Friday Headlines: Cities under pressure as CRE prices fall
New York Times: Cities Face Cutbacks as Commercial Real Estate Prices Tumble CNBC.com: Morgan Stanley names a head of artificial intelligence as Wall Street leans into…
New York Times: Cities Face Cutbacks as Commercial Real Estate Prices Tumble CNBC.com: Morgan Stanley names a head of artificial intelligence as Wall Street leans into…
CNBC.com: Dimon endorses Disney’s Iger in proxy fight with Peltz’s Trian Partners Wall Street Journal: Women Aren’t Getting the Big Jobs at Goldman, and They’re Heading…
A REGULATOR SPEAKS: A large-bank CEO recently met with Adrienne Harris, who leads the New York State Department of Financial Services, and asked her about her…
CNBC.com: Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly Financial Times: How M&A boutique Evercore became ‘Goldman North’ Bloomberg: US 30-Year Mortgage Rate Drops…
Bloomberg: Dimon Warns US Recession ‘Not Off the Table’ Yet Wall Street Journal: Life at Regional and Small Banks, One Year After SVB Failed Financial Times:…
MISBEGOTTEN: Drumroll, please—and let the unintended consequences begin! NEW CFPB RULE CAPS BANKS’CREDIT CARD LATE FEES AT $8 The Consumer Financial Protection Bureau unveiled a new rule on…
Financial Times: Dealmaking slowdown leaves private equity with record unsold assets Bloomberg: A Year Later, Lessons From Silicon Valley Bank’s Epic Collapse New York Times: One…
CNBC.com: Powell says the Fed is ‘not far’ from the point of cutting interest rates Wall Street Journal: NYCB Slashes Dividend Amid Broader Overhaul Financial Times:…
READY TO SPEND: Inasmuch as one of corporate America’s favorite things to do with its spare cash is to use it to fund share repurchases, I am very…
Financial Times: Fed likely to make ‘material’ changes to controversial bank capital proposals, Powell says Bloomberg: NYCB Raises More Than $1 Billion in Equity Led by…