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Month: October 2023
Independent Directors of Terran Orbital Publish Letter to Shareholders
[#item_full_content]BOCA RATON, Fla.–(BUSINESS WIRE)–Today, the independent directors of the Board of Directors of Terran Orbital Corporation…
Big banks are quietly cutting thousands of employees, and more layoffs are coming
[#item_full_content]Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising…
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
[#item_full_content]Global fintech giant Airwallex said it has acquired MexPago, a rival payments company based out of…
Bank of America tops profit estimates on better-than-expected interest income
[#item_full_content]Bank of America was supposed to be one of the big beneficiaries of higher interest rates.…
Morgan Stanley shares fall over 6% as wealth management results disappoint
[#item_full_content]Morgan Stanley shares fell even as the bank posted better-than-expected profits.
Citigroup reports better-than-expected revenue for the third quarter
[#item_full_content]Friday’s report is the first major update since Citigroup announced a new corporate structure in September.
Wells Fargo shares rise after third-quarter results top Wall Street expectations
[#item_full_content]Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher…
JPMorgan Chase tops profit expectations on higher rates, benign credit
[#item_full_content]CEO Jamie Dimon acknowledged the bank was “over-earning” on net interest income and “below normal” credit…
Big banks are quietly cutting thousands of employees, and more layoffs are coming
[#item_full_content]Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising…
JPMorgan Chase tops profit expectations on higher rates, benign credit
[#item_full_content]CEO Jamie Dimon acknowledged the bank was “over-earning” on net interest income and “below normal” credit…