Shares in midsize banks that seemed to be on the brink stage a comeback.
Category: Griffin, Kenneth C
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After Days of Panic, Midsize Banks See Stocks Rise
The New York Times – Business: -
Shares in First Republic and Others Rise After Federal Bank Rescue
The New York Times – Business:First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
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JPMorgan Is Turning On Jes Staley, Ex-Star, Over Jeffrey Epstein
The New York Times – Business:The banking giant has sued Jes Staley over what it said were failures to alert the company to all he knew about Jeffrey Epstein.
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
The New York Times – Business:Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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What Layoffs? Top Wall Street Traders Score Giant Paydays
The New York Times – Business:Some large hedge funds that profited off the recent market volatility are wooing traders with tens of millions of dollars in guaranteed payouts.
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Elliott Management, Activist Investor, Buys a Stake in Salesforce
The New York Times – Business:Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff.
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Big Donors like Steve Schwarzman Back Away From Donald Trump
The New York Times – Business:Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
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Why the G20 Summit Matters to Investors
The New York Times – Business:Stocks rallied in Asia on Tuesday following a historic meeting between President Biden and his Chinese counterpart, Xi Jinping.
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The Race is On to Find the U.K.’s Next Prime Minister
The New York Times – Business:Turmoil returned to Britain’s financial markets as the Conservative Party once again seeks a new candidate to serve as prime minister.