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Tuesday Headlines: BofA tops estimates; Goldman misses
By Matt Stichnoth,
Wall Street Journal: Few Banks Are Hedging Interest-Rate Risk
Financial Times: Bank of America’s profits rise despite recent bank turmoil
New York Times: Goldman Sachs Sheds Consumer Loans as Losses Mount
Wall Street Journal: Office Building Owners Snubbed by Life Insurance Lenders
Bloomberg: Apple, Goldman Sachs Debut Savings Account With 4.15% Annual Yield
Financial Times: HSBC urged to break up by largest shareholder and accused of ‘exaggerating’ risk
MarketWatch: America’s CEOs believe stocks are cheap and M&A action says they’re right
Financial Times: Pension fund Calstrs braced for writedowns in $50bn property portfolio
CNBC.com: SEC’s Gensler in congressional hot seat today over climate change and crypto
Bloomberg: BlackRock Ditches 60/40 Portfolio in New Regime of High Inflation
Bloomberg: Deutsche Bank Targets Asia’s Rich as Credit Suisse Clients Flee