When Governor Kathy Hochul took the stage at a rally in support of Zohran Mamdani during the closing days of his New York mayoral campaign, her speech was met with
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Once the pride of Britain’s financial sector, City of London fund managers are facing a rapidly shifting investment landscape – but signs of a long-awaited resurgence are emerging. Communities of
Morgan Stanley has posted stellar third quarter results, decisively outpacing its rivals with a sharp rise in profits and revenues during a surge in US dealmaking activity. The Wall Street
Goldman Sachs’ chief executive has issued a stark warning about President Trump’s tariffs, highlighting that the escalating trade war poses “material risks” to both the US and global economies. David
Wall Street endured a turbulent trading session on Monday as investors reacted to growing concerns about a potential US economic downturn. The sell-off was triggered by uncertainty surrounding President Trump’s
A monumental error at one of America’s largest investment banks has raised fresh concerns over operational controls, as Citigroup accidentally credited a client’s account with $81 trillion instead of the
Mark Zuckerberg’s Meta has witnessed an extraordinary surge in market value, marking its longest winning streak on record with 20 consecutive daily gains. The social media behemoth’s shares have climbed
Leading American investment banks have posted exceptional fourth-quarter profits, driven by renewed optimism in the world’s largest economy, which has catalysed deal-making and stock trading activities. JPMorgan Chase emerged as
The final chapter in Bernard Madoff’s notorious Ponzi scheme has drawn to a close as victims receive their last compensation payment from a US government fund, with total reimbursements surpassing
Donald Trump’s electoral triumph has unleashed an unprecedented surge in trading activity across Wall Street’s major institutions and retail brokerages, with market participants positioning themselves for anticipated business-friendly policies under
US corporations orchestrated deals worth more than £25 billion on Monday, showcasing the most substantial surge in dealmaking confidence since Donald Trump’s electoral triumph. The day witnessed four significant transactions,
Scott Bessent, the 62-year-old billionaire hedge fund investor set to become the US Treasury secretary under president-elect Donald Trump, brings a remarkable history of market-moving prowess to one of the
The organisation’s decision primarily affects ‘in-seat promotions’, where employees traditionally receive pay increases and enhanced titles without substantial changes to their roles or responsibilities. Unit heads have recently conducted team
Bill Hwang, the once-prominent Wall Street trader and founder of Archegos Capital Management, has been sentenced to 18 years in prison following his conviction for orchestrating one of the most
Donald Trump’s social media enterprise is nearing a significant acquisition as Trump Media and Technology Group (TMTG) engages in advanced discussions to purchase cryptocurrency trading platform Bakkt from Intercontinental Exchange
US stocks surrendered their October gains as a significant tech sell-off triggered Wall Street’s most substantial daily decline in nearly two months. The S&P 500 fell 1.9 per cent whilst
