[ad_1] Gains across a swath of stocks on Monday offset declines in big technology shares, keeping major indexes steady ahead of coming inflation data. Monday extended a recent trend: Since…
Tag: wall street
Rainer Gut, Who Built Credit Suisse Into Global Bank, Dies at 91
[ad_1] Rainer Gut, who engineered the mergers and acquisitions that transformed Switzerland’s Credit Suisse Group AG into a giant global investment bank, one that proved difficult for subsequent generations of…
Goldman Used to Be a Dream, Now It’s Just a Bank
[ad_1] This is Bloomberg Opinion Today, a crucial component of the food chain of Bloomberg Opinion’s opinions. Sign up here . Sometimes I wonder what it would be like to…
Hong Kong’s Stock Slump Triggers Wave of Brokerage Closures
[ad_1] A historic slump in Hong Kong’s $4.6 trillion stock market is rippling through the city’s financial industry. Thirty local brokerages have closed down this year, after a record 49…
Wall Street Bosses See Financial Dangers Everywhere
[ad_1] Fragile markets, shadow lenders, international tensions and too many wars — global bankers gathering in Hong Kong were meant to discuss how they’re adapting to the financial world’s “complexity”…
Tech Shares Power Stock Market Higher
[ad_1] Stocks resumed their climb Thursday, led by the shares of big technology companies that have powered the market for much of the year. The S&P 500 was up 0.8%,…
Bond Yields Tumble, Stocks Retreat
[ad_1] A rally in Treasurys intensified Wednesday, dragging yields on 10-year notes to the lowest level since August, while stocks turned lower. Major indexes wavered between small gains and losses…