Robinhood Rolls Out Contracts To Bet On US Presidential Election
Robinhood said it will allow trading in U.S. presidential election event contracts, as it seeks to capitalize on growing retail demand for betting.
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Big Tech Stocks Lose Some Of Their Aura As Earnings Growth Slows
Slowing profit growth is removing some of the invincibility surrounding the stock market’s technology giants as they prepare to report earnings.
Morgan Stanley Lowers Climate Target, Warns On Sluggish Transition
Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio.
Citigroup Offering Enhanced Deals To Attract Seasoned Financial Advisors
Citigroup is bolstering its recruitment strategy, offering enhanced deals to attract seasoned financial advisors to its wealth management sector.
Wells Fargo May Lose Up To $3 Billion On Its Office Building Loans
Wells Fargo CEO Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate loan portfolio.
George Weiss Hedge Fund In Talks With Jefferies To Settle Suit
Bankrupt hedge fund Weiss Multi-Strategy Advisers LLC and its largest creditor, Jefferies Financial Group, are discussing a potential settlement.
Morgan Stanley Board Names CEO Ted Pick Its Chair
Morgan Stanley CEO Ted Pick would be its next chair succeeding James Gorman, who has been tapped to head the board at Walt Disney.
