Citi Beats Estimates With Trading Revenue, Pauses Buybacks
Citigroup spent much of the quarter whittling its exposure to Russia as President Vladimir Putin pressed on with the invasion.
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Dimon Wary But Consumers Holding Up: No Recession Yet
Geopolitical tension is a drag but the U.S. economy continues to grow as both the job market and consumer spending remain healthy, JPM boss says.
Calamos Investments Hires Invesco Executive Jessica Fernandez as Chief Marketing Officer
Calamos Investments, a global investment management firm, announced today the hiring of Jessica Fernandez as Chief Marketing Officer.
Markets Plan Doomsday Scenarios If Russia Turns Off the Gas
European stocks plunging 20%. Junk credit spreads widening past 2020 crisis levels. The euro sinking to just 90 cents.
Bill Ackman to Wind Up SPAC, Return $4 Billion to Investors
Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum.
Gas: ‘I Expect to See Lower Pump Prices Over the Next Month or So’, Analyst Says
Gas prices have started to slowly decline thanks to decreasing oil prices, and one analyst is expecting that trend to continue.
Oil Sell-Off: 'We Believe This Move Has Overshot,' Goldman Sachs Says
The violent sell-off in oil prices amid recession fears may prove short-lived, according to Goldman Sachs.
