World Bank kicks off FY25 with $2.7b in sustainable bonds tied to SOFR rate
The World Bank initiated its fiscal year 2025 US Dollar Benchmark Programme by pricing two Sustainable Development…
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Wells Fargo
Morgan Stanley enters bond market post Q1 revenues announcement
Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
Goldman plans to expand credit portfolio to $300b
Goldman Sachs Asset Management, a unit of Goldman Sachs Group, plans to grow its private credit portfolio to $300…
Climate protestors accuse U.S. banks of being climate criminals
Climate protestors have called out US banks for investing in fossil fuel, by spray painting graffiti on Citigroup…
Bank of America’s earnings increase, exceeding expectations
Bank of America (BofA) has reported on Tuesday a 15 percent increase in its first quarter profits, exceeding…
US banks save up reserves after First Republic Bank rescue
JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
Major US firms seek other funding methods with rate incline
Highly rated US companies started issuing bonds that convert to shares as a way to raise more money this year,…
Dollar could be about to hit an inflection point: Wells Fargo
The U.S. dollar index has dropped by around 9 percent since the start of the year but that could be about to…
S&P 500 ends at record, topping June high, on bets for a strong earnings season
U.S. stocks surged to record levels on Friday as earnings season kicked off. The S&P climbed 0.6 percent to…
