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Rebound in Rates Puts Pressure on Banks
U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link
Lazard Fires Top Restructuring Banker Accused of Harassing Employees
Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend. Source link
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson
Bank of America was among the other big companies reporting Tuesday. Source link
Republicans Pummel SEC's Gensler Over Crypto Crackdown
The agency’s chair says he has never seen an industry “so noncompliant with laws.” Source link
Republicans Pummel SEC's Gensler Over Crypto Crackdown
The agency’s chair says he has never seen an industry “so noncompliant with laws.” Source link
Goldman Sachs Reports Lower Profit
Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source
State Street, Schwab See Deposits Drop
Banks across the board are under pressure to pay depositors more as interest rates continue to rise. Source link
SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges
Markets Currencies Cryptocurrency Seattle-based company, winding down American operations, is told it faces potential enforcement action Source link