Pictet Bets Markets Are Wrong on the Timing of Fed Rate Cuts
One of Europe’s biggest asset managers is betting markets are wrong to expect the Federal Reserve to cut interest rates this year.
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House Democrats Attempt Desperate Maneuver Around GOP to Raise Debt Ceiling
House Dems launched maneuver to raise US debt ceiling without conditions submitting discharge petition that would need the backing of at least 5 GOP.
FINRA Expels SW Financial, Suspends Owner and CEO
Firm Made Misrepresentations to Customers and Violated Reg BI as well as FINRA’s Suitability and Supervision Rules
More Than 1M Tax Returns Flagged for Potential Identity Fraud: IRS
More than 1 million tax returns have been flagged for potential identity fraud with more than $6 billion in refunds requiring additional review.
US Chamber of Commerce Sues Securities Regulator Over New Share Buyback Rule
A powerful U.S. business lobby group sued the SEC on Friday over a new regulation requiring publicly traded companies to disclose more information.
Remarks by Secretary of the Treasury Janet L. Yellen at Independent Community Bankers of America (ICBA) 2023 Capital Summit
As Prepared for Delivery - Good morning, everyone. It’s great to be back at ICBA. And it’s wonderful to see so many familiar faces.
Senators Blast Former SVB Chief Over Bonuses, Stock Sales
Senators condemned former Silicon Valley Bank (SVB) CEO Greg Becker for dishing out bonuses and selling stock in the bank shortly before its collapse.
