Thursday Headlines: Reddit IPO priced at top end of expected range
Reuters: Reddit prices IPO at top of indicated range to raise $748 million Bloomberg: Barclays Readies Hundreds of Job Cuts in Investment Bank CNBC.com: Fed raises…
Reuters: Reddit prices IPO at top of indicated range to raise $748 million Bloomberg: Barclays Readies Hundreds of Job Cuts in Investment Bank CNBC.com: Fed raises…
New York Post: Texas yanks $8.5B from Larry Fink’s BlackRock in ‘massive blow against the scam of ESG’ Bloomberg: Funding Market Signals Fed Has Time to…
I’m shocked, I tell you. Shocked! ACADEMICS QUESTION ESG STUDIESTHAT HELPED FUEL INVESTING BOOM As Wall Street’s passion for sustainability began surging about five years ago, Andy King looked on…
Bloomberg: BofA’s CEO Says Commercial Real Estate Will Be ‘Slow Burn’ Financial Times: Calpers to invest more than $30bn in private markets Wall Street Journal: A…
New York Times: Cities Face Cutbacks as Commercial Real Estate Prices Tumble CNBC.com: Morgan Stanley names a head of artificial intelligence as Wall Street leans into…
CNBC.com: Dimon endorses Disney’s Iger in proxy fight with Peltz’s Trian Partners Wall Street Journal: Women Aren’t Getting the Big Jobs at Goldman, and They’re Heading…
A REGULATOR SPEAKS: A large-bank CEO recently met with Adrienne Harris, who leads the New York State Department of Financial Services, and asked her about her…
CNBC.com: Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly Financial Times: How M&A boutique Evercore became ‘Goldman North’ Bloomberg: US 30-Year Mortgage Rate Drops…
Bloomberg: Dimon Warns US Recession ‘Not Off the Table’ Yet Wall Street Journal: Life at Regional and Small Banks, One Year After SVB Failed Financial Times:…
MISBEGOTTEN: Drumroll, please—and let the unintended consequences begin! NEW CFPB RULE CAPS BANKS’CREDIT CARD LATE FEES AT $8 The Consumer Financial Protection Bureau unveiled a new rule on…