U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest… Read More »UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial names should help safeguard their… Read More »What a stressed commercial real estate market means for these exposed bank stocks
As President Biden begins to more forcefully build a reelection case citing Bidenomics, Wall Street forecasts and actual GDP data are supportive, as are recent… Read More »Small business confidence is tanking again, especially when it comes to banks and Biden
The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked the end of one wave… Read More »The American banking landscape is on the cusp of a seismic shift. Expect more pain to come
The Federal Reserve is expected to raise interest rates Wednesday by a quarter point, but it also faces the tough task of reassuring markets it… Read More »The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis
Plummeting bond yields, steep drops in oil and stock prices, and a sharp jump in volatility are all signaling that investors fear a recession is… Read More »A recession could come sooner on cooling bank lending
Morgan Stanley ‘s (MS) multiyear transformation plan has been a success, CEO James Gorman said with pride Thursday — and, as shareholders, we see no… Read More »Morgan Stanley CEO says the bank’s push for more stable revenue streams has worked. It’s a key reason we own the stock
Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur,… Read More »The fintech reckoning is upon us. Here’s what to expect next year
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to… Read More »Here’s what the Federal Reserve’s half-point rate hike means for you
The CEO of https://www.cnbc.com/quotes/BAC/”>Bank of America, one of the financiers of https://www.cnbc.com/elon-musk/”>Elon Musk‘s https://www.cnbc.com/quotes/TWTR/”>Twitter takeover, doesn’t appear worried about the deal. https://www.cnbc.com/2022/10/27/elon-musk-now-in-charge-of-twitter-ceo-and-cfo-have-left-sources-say.html”>CNBC reported on Thursday… Read More »‘I don’t lose sleep’: Bank of America CEO isn’t worried about financing the Twitter deal
