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U.S. Secretary of the Treasury Janet Yellen
FinanceJanet Yellen says lending pullback after bank failures could be ‘substitute for further interest-rate hikes’ by Fed
By Christopher Condon and BloombergApril 15, 2023
Mike Wilson, chief U.S. equity strategist at Morgan Stanley & Co., speaks during a Bloomberg Television interview in New York.
FinanceWall Street’s top strategist warns U.S. stocks are set to drop by more than 20%
By Chloe TaylorApril 14, 2023
Bank bosses are hiding $600 billion in unrealized losses to keep their mega bonuses. Here’s why portfolio securities should be marked to market
CommentaryBank bosses are hiding $600 billion in unrealized losses to keep their mega bonuses. Here’s why portfolio securities should be marked to market
By Robert Litan, Martin Lowy and Lawrence J. WhiteApril 14, 2023
A picture of Jeremy Grantham
Finance‘Other things will break.’ Legendary investor Jeremy Grantham warns of more financial chaos and wants to see Powell ‘channel a little bit of Volcker’
By Prarthana PrakashApril 13, 2023
The JPMorgan Chase & Co. offices in London, U.K., on Wednesday, May 4, 2022.
LeadershipJPMorgan warns that bankers who fail to come into the office could face ‘corrective action’—and orders leaders to be in 5 days a week
By Chloe TaylorApril 13, 2023
Warren Buffett speaking at a Berkshire Hathaway event
FinanceWarren Buffett wants CEOs of failed banks to live like they ‘work on a Ford production line’ and give back their pensions and salaries
By Eleanor PringleApril 13, 2023
Warren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’
FinanceWarren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’
By Will DanielApril 12, 2023
Jay Foreman
FinanceFrom Care Bears to Reverend Nat’s Hard Cider, small business owners sound the alarm about the credit crunch in a post-SVB world
By Mae Anderson, Anne D'Innocenzio and The Associated PressApril 11, 2023
Analysts are bracing for the worst earnings decline since the first wave of COVID lockdowns
FinanceAnalysts are bracing for the worst earnings decline since the first wave of COVID lockdowns
By Tristan BoveApril 11, 2023
Weeks after his ‘big failure’ losing almost $2 billion on SVB, Sweden’s top pension fund chief sacked ‘with immediate effect’
FinanceWeeks after his ‘big failure’ losing almost $2 billion on SVB, Sweden’s top pension fund chief sacked ‘with immediate effect’
By Prarthana PrakashApril 11, 2023
Xclaim CEO and founder Matthew Sedigh.
CompaniesBankruptcy marketplace Xclaim raises $7 million after crypto rebrand
By Ben WeissApril 11, 2023
Employees pass between offices as UBS Group AG logo sits on a walkway at the UBS headquarters in Zurich, Switzerland
FinanceThe Swiss banking giant that just took over Credit Suisse isn’t afraid of empty office buildings. A wave of defaults doesn’t mean a tsunami, it says
By Lance LambertApril 7, 2023
JPMorgan Chase CEO Jamie Dimon says we are ‘near the end’ of the banking crisis
FinanceJPMorgan Chase CEO Jamie Dimon says we are ‘near the end’ of the banking crisis
By Will DanielApril 7, 2023
Americans are over the endless anxiety loop. Only the rich, remote workers, and Gen Zers really care about the banking crisis, according to The Harris Poll
CommentaryAmericans are over the endless anxiety loop. Only the rich, remote workers, and Gen Zers really care about the banking crisis, according to The Harris Poll
By Will JohnsonApril 6, 2023
The IMF warns that shadow banks that hold nearly 50% of global assets are vulnerable as central banks raise rates to tackle inflation
EconomyThe IMF warns that shadow banks that hold nearly 50% of global assets are vulnerable as central banks raise rates to tackle inflation
By Will DanielApril 5, 2023
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