Banking/Credit
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Former Deutsche Bank chief operating officer, Kim Hammonds, dies
Kim Hammonds, who spent five years at Deutsche Bank including a stint as its chief operating officer, has died. Hammonds,…
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Coinbase bets on derivatives product to offset weakness in spot-trading business
Coinbase Global just launched a derivatives product, its latest attempt to move into a new field and offset weakness in…
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Mid-market specialist William Blair adds five senior dealmakers
Mid-market investment bank William Blair has hired five senior dealmakers to its European business, adding more firepower to its operation…
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Celsius’ customers are losing hope of seeing their money again as crypto meltdown continues
It has been three weeks since crypto lender Celsius Network took the drastic step of halting customers’ withdrawals. Many people…
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These 10 stocks in the S&P 500 lost $4.2 trillion of investors’ money during the first half of 2022
The first half of 2022 is over, and good riddance for investors: The S&P 500 Index declined 20.6%. Below are…
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The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to…
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What’s ahead for the stock market after that brutal first half of 2022 and believe it or not, gas prices have been edging down ahead of Fourth of July — here’s why
Hi, MarketWatchers. Don’t miss these top stories. ‘It could be the difference between an approval and denial’: Experian, Equifax and…
Read More » - Stocks
Big-name investors are back putting more ‘junk’ in their funds, despite the carnage in bonds
Wall Street investors specialized in buying risky forms of corporate debt to slice-and-dice into securities have added an estimated $2…
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Klarna to raise new funds at slashed $6.5 billion valuation
Klarna Bank AB is nearing a deal to raise new money at a valuation of around $6.5 billion, according to people…
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‘It could be the difference between an approval and denial’: Experian, Equifax and TransUnion remove fully-paid medical debt from credit reports on July 1. Will this help your credit score?
Paid medical debt is rolling off consumer credit reports in an overhaul that the credit bureaus say will improve people’s…
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