Bank of America Will be Biggest Winner from Main Street Banking Boom: Analyst
Main Street banking is poised to see the best growth since the 1980s, and Bank of America (BAC) will be the biggest winner.
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Robinhood Readies Feature That Lets Users Lend Out Stocks
Robinhood Markets Inc.’s plan to let users loan out their stocks to other financial institutions -- a program known as fully paid securities lending.
Trafigura Seeks Funding as Commodity Surge Triggers Margin Calls - Bloomberg News
Global commodities trader Trafigura Group has been holding talks with private equity groups to secure additional financing.
Citadel Securities Opens Up After Record $7 Billion Windfall
In 2021 Citadel Securities LP was thrust in spotlight w/ day traders, lawmakers, regulators. Amid uproar, the financial giant had its best year ever.
Credit Suisse CEO Details Tens of Billions Managed for Russian Clients
A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business there.
Musk Says Tesla, SpaceX Face 'Significant' Inflationary Pressure
Tesla CEO Elon Musk said U.S. electric carmaker and his rocket company SpaceX facing significant inflationary pressure in raw materials and logistics.
Major Luxury Brands Walk Away From the Lucrative Russian Market
The list of companies around the world cutting business ties with Russia continues to grow.
