CEO of Citi, Jane Fraser during the panel on Tech and finance – tailwinds and headwinds at the Global Hong Kong Global Financial Leaders Investment Summit on November 7, 2023 in Hong Kong, China. Vernon Yuen | Nurphoto | Getty Images Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on … Read more
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23, 2024. Victor J. Blue | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Friday. Here’s what Wall … Read more
Unexpected far-left victory in French run-off, estimates project, S&P 500 hits 34th record close, bitcoin sinks on Mt. Gox refund Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party’s victory in the country’s general election. The investment bank said in a note released early Friday morning that it expected Labour’s … Read more
We’re selling 50 shares of Morgan Stanley at roughly $100.04 each and 110 shares of Wells Fargo at roughly $60.65. Following Friday’s trades, Jim Cramer’s Charitable Trust will own 1,100 shares of MS, decreasing its 3.3% weighting to from 3.45% and 2,000 shares of WFC, decreasing its weighting to 3.64% from 3.84%. We’re making two … Read more
Lee co-founded a venture capital firm Creator Ventures with his cousin Sasha Kaletsky in 2022. Caspar Lee Caspar Lee advised young people who want to be content creators to do YouTube for fun rather than focusing on making money because the chances of financial success are low. The 30-year-old was a successful British-South African YouTuber … Read more
Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the recent bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, March 29, 2023. Kevin Lamarque | Reuters The Federal Reserve said Wednesday that the biggest banks operating in … Read more
Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of … Read more
30-year-old Caspar Lee was once a YouTube megastar and is now a serial entrepreneur. Caspar Lee Caspar Lee belongs to a crop of content creators who found early success on YouTube back in the 2010s, commanding millions of views on the platform. The 30-year-old serial entrepreneur, who was born in England and raised in Knysna, … Read more
Forget M&A league tables. Wall Street banks took to the chessboard over the past few days to decide who is the brightest. Turns out, none of them. Bankers and traders from companies including Goldman Sachs Group Inc., BlackRock Inc. and Deutsche Bank AG were beaten by players from online chess platforms Chessify and Chessmood in … Read more
