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Charles Schwab Sinks After Vowing to Shrink Bank Over Time
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Charles Schwab Corp. shares suffered their biggest intraday drop since the depths of...
Coal More Profitable to Burn in Germany as Carbon Costs Decline
Financial Post· 2 days ago“Carbon cost is key to determining lignite power plants’ competitiveness, much more so than it does for natural gas and hard coal power plants,” Citigroup Inc< ...
‘We Are Back’: Equity Trading Crushes Estimates for Big US Banks
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Equities traders across Wall Street’s biggest banks pulled off a clean sweep of...
Gold nears record high as traders ramp up bets on Fed rate pivot
Detroit News· 2 days agoGold edged closer to an all-time high as expectations for Federal Reserve rate cuts grow and some...
Copper Market’s Biggest Whale Fuels Speculation of a Major Shift
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- For months, as copper spiked to record levels and then fell back down again, one key...
Hugo Boss Plunges After Slashing Outlook on China, UK Demand
The Business of Fashion· 2 days agoIt’s a blow to the brand’s revamp led by CEO Daniel Grieder, and is the first time the company —...
Gold Nears Record High as Traders Ramp Up Bets on Fed Rate Pivot
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Gold edged closer to an all-time high as expectations for Federal Reserve rate cuts...
UK Two-Year Bond Yield Falls Below 4% as Market Eyes BOE Cuts
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- UK government debt rallied, driving the two-year yield below 4% for the first time...
Family Offices Snub Hedge Funds for Quant Bets, Citi Banker Says
Bloomberg· 2 days agoFamily offices with at least $1 billion in assets are increasingly choosing quantitative trading...
Citigroup Hires Four for Its North America Leveraged-Loans Desk
Bloomberg· 2 days agoCitigroup Inc. hired four people to expand its leveraged-credit sales and trading team in North...