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There Was No Crisis for JPMorgan and Its Big-Bank Peers
Markets Finance JPMorgan, Wells Fargo, Citigroup post profit and revenue gains after turmoil last month Source link
Muni Junk Bond King John Miller to Retire
Nuveen municipal-bond chief John Miller, who helped transform the Chicago-based investment firm into the nation’s top manager of junk-rated state and local debt, will retire
AI Can Write a Song, but It Can't Beat the Market
Quants have tried for decades with limited success at the biggest challenge. Source link
Former Outcome Health Executives Found Guilty of Fraud
Business Health Care Health Verdict caps fall of startup’s executive team led by Rishi Shah, who could face years in prison Source link
Citi Long-Serving M&A Chief to Retire
One of Citigroup’s top dealmakers, Mark Shafir, is retiring from the investment bank. Source link
Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link
At FTX, Multimillion-Dollar Expenses Were Approved by Emoji
FTX’s failures are rooted in “hubris, incompetence, and greed,” the new management team said in a report outlining scathing details about the lack of financial
A Little-Known Stablecoin Gets Big Help From World’s Largest Crypto Exchange
Markets Currencies Cryptocurrency TrueUSD’s market value surged after Binance removed spot bitcoin trading fees for the token Source link
A New Roster of Top Stock-Fund Managers
Winners’ Circle: In a rough market, different names emerge among winning stock-pickers. But only 27 of 1,257 funds had 12-month gains. Source link
Binance.US Struggles to Find Bank to Take Its Customers' Cash
As a stopgap, the exchange is using at least one middleman to store user funds on its behalf. Source link