Fed, ECB May Slash Bank Reserves by 90% in New Era of High Rates - Paper
The Federal Reserve and the European Central Bank may mop up as much as 90% of the money they pumped into banks over the last decade.
US Curve Inversion Deepens to One Percentage Point After Powell
Bond investors’ concern over potential US recession deepened after Fed Chair Jerome Powell signaled policymakers may push interest rates higher.
After $29 Billion Wipeout, Star Invesco Investor Plots Comeback
Minutes into interview, Justin Leverenz, the star emerging-market stock investor at Invesco, starts comparing himself to Odysseus.
UBS’s Wealth Assets Risk $150 Billion Drop on Credit Suisse Merger, JPMorgan Says
UBS Group AG may see a $150 billion decline in its wealth-management client assets following the acquisition of Credit Suisse Group AG.
JPMorgan’s Kolanovic Sees US Stocks Struggling Without Fed Cut
US equities in for tumultuous second half of year as lagging impacts of aggressive monetary tightening by the Fed catch up to the economy.