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April 15, 2021

Street

Citigroup is set to report first-quarter earnings — here’s what the Street expects

CNBC
CNBC – For more and to sign up click here Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report......

Bank of America tops estimates on Wall Street trading and banking, release of loan-loss reserves

CNBC
CNBC – For more and to sign up click here Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America reported on Thursday profit that topped Wall Street estimates on booming investment banking and trading results, as well as the release of loan loss reserves as fewer......

JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects

CNBC
CNBC – For more and to sign up click here JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell on Wednesday.......

Jay-Z, Diddy and Nas endorse Wall Street exec Ray McGuire for NYC mayor

TheHill
USA TODAY – For more and to sign up click here Aris Folley Democrat Ray McGuire, a former top executive at Citigroup, has notched endorsements from Jay-Z, Nas and Diddy for his New York City mayoral run. The three musicians made the endorsement in a video released by McGuire’s campaign......

Pelosi says she would have put up a fight against Capitol mob: ‘I’m a street fighter’

TheHill
USA TODAY – For more and to sign up click here Sarah Polus House Speaker Nancy PelosiNancy PelosiAgainst mounting odds, Biden seeks GOP support for infrastructure plan Charles Booker launches exploratory committee to consider challenge to Rand Paul Top academics slam Puerto Rico Self-Determination Act MORE (D-Calif.) says in a......

Coinbase is unlike any market debut Wall Street has ever seen

CNBC
CNBC – For more and to sign up click here Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should be valued, and you’ll likely get 10 different answers. That’s because Coinbase’s current business......

Actor Hill Harper launches The Black Wall Street platform aimed at empowering investors of color

CNBC
CNBC – For more and to sign up click here Hill Harper attends the Netflix Golden Globe Weekend Cocktail Party at Cecconi’s Restaurant on Jan. 4, 2020, in Los Angeles, California. Charley Gallay | Getty Images Nearly a century after Black Wall Street — a center of Black business in......

Oxford Street: Wooing shoppers back to Europe’s busiest high street

BBC
https://www.bbc.co.uk/news/uk-england-london-56577479 By comparison, the only shop boarded up on Regent Street is US fashion store J Crew, which closed before the pandemic. On Bond Street there are a few boarded-up stores but at the place where it connects with Oxford Street – the luxury end, full of fashion brands such......

Wall Street Week Ahead: With stocks at record highs, investors look to upcoming earnings

Reuters
NEW YORK (Reuters) – Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and as investors look for reasons to support a stock market at record highs. FILE PHOTO: A sign for the Wall Street......

How JPMorgan increased the number of Black interns in its Wall Street program by nearly two-thirds

CNBC
CNBC – For more and to sign up click here JPMorgan building in New York. Scott Mlyn | CNBC JPMorgan Chase boosted the number of Black and female college students selected for investment bank internships by leaning on technology platforms that help the firm broaden out its campus recruiting efforts,......

NYC’s street homeless need straight, tough love — not virtue signaling

NYPost
Stephen Eide Homeless advocates hold fast to the belief that government fails because it doesn’t listen enough to what the homeless themselves say they need. Yet a new report by the Coalition for the Homeless shows why that makes no sense. Even if officials in the Big Apple commit to......

Wall Street awaits Biden infrastructure plan, but it may not be ready for the new taxes

CNBC
CNBC – For more and to sign up click here President Joe Biden takes questions as he holds his first formal news conference in the East Room of the White House in Washington, U.S., March 25, 2021. Leah Millis | Reuters Wall Street is awaiting details of President Joe Biden’s......

As Wall Street reels, Archegos’ fire sale raises big questions about regulation

CNBC
CNBC – For more and to sign up click here American flags hang from the facade of the New York Stock Exchange (NYSE) building in New York January 28, 2021. Mike Segar | Reuters The diverging fortunes of major banks in the fallout from the Archegos Capital Management meltdown raises......

Meet Bill Hwang, the man behind Archegos, the fund that sent shockwaves through Wall Street

CNBC
CNBC – For more and to sign up click here A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility in the broader market. Archegos Capital Management’s leveraged bets in ViacomCBS blew up and ignited......

The Start-Up Enemies of Wall Street Are Booming

New York Times
“The infrastructure has gone to a whole other level,” said CJ MacDonald, founder of Step, a debit card provider aimed at teenagers. Introduced in September, Step quickly reached one million customers, partly from endorsements from social media influencers like Charli D’Amelio. In December, Step raised $50 million in funding. The......

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