David Benoit | Photographs by Emily Assiran for The Wall Street Journal
Added 3 hours ago
Summary:
Jane Fraser wants to simplify Citigroup, the original megabank. That won’t be easy.
Sentiment:
positive
2 minute read
1 people have read this
Mark DeCambre
Added 15 hours ago
Summary:
After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb.
Sentiment:
positive
10 minute read
1 people have read this
John Detrixhe
Added a day ago
Summary:
ARK Invest’s Tesla bet has made founder Cathie Wood a legend.
Sentiment:
positive
10 minute read
1 people have read this
John D. McKinnon
Added a day ago
Summary:
The rule enables the Commerce Department to ban technology-related business transactions that it determines pose a national security threat, part of an effort to secure U.S. supply chains.
Sentiment:
negative
3 minute read
1 people have read this
By
Jennifer Surane
Added 2 days ago
Summary:
Citigroup Inc. restated fourth-quarter results after writing down a portion of a loan to Revlon Inc. it now owns after losing a court battle.
Sentiment:
negative
3 minute read
1 people have read this
By
Asli Kandemir
Added 4 days ago
Summary:
The Turkish lira tumbled amid speculation the central bank may backtrack on policies that fueled this year’s biggest rally in emerging markets.
Sentiment:
negative
4 minute read
1 people have read this
Steve Goldstein
Added 4 days ago
Summary:
Mining stocks have rallied as the global economy has recovered, and there are factors that could further lift the sector.
Sentiment:
positive
7 minute read
2 people have read this
By
Kiuyan Wong
and
Felix Tam
Added 5 days ago
Summary:
Hong Kong unveiled its first stamp-duty increase on stock trades since 1993, sparking a broad selloff in the $7.6 trillion market and sending shares of the city’s exchange to their biggest plunge in more than five years.
Sentiment:
positive
4 minute read
2 people have read this
By
Faris Mokhtar
Added 5 days ago
Summary:
CapitaLand Ltd., Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.
Sentiment:
positive
4 minute read
1 people have read this
Jessica Bursztynsky
Added 5 days ago
Summary:
Historically, banks have contributed to inequality through now-banned practices including redlining.
Sentiment:
positive
6 minute read
1 people have read this
By
Kiuyan Wong
Added 5 days ago
Summary:
A year anticipated to be full of headwinds for Hong Kong’s stock exchange turned euphoric instead. The challenge is now to add to the momentum.
Sentiment:
positive
6 minute read
1 people have read this
By
Jennifer Surane
and
Crystal Tse
Added 5 days ago
Summary:
As Michael Klein negotiated one of the biggest deals ever by a blank-check company, familiar faces sat across the table.
Sentiment:
positive
5 minute read
3 people have read this
Ryan Browne
Added 5 days ago
Summary:
JPMorgan thinks bitcoin is an "economic side show," despite the cryptocurrency's monster rally.
Sentiment:
positive
2 minute read
2 people have read this
Reuters Staff
Added 6 days ago
Summary:
Apex Clearing Corp, a clearing firm and a custodian for digital assets, said on Monday it will go public through a merger with a blank-check firm backed by New York Islanders co-owner Jon Ledecky, in a deal that values the combined entity at $4.7 billion.
Sentiment:
positive
3 minute read
1 people have read this
Tanzeel Akhtar
Added 6 days ago
Summary:
Bitcoin is retreating after climbing to an all-time-high price above $58,000 – despite "laser eyes" focused on the cryptocurrency.
Sentiment:
positive
10 minute read
2 people have read this
By
Susanne Barton
and
Robert Fullem
Added 7 days ago
Summary:
The Chinese renminbi’s accelerating transformation from a sleepy backwater of the foreign-exchange market into a currency fit to rival global peers has traders setting aside concerns about how much further it can go without reform and buying into its ascent.
Sentiment:
positive
12 minute read
1 people have read this
Jing Yang
Added 7 days ago
Summary:
Thousands of miles from Wall Street, the boom in blank-check companies is taking hold in a region where major stock exchanges don’t let firms raise money for unspecified uses.
Sentiment:
negative
3 minute read
4 people have read this
By
Lu Wang
Added 7 days ago
Summary:
For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.
Sentiment:
positive
8 minute read
2 people have read this
By
Jack Sidders
Added 7 days ago
Summary:
Former governor of the Bank of England and Bank of Canada Mark Carney has been appointed to the board of Stripe Inc. amid reports that the financial technology business is preparing a new funding round.
Sentiment:
positive
3 minute read
1 people have read this
Michael Wursthorn
Added 7 days ago
Summary:
GameStop mania has spilled over into a popular exchange-traded fund, as the WallStreetBets craze reaches beyond shares favored on social media.
Sentiment:
positive
9 minute read
1 people have read this
By
Crystal Tse
,
Edward Ludlow
, and
Dinesh Nair
Added 8 days ago
Summary:
Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early next week, according to people familiar with the matter.
Sentiment:
positive
5 minute read
3 people have read this
Feb 20th 2021
Added 8 days ago
Summary:
But he will not kill the internal combustion engine
1 people have read this
Added 9 days ago
Summary:
Russian five-and-dime retail chain Fix Price has said it is considering listing on stock exchanges in London and Moscow, as the group seeks to capitalize on robust growth spurred by rising demand for cheap goods.
3 people have read this
Ramishah Maruf
Added 11 days ago
Summary:
After committing one of the 'biggest blunders in banking history,' Citibank won't be allowed to recover the almost half a billion dollars it accidentally wired to Revlon's lenders, a U.S. District Court judge ruled.
Sentiment:
negative
4 minute read
2 people have read this
by
Jake Martin
Added 11 days ago
Summary:
A Finra arbitration panel in Boca Raton, Florida found two former brokers and J.P. Morgan liable in a case brought by the brokers’ 94-year-old grandmother for unauthorized trading and elder abuse.
Sentiment:
negative
6 minute read
1 people have read this
Ramishah Maruf, CNN Business
Added 11 days ago
Summary:
After committing one of the "biggest blunders in banking history," Citibank won't be allowed to recover the almost half a billion dollars it accidentally wired to Revlon's lenders, a US
Sentiment:
negative
5 minute read
1 people have read this
Bozorgmehr Sharafedin
Added 11 days ago
Summary:
Oil prices advanced further on Wednesday, underpinned by major supply disruption in the south of the United States this week caused by a winter storm in Texas.
Sentiment:
positive
3 minute read
2 people have read this
ABC News
Added 12 days ago
Summary:
Citigroup says it will appeal a US judge's ruling that it is on the hook for almost $1.1 billion in mistaken payments it sent out to 10 financial companies, instead of $10 million worth of interest payments.
Sentiment:
negative
3 minute read
1 people have read this
Ramishah Maruf, CNN Business
Added 12 days ago
Summary:
After committing one of the "biggest blunders in banking history," Citibank won't be allowed to recover the almost half a billion dollars it accidentally wired to Revlon's lenders, a US District Court judge ruled.
Sentiment:
negative
5 minute read
1 people have read this
Imani Moise
Added 16 days ago
Summary:
Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat's compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing.
Sentiment:
negative
3 minute read
3 people have read this
Matt Hussey
Added 17 days ago
Summary:
A record breaking day for Bitcoin pushes markets ever higher making crypto larger than several financial insrtitutions.
Sentiment:
positive
4 minute read
1 people have read this
Reuters
Added 19 days ago
Summary:
BlackRock appoints Lord to head APAC business
Sentiment:
positive
1 minute read
3 people have read this
Matt Wirz
Added 20 days ago
Summary:
The move comes amid a recent surge in yields of longer-term government bonds compared with short-term debt as traders bet that government stimulus will accelerate a rebound in economic growth.
Sentiment:
positive
4 minute read
2 people have read this
Al Jazeera
Added 20 days ago
Summary:
Low borrowing costs, hopes of a vaccine-driven global economic rebound are emboldening investors to bet on risky assets.
Sentiment:
positive
4 minute read
1 people have read this
By
Adam Haigh
and
Anchalee Worrachate
Added 20 days ago
Summary:
U.S. stocks stretched their rally to six days on rising prospects for a robust federal spending package and a slowdown in virus infection rates.
Sentiment:
positive
4 minute read
3 people have read this
Emily Bary
Added 20 days ago
Summary:
Sizable earnings beats from Big Tech and the big banks are likely to drive a surprise lift in corporate profits this earnings season.
Sentiment:
positive
9 minute read
1 people have read this
Arash Massoudi in London, Kana Inagaki in Tokyo and Miles Kruppa in San Francisco
Added 21 days ago
Summary:
After posting a record loss last year, fortunes have changed for the Saudi-backed tech investment fund
Sentiment:
positive
11 minute read
2 people have read this
Bitcoin (BTC) News
Added 21 days ago
Summary:
Ethereum & Bitcoin Blockchain News for US & UK
Sentiment:
positive
3 minute read
1 people have read this
Reuters Staff
Added 21 days ago
Summary:
Taiwan's central bank on Sunday said it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended them for two years from trading forex derivatives as part of a crackdown on speculation.
Sentiment:
negative
3 minute read
1 people have read this
By
Cindy Wang
and
Miaojung Lin
Added 21 days ago
Summary:
Taiwan penalized Deutsche Bank AG and three other foreign lenders after a probe into speculation on the surging local currency last year involving grain companies.
4 minute read
1 people have read this
Max Gorbachev. Sputnik International
Added 22 days ago
Summary:
The Republican, who has made cameo appearances in more than a dozen movies, reportedly became a member of SAG-AFTRA in 1989. According to its website, the union...
Sentiment:
negative
4 minute read
1 people have read this
Reuters Staff
Added 23 days ago
Summary:
Two blank-check firms backed by SoftBank Group Corp are aiming to raise a total of about $550 million in their initial public offerings, regulatory filings showed on Friday.
Sentiment:
positive
3 minute read
3 people have read this
Akane Otani
Added 23 days ago
Summary:
The day-trading frenzy firing up stocks like GameStop benefits from capital provided by a growing number of teen investors. “You have to be willing to lose it all.”
2 minute read
1 people have read this
Jeff Cox
Added 23 days ago
Summary:
The Biden administration's first monthly employment report showed that jobs increased by 49,000 in January and the unemployment rate fell to 6.3%.
Sentiment:
negative
6 minute read
1 people have read this
By
Paula Seligson
and
Davide Scigliuzzo
Added 23 days ago
Summary:
Money managers are having such a tough time getting their hands on debt in the $2.8 trillion market for junk bonds and leveraged loans that they’re calling up companies and pressing them to borrow, instead of waiting for bankers to bring new deals to them.
Sentiment:
negative
9 minute read
1 people have read this
Liang-sa Loh
Added 23 days ago
Summary:
Taiwan's central bank on Friday told four foreign banks they would be suspended from trading in the deliverable forwards foreign exchange market for their role in helping grains firms speculate against the Taiwan dollar, three sources with direct knowledge of the matter...
Sentiment:
negative
3 minute read
1 people have read this
By
William Shaw
and
Donal Griffin
Added 23 days ago
Summary:
Most major global banks will spend more than $100 million each this year preparing for the end of the discredited Libor rate, according to Ernst & Young.
Sentiment:
positive
7 minute read
1 people have read this
Bradley Keoun
Added 23 days ago
Summary:
Altcoins like Chainlink get big boost from DeFi growth on Ethereum, while inflation bets boost bitcoin and dogecoin gets (Elon Musk) moonshot.
Sentiment:
positive
13 minute read
1 people have read this
Trevor Hunnicutt, David Lawder
Added a month ago
Summary:
Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving one of her last private sector business relationships.
Sentiment:
positive
11 minute read
2 people have read this
Daria Rud
Added a month ago
Summary:
Despite a downgrade by Citigroup in December, MicroStrategy has grown by 113% since then. The CEO said the company would buy more BTC.
Sentiment:
positive
4 minute read
1 people have read this
William Suberg
Added a month ago
Summary:
A casual vote of confidence from the world's richest man excites pundits but fails to produce a BTC price pump — could that be about to change?
Sentiment:
negative
8 minute read
1 people have read this
Added a month ago
Summary:
Illegal naked shorting and stock manipulation are two of Wall Street's deep, dark secrets. This report explains what they are and the magnitude of the problem they represent.
Sentiment:
positive
12 minute read
1 people have read this
Alison DeNisco Rayome
Added a month ago
Summary:
While most people get to keep their stimulus money, for some new rules may affect who can garnish your second payment. Here are your rights when it comes to your money.
1 people have read this
By
Added a month ago
Summary:
Questions about the Yang campaign’s treatment of women and Citigroup’s role in the mortgage crisis created moments of friction among the New York City contenders.
Sentiment:
positive
2 minute read
1 people have read this
Pippa Stevens
Added a month ago
Summary:
U.S. stock index futures declined in overnight trading on Sunday.
Sentiment:
negative
5 minute read
1 people have read this
Joseph Young
Added a month ago
Summary:
MicroStrategy has surged 113.27% since Dec. 8 due to the Bitcoin price surge, when it was downgraded by a Citigroup analyst.
Sentiment:
positive
3 minute read
1 people have read this
By amNY News
Added a month ago
Summary:
Patrick Hughes has put his two side-by-side bars in New York's Hell's Kitchen, Hellcat Annie's and Scruffy Duffy's, up for sale - for 25 bitcoins or 800
Sentiment:
positive
3 minute read
2 people have read this
By
Paul Wallace
Added a month ago
Summary:
Chemicals maker Saudi Basic Industries Corp. expects sales and earnings to increase this year after it beat analysts’ estimates by making a profit in 2020.
Sentiment:
positive
4 minute read
1 people have read this
by Tyler Durden
Added a month ago
Summary:
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Sentiment:
negative
6 minute read
1 people have read this
By
James Hirai
Added a month ago
Summary:
Traders are scrapping bets that the U.K. will implement negative rates this year, calling time on one of the most popular wagers of 2020 ahead of a Bank of England meeting that’s expected to address the debate.
Sentiment:
negative
6 minute read
3 people have read this
Aleksandra Michalska
Added a month ago
Summary:
Patrick Hughes has put his two side-by-side bars in New York's Hell's Kitchen, Hellcat Annie's and Scruffy Duffy's, up for sale - for 25 bitcoins or 800 Ethereum tokens, now worth up to $1.12 million.
Sentiment:
positive
3 minute read
1 people have read this
Matt Taibbi
Added a month ago
Summary:
In a blowout comedy for the ages, finance pirates take it up the clacker
Sentiment:
negative
6 minute read
2 people have read this
By
Ellen Milligan
and
Harry Wilson
Added a month ago
Summary:
Tom Hayes, the former UBS Group AG and Citigroup Inc. trader who became the face of the Libor scandal, is set to be released Friday after nearly six years in prison.
Sentiment:
negative
6 minute read
1 people have read this
Added a month ago
Summary:
By Pam Martens and Russ Martens: January 28, 2021 ~ Dark Pools owned by the biggest names on Wall Street – such as Goldman Sachs' Sigma X2, JPMorgan
Sentiment:
negative
9 minute read
1 people have read this
By
Bailey Lipschultz
and
Divya Balji
Added a month ago
Summary:
GameStop Corp. plummeted on Thursday, wiping out a chunk of a rally posted over a dizzying six-day period, after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fanbase.
Sentiment:
negative
6 minute read
2 people have read this
Al Jazeera
Added a month ago
Summary:
Clients of Robinhood reported trading restrictions in high-flying stocks, including GameStop and AMC.
Sentiment:
positive
6 minute read
1 people have read this
Investing.com
Added a month ago
Summary:
Standard Life Aberdeen reduced stake in Autohome Inc.
Sentiment:
positive
2 minute read
1 people have read this
By
Alonso Soto
Added a month ago
Summary:
Nigeria’s central bank will probably devalue the naira by as much as 10% this year amid a lingering dollar shortage in Africa’s top oil producer, according to a Bloomberg survey of investors and analysts.
Sentiment:
negative
5 minute read
1 people have read this
Motley Fool Transcribing
Added a month ago
Summary:
AAPL earnings call for the period ending December 31, 2020.
Sentiment:
positive
67 minute read
4 people have read this
Bloomberg News
Added a month ago
Summary:
An increase in Iranian oil exports to China has received some unwanted attention in recent days and is now prompting fears of a clampdown.
Sentiment:
negative
4 minute read
2 people have read this
By
Julia Fioretti
Added a month ago
Summary:
Brookfield India Real Estate Trust, backed by Canadian asset manager Brookfield Asset Management Inc., is seeking to raise as much as $522 million in an Indian initial public offering, adding to the growing number of listings from the sector in the country.
Sentiment:
positive
3 minute read
1 people have read this
By
Ronojoy Mazumdar
Added a month ago
Summary:
India’s annual budget will be unveiled on February 1, with expectations that the government will boost spending to reboot an economy that’s forecast to contract the most this year since 1952. Here’s a guide to those stocks that may be most affected by the spending plan.
Sentiment:
positive
6 minute read
2 people have read this
By CNN Business
Added a month ago
Summary:
View more stock market news today.
Sentiment:
negative
2 minute read
1 people have read this
Investing.com
Added a month ago
Summary:
Greenlight Capital reduced stake in Green Brick Partners, Inc.
Sentiment:
positive
1 minute read
1 people have read this
Bloomberg News
Added a month ago
Summary:
In a four-year campaign to root out risks to China’s financial system, regulators have set upon their biggest target yet: the world’s largest financial technology sector.
Sentiment:
positive
12 minute read
5 people have read this
By
Sofia Horta e Costa
and
Jeanny Yu
Added a month ago
Summary:
Hong Kong’s stock rally is so dependent on mainland capital that the mere suggestion the record inflows will slow has the potential to stir panic in the city’s $7.1 trillion market.
Sentiment:
positive
6 minute read
1 people have read this
By
Anto Antony
and
Baiju Kalesh
Added a month ago
Summary:
Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co.
Sentiment:
negative
22 minute read
2 people have read this
Investing.com
Added a month ago
Summary:
Royce & Associates increased stake in PCTEL, Inc.
Sentiment:
positive
3 minute read
1 people have read this
Investing.com
Added a month ago
Summary:
Royce & Associates increased stake in John B. Sanfilippo & Son, Inc.
Sentiment:
positive
3 minute read
1 people have read this
Investing.com
Added a month ago
Summary:
Royce & Associates reduced stake in Preformed Line Products Company
Sentiment:
positive
3 minute read
1 people have read this
New York Post
Added a month ago
Summary:
Former “Real Housewives of New York” star Barbara Kavovit has officially announced she’s running for mayor of New York City.
Sentiment:
negative
2 minute read
1 people have read this
John Detrixhe
Added a month ago
Summary:
With the success of ARK Invest, Wood is taking her place among legends like Warren Buffett. Can she stay there?
Sentiment:
positive
7 minute read
1 people have read this
By
Swetha Gopinath
Added a month ago
Summary:
InPost SA’s shareholders raised 2.8 billion euros ($3.4 billion) in the Polish company’s initial public offering in Amsterdam, as an online shopping boom drives up demand for its automated parcel lockers.
Sentiment:
positive
4 minute read
1 people have read this
Reuters
Added a month ago
Summary:
Junior bankers feel left behind in COVID-era banking boom
1 people have read this
By
Jack Pitcher
Added a month ago
Summary:
7-Eleven Inc. is marketing a potential $10.95 billion bond offering, according to people familiar with the matter, in what would be the largest corporate dollar debt sale globally so far this year.
Sentiment:
negative
2 minute read
1 people have read this
Added a month ago
Summary:
“We must change now,” the new US President said. “I know it’s going to take time, but I know we can do it."
Sentiment:
negative
14 minute read
1 people have read this
Aamer Madhani
Added a month ago
Summary:
U.S. President Joe Biden on Tuesday ordered the Department of Justice to end its reliance on private prisons and acknowledge the central role government has played in implementing discriminatory housing policies.
Sentiment:
negative
12 minute read
1 people have read this
Aamer Madhani | AP
Added a month ago
Summary:
President Joe Biden has ordered the Department of Justice to end its reliance on private prisons and acknowledge the central role the government has played implementing discriminatory housing policies
Sentiment:
negative
11 minute read
1 people have read this
By
Added a month ago
Summary:
The company had its first $5 billion quarter for its gaming business, as people looked for entertainment at home and Microsoft launched the long awaited new generation of its Xbox console.
Sentiment:
positive
2 minute read
1 people have read this
Jeff Cox
Added a month ago
Summary:
Markets figure that as long as the Fed keeps pumping, then it's safe to keep buying.
Sentiment:
positive
9 minute read
1 people have read this
By AAMER MADHANI
Added a month ago
Summary:
President Joe Biden on Tuesday ordered the Department of Justice to end its reliance on private prisons and acknowledge the central role government has played in implementing discriminatory...
Sentiment:
positive
7 minute read
1 people have read this
By
Amanda Albright
and
Anastasia Bergeron
Added a month ago
Summary:
The record high valuations in the municipal-bond market have put some investors in an unusual position: rooting for a surge in supply that would push down prices.
Sentiment:
negative
3 minute read
1 people have read this
Ben Eisen
Added a month ago
Summary:
The commitment to mandating a diverse slate of applicants when hiring employees comes in response to shareholder proposals from the AFL-CIO's reserve fund.
Sentiment:
positive
3 minute read
1 people have read this
Aamer Madhani | AP
Added a month ago
Summary:
White House officials say President Joe Biden will order the Department of Justice to end its reliance on private prisons and acknowledge the central role the government has played implementing discriminatory housing policies
Sentiment:
positive
7 minute read
1 people have read this
By
Cathy Chan
Added a month ago
Summary:
Morgan Stanley and Goldman Sachs Group Inc. investment bankers are getting the biggest bonus bumps among peers in Asia after revenue from the region climbed by about a third on increased deal flows.
Sentiment:
positive
6 minute read
1 people have read this
Jessie Pang, Alun John, Sumeet Chatterjee
Added a month ago
Summary:
Hong Kong authorities are scrutinizing the financial records of pro-democracy activists as they crack down on political opposition, according to some activists and a senior bank executive.
Sentiment:
negative
11 minute read
1 people have read this
By
Archana Narayanan
and
Farah Elbahrawy
Added a month ago
Summary:
Saudi Arabia started the sale of a two-part dollar bond as countries in the Gulf Arab region raise cash buffers to weather low oil prices and the coronavirus pandemic.
Sentiment:
positive
3 minute read
1 people have read this
By
Swetha Gopinath
Added a month ago
Summary:
Online greeting-card retailer Moonpig Group Plc and its shareholders plan to raise as much as 384 million pounds ($524 million) in an initial public offering in London, part of a rush of European companies looking to capitalize on robust stock markets and pandemic-fueled sales growth.
Sentiment:
positive
3 minute read
1 people have read this
By
Alonso Soto
Added a month ago
Summary:
Nigeria’s central bank has analysts guessing about its interest-rate path this year, underscoring the distortions that are stoking inflation while output is languishing in Africa’s largest economy.
Sentiment:
positive
5 minute read
1 people have read this
Reuters
Added a month ago
Summary:
Exclusive: Hong Kong police obtain financial records of arrested democracy activists
Sentiment:
negative
11 minute read
1 people have read this