Friday Headlines: Big banks step up pressure to get workers back to office
Bloomberg: Citi, HSBC, Barclays Ramp Up Demands for Five Days in Office Wall Street Journal: Washington’s Pivot on Bank Rules Could Free Up Tens of Billions…
Bloomberg: Citi, HSBC, Barclays Ramp Up Demands for Five Days in Office Wall Street Journal: Washington’s Pivot on Bank Rules Could Free Up Tens of Billions…
STILL IN THE HOLE: Hmm. Things might be looking marginally better in the office market lately, but that doesn’t mean everybody’s out of the woods yet. Not by a long shot. STARWOOD’S $10 BILLION…
Bloomberg: JPMorgan Hunts for Private Credit Firm to Bulk Up in Hot Sector CNBC.com: Federal Reserve minutes indicate worries over lack of progress on inflation Bloomberg:…
CNBC.com: CFPB says buy now, pay later firms must comply with U.S. credit card laws Financial Times: Citigroup fined £62mn by UK regulators over ‘fat-finger’ error…
Reuters: FDIC chair Gruenberg to resign after sex-harassment, misconduct at agency CNBC.com: Dimon says JPMorgan stock is too expensive: ‘We’re not going to buy back a…
ALREADY GONE: I take this as a sign that the ongoing problems in the commercial real estate sector are by now extremely well-understood by investors. Portfolio managers…
Wall Street Journal: Dimon Led Bank CEOs to Fend Off Tougher Capital Rules New York Times: What’s BlackRock Without Larry Fink? Shareholders Fret About Future. Bloomberg:…
Financial Times: Supreme Court rejects challenge to top consumer finance agency New York Post: JPMorgan Chase’s Dimon warns interest rates could stay high: ‘A lot of…
Reuters: Buffett reveals secret $6.7B stake in insurer Chubb after slicing Apple Financial Times: Starwood’s $10bn property fund taps credit line as investors pull money Bloomberg:…
STILL WAITING: Holy cow. It sure does seem like private equity funds are getting a little antsy. BURDEN OF $3 TRILLION ASSET PILE SPARKS HUNT FOR IPO ALTERNATIVE…