Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
U.K. Inflation Eases in Boost to Rate-Cut Chances
Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates against a difficult economic backdrop.
FTSE 100 and US stocks higher as Trump holds off on tariff threat
Investors assessed president Donald Trump's first-day orders and the prospect of historic tariffs being imposed on Mexico and Canada within weeks.
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.
Britain’s £25bn banking problem piling pressure on Rachel Reeves
When Santander boss Ana Botin met Rachel Reeves at the annual Davos jamboree last week, the atmosphere may have been frostier than the ski slopes outside...
Bank of America’s Profit More Than Doubles, Tops Wall Street Forecasts
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
Wall Street banks had a great quarter, and the boom times are just starting
according to bank executives. American investment banks just disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. But the grand machinery keeping Wall Street moving ...
Daily Express3d
Bank of England may soon 'deliver six interest rate cuts'
The Wall Street bank street bank's views echo those ... "While it is possible that the Bank of England will slow the pace of cuts if underlying inflation fails to make progress, we believe that ...
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
Wall Street banks prepare to sell up to $3 billion in X loans next week, sources say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday.
Why Is George Soros Bullish On Western Midstream Partners, LP (WES) Now?
We recently compiled a list of the Billionaire George Soros’ Long-Term Stock Picks. In this article, we are going to take a look at where Western Midstream Partners, LP (NYSE:WES) stands against George Soros’ long-term stock picks.