock sinks below $4
Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking…
January hiring was the lowest for the month on record as layoffs surged
Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…
JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
JPMorgan Chase on Thursday said several executives considered front-runners to one day take over for CEO Jamie Dimon had new…
World’s largest hedge funds record bumper year of profits, research shows
The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed.…
Wall Street opposition to Trump collapses, as ‘pipe dream’ of primary defeat ends
As Donald Trump surges toward the Republican nomination, many Wall Street executives have made a calculated decision not to speak…
