Lingering Effects of Stringent Monetary Policies Could Lead to Corporate Defaults
Fitch Ratings anticipates an uptick in corporate defaults in both the US and the eurozone during 2024.
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Anticipating Economic Downturn, UBS Forecasts Fed Will Drastically Lower Rates
The United States is poised to experience a recession in 2024, necessitating substantial reductions in interest rates, as projected by UBS.
Gorman Gives Grade of A- For His Performance
James Gorman, reflecting on his tenure as Morgan Stanley's CEO, assigned himself an A- rating, signifying a successful but not flawless leadership.
Barry Silbert Steps Down as Grayscale Investments' Board Chair
Grayscale Bitcoin Trust said on Tuesday Barry Silbert and Mark Murphy have resigned from the board of directors.
BlackRock in Midst of Legal Defense in Suit Filed by Tennessee
BlackRock mounting robust defense against lawsuit filed by Tennessee Attorney General, who accuses the investment firm of making deceptive statements.
Citigroup to Shut Global Distressed-Debt Business - CNBC
U.S. lender Citigroup closing global distressed-debt business as part of CEO Jane Fraser's overhaul CNBC reported citing people with direct knowledge.
Vanguard Announces Senior Leadership Change
Vanguard today announced the retirement of Tom Rampulla, managing director and head of Vanguard’s Financial Advisor Services (FAS) division.
