Banking

Banking

Evercore’s Purchase of Robey Warshaw May Birth Trans-Atlantic M&A Titan

Photo via rafapress/ZUMAPRESS/Newscom

The deal will help bolster Evercore’s presence in Europe, where it placed 13th by deal volume in PwC’s advisory rankings last year.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Hammad Khan via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Blockchain

Stablecoins Are Here to Stay. Who Stands to Gain From Them?

Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.

4 min read
Photo via Thomas Fuller/ZUMAPRESS/Newscom

Blockchain

Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain

The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.

2 min read
Photo via imageBROKER/rafapress/Newscom

Banking

Goldman’s ‘Midas Touch’ During Turbulent Quarter Delivers Record Trading Results

Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.

2 min read

Finance

Markets Give a ‘Meh’ To Upbeat Wall Street Earnings

Photo by hapabapa via iStock

The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.

3 min read

Personal Finance

AmEx Platinum, Chase Sapphire Reserve Battle for Points in Upgrade Grudge Match

Photo by CardMapr.nl via Unsplash

The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.

1 min read

Ursula von der Leyen, President of the European Commission. Photo via Abaca Press/Monasse Thierry/ANDBZ/Abaca/Sipa USA/Newscom

Banking

Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Banking

Wall Street’s Elite Get Serious About Debt Alarmism

JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink sounded off last week about higher deficit spending in the US.

2 min read
Photo by João Vincient Lewis via Unsplash

Banking

Unshackled Wells Fargo Fights to Regain Momentum Lost in Penalty Box

Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.

2 min read

Banking

Banks Thrill to Potential Softening of Post-Crisis Capital Requirements

Photo by Tobias Reich via Unsplash

US regulators are reportedly set to relax capital requirement rules on banks that were brought in following the 2008 financial crash.

2 min read

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