Finance

Banking

UBS Mulls a Massive Cost-Cutting

Photo by Claudio Schwarz via Unsplash

The slow integration of Credit Suisse has only exacerbated existing problems with UBS’s asset management unit.

1 min read

Photo by Hardik Pandya via Unsplash

Markets

General Catalyst Closes $6 Billion Fund

It’s a possible sign that the VC industry’s newest chapter is a story of the haves and have-nots.

2 min read
Image Credit: Getty Images, awdebenharn.

Banking

Chinese Regulators See Regional Banks Headed for SVB-Style Chaos

Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.

2 min read
Photo by Meutia Chaerani via CC BY-SA 3.0

Markets

NYSE Polls Market Players About Moving to Around-the-Clock Trading

The NYSE is asking participants how investors should be protected during periods of volatility, how overnight staffing should work.

1 min read

Markets

Bigger Is Still Better in the S&P 500

Photo by Jason Briscoe via Unsplash

The top 50 companies in the index have seen a collective 4.5% skid so far in April, while the bottom 50 have slipped 8.6%.

2 min read

Finance

Goldman Sachs Mulls Exit From Big Tech Investments

Photo by Click See via CC BY-SA 2.0

The bank plans to take its profits off the table and repurpose them for new investments — primarily in energy and firms listed in Japan.

2 min read

Consumer

Chase Bank Gets into the Ad Game

Photo by Jan van der Wolf via Pexels

Chase Bank announced a new advertising unit that will use customer transaction data to target them with ads.

2 min read

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