Banks
Russia’s war in Ukraine means there’ll be no return to normality for Europe’s economy
German Chancellor Olaf Scholz, French President Emmanuel Macron and Polish President Andrzej Duda attend a news conference ahead of a Weimar Triangle meeting to discuss the ongoing Ukraine crisis, in Berlin, Germany, February 8, 2022. Hannibal Hanschke | Reuters The war in Ukraine and the ensuing economic sanctions imposed on Russia will cause far bigger […]
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Want to be paid in crypto? Here are the rewards — and the risks
There’s no denying that with the Great Resignation, workers are more empowered to seek what they want from their jobs. Other than flexibility and better benefits, a new workplace perk is gaining popularity — the option of being paid in digital currency. According to a global poll by financial consultancy deVere Group, cryptocurrencies could become […]
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Earnings playbook: Big banks and an airline kick off the reporting season
The corporate earnings season will get going next week with some of the biggest U.S. banks slated to report. Source
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Here’s a bunch of Wall Street’s top global stocks to own right now
Bank of America, Deutsche Bank and Bernstein have named their top stocks for the months ahead. Source
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Morgan Stanley aims to serve the richest of the rich as family offices grow to $5.5 trillion in assets
Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealthy, Morgan Stanley is setting its sights on the richest of the rich — family offices with tens of billions of dollars in assets, CNBC has learned. […]
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Stay defensive with these global stocks amid market volatility, analysts say
HSBC, Credit Suisse and UBS name their top defensive stock picks. Source
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There’s no shortage of aspiring Goldman bankers as record 236,000 students apply for internships
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Last year, a slide deck made by Goldman Sachs junior bankers detailing harsh working conditions made waves across the industry, fueling speculation that the industry had lost its appeal for younger workers. But that […]
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Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]
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How Russian banks got cut out of global finance: A ‘SWIFT’ system explainer
Several Russian banks were banned from the SWIFT financial-messaging system following Russia’s full-scale invasion of Ukraine. So, what does it mean to lose access to this important part of the international economy, and are there any viable alternatives? Effective communication systems are the backbone of how the world stays connected, from mobile phones, email networks, […]
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These are the best stocks to own as bond yields rise, Jefferies says
Jefferies has named the best stocks to own during rising U.S. 10-year Treasury yields. Source
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