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Tech execs are reportedly 'scrambling' to score a ticket to a dinner with China's president in San Francisco

Tue, 11/14/2023 - 14:57

Chinese President Xi Jinping — Chinese President Xi Jinping will meet with business execs and President Joe Biden to discuss AI and more.
Pool/Getty Images

Tech Insider, xi-jinping, san-francisco, CEOs, silicon-valley, elon-musk, jane-fraser

Bond-market crash leaves big banks with $650 billion of unrealized losses as the ghost of SVB continues to haunt Wall Street

Tue, 11/07/2023 - 08:18

People walk by Bank of America — Bank of America shares have fallen 14% this year.
Spencer Platt/Getty Images

Markets, mi-exclusive, Markets, Stocks, Bonds, stock-market-analysis, stock-market-outlook

Citi shakeup: The banking giant is planning layoffs and a huge overhaul

Wed, 09/13/2023 - 13:19

citigroup — REUTERS/ Keith Bedford

finance, Markets, Citi, Citibank, Citigroup, citigroup-stock, citigroup-stock-price

What Wall Street is telling employees about returning to the office, from Goldman Sachs to JPMorgan and Blackstone

Mon, 09/04/2023 - 08:01

Business people walking around dark skyscrapers and Wall Street sign 4x3 — Rachel Mendelson/Insider

finance, finance, wall-street, return-to-office, work-week, Workplace, goldman-sachs

US stocks falls as markets assess downbeat China data

Tue, 08/15/2023 - 09:50

Sad trader — A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014.
REUTERS/Lucas Jackson

Markets, MI Exclusive, daily market wrap, Stock market news today, China Economy, China growth, Economic Recovery

Citigroup is monitoring employees' office attendance, and constant absences could mean missing out on bonuses or being fired

Fri, 07/28/2023 - 11:31

Citigroup employees have to be in the office three days a week.

Mike Kemp/In Pictures via Getty Images

Careers, News, Trending UK, Citigroup, Citigroup London, Remote Work, work from home

Wall Street's top 4 banks wrote off $3.4 billion in bad loans from borrowers who couldn't keep up in the first 3 months of 2023

Thu, 04/20/2023 - 11:52

Man types into a calculator at a bank — Bank officer calculates loans
Seksan Mongkhonkhamsao/Getty Images

Markets, MI Exclusive, JPMorgan, Citigroup, Bank of America, Wells Fargo, Loans

Warren Buffett dumped several banks after spotting red flags in their financials. Here's what spooked him, and which stocks he sold.

Wed, 04/19/2023 - 05:45

warren buffett newspaper — Warren Buffett.
REUTERS/Rick Wilking

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Bank stocks, Banking Crisis

Billionaire investor Bill Ackman says US banks depositing $30 billion into First Republic creates a 'false sense of confidence'

Fri, 03/17/2023 - 06:38

Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. — Billionaire investor Bill Ackman calls for a temporary systemwide bank deposit guarantee immediately.
REUTERS/Mike Blake

News, finance, Markets, Silicon Valley Bank, SVB, Bank Run, First Republic

The CEO of Silicon Valley Bridge Bank is asking customers to return. But spooked Americans are moving billions out of smaller banks and into Wall Street giants.

Wed, 03/15/2023 - 12:51

Silicon Valley Bank customers wait in line at SVBs headquarters in Santa Clara, California on March 13, 2023. — Many depositors moved their funds out of Silicon Valley Bank over the last few days.
Noah Berger/AFP

News, finance, Markets, Banking, Silicon Valley Bank, Signature Bank, Bank Run

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