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Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors

People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024.  Jaap Arriens | Nurphoto | Getty Images Bitcoin led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transferred more bitcoin to creditors and investors […]

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors Read More »

Bank of America is about to report earnings — here’s what Wall Street expects

Bank of America is about to report earnings — here’s what Wall Street expects

CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Annual Oversight of Wall Street Firms,” in Hart Building on Wednesday, December 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America

Bank of America is about to report earnings — here’s what Wall Street expects Read More »

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence Read More »

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.34 per share, according to LSEG Revenue: $12.46 billion, according to LSEG Trading Revenue: Fixed Income of $2.96 billion, Equities of $3.17 billion, per

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects Read More »

Citigroup tops expectations for profit and revenue on strong Wall Street results

Citigroup tops expectations for profit and revenue on strong Wall Street results

CEO of Citi, Jane Fraser during the panel on Tech and finance – tailwinds and headwinds at the Global Hong Kong Global Financial Leaders Investment Summit on November 7, 2023 in Hong Kong, China. Vernon Yuen | Nurphoto | Getty Images Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on

Citigroup tops expectations for profit and revenue on strong Wall Street results Read More »

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23, 2024.  Victor J. Blue | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Friday. Here’s what Wall

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects Read More »

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

Oscar Wong | Moment | Getty Images There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. Banks involved in the mess caused by the collapse of fintech intermediary Synapse have made progress piecing together account information for stranded customers that could

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers Read More »

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in .65 billion deal

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal

Saks Fifth Avenue store at the Waterside Shops.  John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal Read More »

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