[ad_1] The major averages (^DJI, ^IXIC, ^GSPC) are on track for their seventh straight week of gains. Investors were encouraged this week after the Federal Reserve signaled it could be…
Tag: Muni
Citi Shuts Muni Business That Once Was Envy of Rivals
[ad_1] Citigroup Inc. will shutter its municipal business, one of the most dramatic moves yet by Chief Executive Officer Jane Fraser as she seeks to squeeze better returns out of…
Citi bankers leave for Jefferies as municipal banking department in turmoil -Bloomberg News
[ad_1] General view of Jefferies Financial Group offices in Manhattan, New York City, U.S., December 8, 2021. REUTERS/Eduardo Munoz/File Photo Acquire Licensing Rights Nov 27 (Reuters) – A team of…
Citi weighs shutting municipal-bond trading business – Bloomberg News
[ad_1] The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo…
US mulls pushing banks to curb leveraged trading by hedge funds – Bloomberg News
[ad_1] Oct 19 (Reuters) – Top U.S. regulators are zeroing in on dangers posed by highly leveraged hedge fund trades, and considering options to rein in risks to the broader…
Wall St bonuses may drop 16% as higher rates threaten businesses – NY Comptroller
[ad_1] [1/2]The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File…
Muni Funds That Use Borrowed Money Take a Big Hit
[ad_1] Closed-end municipal-bond funds have been particularly hard-hit by rising interest rates. Some are suffering their worst stretch since the financial crisis. [ad_2] Source link
Tunisia’s president wants central bank to be able to finance budget directly
[ad_1] [1/2]People walk out of the Central Bank in Tunis, Tunisia, March 8, 2018. REUTERS/Zoubeir Souissi Acquire Licensing Rights TUNIS, Sept 8 (Reuters) – Tunisian President Kais Saied said on…
How Did Things Go So Wrong at This Arizona Park Built With Muni Bonds?
[ad_1] The sports arena opened just last year. Bonds that built it recently traded at roughly 10 cents on the dollar. [ad_2] Source link
France, Germany say international tax talks in home stretch
[ad_1] French Economy Minister Bruno Le Maire and German Finance Minister Olaf Scholz hold a news conference after a Euro zone finance ministers meeting in Brussels, Belgium November 19, 2018.…