Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
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Bank of England may soon 'deliver six interest rate cuts'
The Bank of England is facing a growing clamour to make as many as six cuts in interest rates to save the economy from a recession. Goldman Sachs has issued a new forecast that UK interest rates ...
Two Wall Street bank CEOs remain cautious on the economy. Here’s why.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
U.K. Inflation Eases in Boost to Rate-Cut Chances
Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates against a difficult economic backdrop.
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Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
FTSE 100 and US stocks higher as Trump holds off on tariff threat
Investors assessed president Donald Trump's first-day orders and the prospect of historic tariffs being imposed on Mexico and Canada within weeks.
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.
Britain’s £25bn banking problem piling pressure on Rachel Reeves
When Santander boss Ana Botin met Rachel Reeves at the annual Davos jamboree last week, the atmosphere may have been frostier than the ski slopes outside...
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
Wall Street banks prepare to sell up to $3 billion in X loans next week, sources say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday.
Why Is George Soros Bullish On Western Midstream Partners, LP (WES) Now?
We recently compiled a list of the Billionaire George Soros’ Long-Term Stock Picks. In this article, we are going to take a look at where Western Midstream Partners, LP (NYSE:WES) stands against George Soros’ long-term stock picks.