Vilified Zero-Day Options Blamed by Traders for S&P Decline
This year’s hottest derivatives trade, and perhaps also its most divisive, stole the limelight one final time for 2023.
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Citi Strategists Warn of US Stocks Pullback But Say Buy the Dip
The rally in US stocks is showing signs of fatigue, and investors should be ready to buy into any declines, according to Citigroup Inc. strategists.
Take a Break! BNY Mellon Relaxes Year End Work Schedule.
The CEO of prestigious financial institution has recently implemented a progressive initiative for the benefit of its workforce.
Dimon’s Heir at JPMorgan Still Hazy as ‘Five More Years’ Tick By
Halfway through Jamie Dimon’s special incentive to stay five more years atop JPMorgan Chase & Co. insiders predicting more senior leadership changes.
Billionaire Reveals the Biggest Mistake Investors Make
A trusted voice on Wall Street is warning investors not to rush into the markets.
The Fed’s Shrinking Balance Sheet is Worrying a Key Corner of US Financial Markets
As markets staged monster rally following Federal Reserve’s shift toward loosening monetary policy, one corner of financial system had remain on edge.
Citigroup to Pay Bonuses for Most of 2023 to Workers Laid Off in Reorganization -Source
Citigroup will pay laid off employees bonuses based on the period they worked this year, a person familiar with the situation said on Wednesday.
