Fed directs large financial institutions to disclose how they are preparing for weather modify challenges

Vital Points

The 6 major banks in the U.S. have until the conclude of July to clearly show the influence that weather alter could have on their operations.
The establishments are to demonstrate the effects that local weather could have on their mortgage portfolios and industrial actual estate holdings.
Participating banking institutions contain Bank of The us, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo. The deadline for submissions is July 31.

Supply

Finance

Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

October 10, 2025

In this article PDD 9618-HK BIDU 9988-HK Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each […]

Finance

Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October

October 10, 2025

ETF Edge Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October Published Fri, Oct 10 202512:02 PM EDTUpdated 2 Min Ago Krysta Escobar Jill Schneider WATCH LIVE Source

Finance

Morgan Stanley drops restrictions on which wealth clients can own crypto funds

October 10, 2025

Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]