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Related Special Reports
...Rohit Chopra, director of the Consumer Financial Protection Bureau, warned about the effects of large deals on competition and financial stability....
...Citic, CSC Financial, CICC, Huatai and Guotai Junan did not respond to requests for comment....
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...The silver lining, in GS’s view, is that the banking sector is better equipped to deal with an office-price collapse than it was the home-price collapse before the global financial crisis: In our view,...
...Given our expectation for a strong performance of financial assets, boosted by robust economic growth and likely Fed easing, we expect further improvement in funded status, and continued purchases from this...
...But they add that as long as rates stay above at zero, there will probably be more rates volatility than there was between the end of the global financial crisis and Covid....
...In a Tuesday note about the CPI report, GS’s Jan Hatzius wrote that the surprising strength in owners’ equivalent rent could signal the housing market is rebounding now that mortgage rates are lower: ....
FDIC board postpones votes on rival proposals that have alarmed the fund management industry
...The bank expects three 25bp cuts this year and 100bp of cuts next year: Financial markets, in our view, are pricing in a policy error....
...Thanks to deterioration in property-level financial performance, only about 25 per cent of conduit and single asset/single borrower CMBS loans will be able to refinance in the next two years, GS found....
...Anyway, you can read the full GS report here. It goes a lot more in depth into all the various issues....
US manager known for aggressive approach bets markets are too pessimistic about potential losses on utility’s debt
...McKernan told the Financial Times he wants to monitor compliance with those “passivity letters” by asset managers....
...The study is based on 13-F filings and supplemented with data from GS’s prime brokerage desk....
...In debt financing, default rates are a guiding metric for investors, measuring how often a financial obligation is unmet....
...Spac Saviour A Spac deal involving Donald Trump’s social media platform Truth Social could provide the former US president with a financial lifeline to pay a $454mn penalty, the New York Times writes....
...“Students in GS feel like a doormat. They provide diversity but do not have the same standing.”...
...GS’s estimates for interest-rate cuts in the EU and UK were slightly more cautious in Hatzius’ note....
‘When honey is not honey’
...The US Financial Industry Regulatory Authority hit two Stifel broker-dealer divisions with $2.3mn in fines and restitution over unsuitable recommendations on leveraged exchange traded products....
...But GS points out that most of the bank-reserve shrinkage happened last year....
...Retail, construction, tech, manufacturing and financial services all saw payrolls growth....
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...GS make the point that index concentration is an increasingly big deal not only because: 1....
...TMTG became a publicly listed company after merging with a cash-rich Spac called Digital World Acquisition Corp, several of whose founders have taken legal action....
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