US stocks fell on Friday, with the Dow Jones and the S&P 500 suffering their biggest percentage losses in a day in months, as sectors affected by the pandemic, which have benefited from a reopening, plunged after a new mutation of the coronavirus COVID-19. Authorities around the world reacted with alarm on Friday to the […]
Tag: Wall Street
Chinese government demands that Didi, the “Chinese Uber”, get out of the Wall Street stock market
Updated on 11/26/2021 09:55 am The Chinese authorities have asked the giant of the transport vehicles with driver Didi to establish a plan to go public on Wall Street, according to Bloomberg. Didi’s entry into the US stock market in June, known as the “Uber chino”Was overshadowed by an investigation launched a few days later […]
BofA is bearish around markets, sees impact on rates in 2022
Updated 11/23/2021 03:14 am Bank of America Corp. strategists are bearish on the outlook for the markets for next year, urging investors to focus on holding cash as faster inflation and higher interest rates alter the trajectory of loans. global asset prices. On a note to clients, strategists led by Michael Hartnett they provided macro […]
Wall Street no debe temer a Lael Brainard
Paul J. Davies Banking regulation is a routine activity. It’s all about endless details and complexities. Sometimes to make people worry, you have to make it a little melodramatic. And expect there to be a lot of that surrounding speculation that the board member of the Federal Reserve, Lael Brainard, he could soon succeed Randal […]
Turnover on Wall Street rises with eight-digit salaries
The trading desk was embarking on a second year of strong earnings when top executives began defecting to firms such as Bank of America Corp., Citigroup Inc. and Millennium Management. By the fourth quarter, many of the heavyweights on the team were gone. The setting was not a distressed investment bank. It was the stock […]
There is no consensus on the meaning of ‘net zero’ among bankers
The term “net zero” quickly entered the Wall Street and City of London lexicon, but there is no consensus on what it means, leading to misrepresentations and confusion. To help guide the financial industry, the Science Based Targets (SBTi) initiative, which certifies corporate climate policies and introduced a net zero standard for businesses last month, […]
Wall Street Banks Step Up Preparations for Volatility Due to Fed Tapering
Banks of Wall Street are stepping up preparations for the withdrawal of the pandemic stimulus from the Federal Reserve (Fed) in order to ensure that they are able to handle spikes in market volatility, help clients manage their risks and, at the same time, obtain Benefits. The Federal Reserve is expected to formally announce Wednesday […]
Wall Street is betting that Brazil will accelerate its pace of adjustment
Updated on 10/25/2021 04:20 am The main firms of Wall Street warned that the worsening fiscal outlook for Brazil is pressuring central bankers to accelerate their pace of adjustment and raise the interest rates more than expected next week. JPMorgan Chase & Co., Goldman Sachs Group Inc, Credit Suisse Group AG and Morgan Stanley raised […]
La futura red social de Donald Trump explota en Wall Street
The company that will allow the social network of Donald Trump go public explodes in Wall Street, a success that illustrates both the speculative fever and the popularity of the former president. After being suspended several times on Friday amid impressive escalation and volatility, Digital World Acquisition Corp’s stock was up 118% mid-day to $ […]
Cryptocurrency companies prepare their own regulations
Faced with the prospect of widespread crackdown by federal authorities, cryptocurrency companies are increasingly trying to argue in Washington that the old rules should not apply. To shape the debate, they are publishing their own policy proposals that would protect them from multiple regulators and even temporarily exempt them from some regulations. The cryptocurrency sector […]