China Driving Dollar More Than Fed Hikes, BofA Strategists Say
Much of the focus in currency markets right now is how the prospect of slowing Federal Reserve rate hikes has helped fuel dollar weakness.
Recent
Goldman Says Investors Are Turning to Non-US Stocks
Equities kicking off 2023 with dramatic reversal in trends, investors flocking to non-US assets, according to Goldman Sachs Group Inc. strategists.
As Layoffs Ripple Across Wall Street, Some Banks Stay in 'Hiring Mode'
Goldman Sachs and Morgan Stanley have laid off thousands of workers in the past two months. JPMorgan, BofA, and Citi have no plans to cut jobs.
Wall Street Dealers Become Bit Players in US Bond Sales
Wall Street bond dealers moving rapidly to sidelines of US Treasury auctions, activity that defines status at heart of world’s biggest bond market.
Vanguard Gets Extra ETF Billions After Largely Shunning ESG
Vanguard Group, quit world’s biggest climate-finance alliance in December, was only major ETF provider to post increase in European assets last year.
Wall Street’s Lucrative Leveraged-Debt Machine Is Breaking Down
One of the most lucrative money-making machines in the world of finance is all clogged up, threatening a year of pain for Wall Street banks.
Microsoft Says It Will Give US Workers Unlimited Time Off
Microsoft Corp. said it is shifting vacation policy to give US workers unlimited time off, matching a system already in place at its LinkedIn unit.
