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Citigroup says CEO's sweeping reorganization complete: Citigroup said on Monday a sweeping reorganization aimed at simplifying the most global Wall Street bank ...
reuters.com/business/finance/citigroup-says-reorganization-has-concluded-2024-03-25/
Citigroup says CEO's sweeping reorganization complete
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Stock market outlook: Bull-market could push S&P 500 34% higher by 2026: Bank of America strategists said the current bull market in stocks could stretch last ...
markets.businessinsider.com/news/stocks/stock-market-outlook-secular-bull-rally-sp500-target-bofa-2024-3
Stock market outlook: Bull-market could push S&P 500 34% higher by 2026
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Boeing needs "drastic cultural overhaul," analyst says: Boeing will once again reset its leadership in the wake of safety issues.
axios.com/2024/03/25/boeing-ceo-calhoun-culture-change
Boeing needs "drastic cultural overhaul," analyst says
Quick Glance: Implications of Boeing CEO's Resignation on Aircraft Manufacturer
  • Dave Calhoun, the CEO of Boeing, is set to resign by the end of the year, with additional top executives leaving the company amidst safety concerns tarnishing its reputation following an incident involving an Alaska Airlines 737 Max in January.

  • It is emphasized that most Boeing aircraft remain safe, but only time will reveal whether the restructuring in the corporate leadership leads to tangible positive changes.

  • Implementing a cultural shift in a vast company like Boeing can prove to be a complex task, particularly for the incoming CEO tasked with rebuilding the company's image.

  • Despite thorough investigations and changes at the helm of Boeing, it is crucial to highlight that the company's airplanes are safe and continue to be maintained by dedicated professionals to ensure safety in the aviation industry.
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Citi lays off 10 research staff in Asia Pacific as part of global revamp, sources say
reuters.com/business/finance/citi-lays-off-10-research-staff-asia-pacific-part-global-revamp-sources-say-2024-03-27/
Citi lays off 10 research staff in Asia Pacific as part of global revamp ...
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Interest rate 2024 outlook: Goldman says 3 rate cuts amid inflation: "Our inflation path for the rest of the year is now in a range where small surprises could ...
businessinsider.com/interest-rate-2024-outlook-three-rate-cuts-inflation-goldman-sachs-2024-3
Interest rate 2024 outlook: Goldman says 3 rate cuts amid inflation
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
  • The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.

  • Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.

  • Cost of living is increasing while wage growth is outpacing inflation.

  • Housing costs are rising faster, putting pressure on renters and homeowners.
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UAE: Lulu appoints banks for $2 billion IPO in second half of year - News | Khaleej Times
khaleejtimes.com/business/markets/uae-lulu-appoints-banks-for-2-billion-ipo-in-second-half-of-year
UAE: Lulu appoints banks for $2 billion IPO in second half of year - News ...
Quick Glance: LuLu Plans Billion-Dollar IPO in Abu Dhabi and Riyadh
  • LuLu Group International has appointed banks for one of the largest IPOs in the Middle East this year.

  • The company could raise up to $2 billion and is planning a listing in Abu Dhabi in the second half of the year.

  • A dual listing in Riyadh is also being considered, with representatives of the involved banks and LuLu declining to comment.

  • LuLu was valued at over $5 billion in 2020 and was founded by Yusuff Ali in the early 1990s.
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Goldman Sachs Raises $700 Million to Co-Invest With Hedge Funds: The asset management arm of Goldman Sachs Group Inc. has raised about $700 million for a new ...
bloomberg.com/news/articles/2024-03-21/goldman-sachs-raises-700-million-to-co-invest-with-hedge-funds
Goldman Sachs Raises $700 Million to Co-Invest With Hedge Funds
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Citi (C) Pays New Wealth Head Andy Sieg $11.3 Million for First Quarter at Bank: Citigroup Inc. paid new wealth management chief Andy Sieg $11 ...
bloomberg.com/news/articles/2024-03-19/citi-pays-new-wealth-head-sieg-11-3-million-for-first-3-months
Citi (C) Pays New Wealth Head Andy Sieg $11.3 Million for First Quarter at ...
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Goldman Sachs analysts say there’s still potential for more stock gains: It’s been a bumpy road for the stock market this year, but investors aren’t complaining.
cnn.com/2024/03/24/investing/401k-sp-500-markets-goldman-boost/
Goldman Sachs analysts say there’s still potential for more stock gains
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The US economy is nowhere near a recession, Goldman Sachs’ top economist says: The soft landing that once looked nearly impossible for the Federal Reserve to ...
cnn.com/2024/03/20/business/recession-fed-economy-goldman-sachs/
The US economy is nowhere near a recession, Goldman Sachs’ top economist ...
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Top Wall Street analysts like these dividend stocks for portfolio income: TipRanks' analyst ranking service highlights Wall Street's best-performing stocks ...
cnbc.com/2024/03/24/top-wall-street-analysts-like-these-dividend-stocks-for-portfolio-income.html
Top Wall Street analysts like these dividend stocks for portfolio income
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The Bank of Japan just made a historic rate pivot. Here's what could happen next: The decision Tuesday sparked a sharp selloff in the Japanese yen ...
cnbc.com/2024/03/19/boj-bank-of-japan-historic-pivot-interest-rate-hike.html
The Bank of Japan just made a historic rate pivot. Here's what could ...
Quick Glance: Fate of BOJ's Stimulus Tools Revealed
  • The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.

  • The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.

  • Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.

  • The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
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Hertz CEO Stephen Scherr resigns after big bet on EVs goes bust: Hertz, one of the four largest car rental companies in the world, is replacing its CEO after the ...
foxbusiness.com/lifestyle/hertz-ceo-stephen-scherr-resigns-ev-push-goes-bust
Hertz CEO Stephen Scherr resigns after big bet on EVs goes bust
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WSJ News Exclusive | Women Aren’t Getting the Big Jobs at Goldman Sachs, and They’re Heading for the Exits
wsj.com/finance/investing/goldman-sachs-women-big-jobs-leaving-09112f6a
WSJ News Exclusive | Women Aren’t Getting the Big Jobs at Goldman Sachs ...
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10 bank stocks to buy before the Federal Reserve cuts rates: BofA: Bank stocks have crushed the market in 2024. Here are 10 stocks worth investing in before the ...
businessinsider.com/bank-stocks-to-buy-interest-rate-cuts-federal-reserve-bofa-2024-3
10 bank stocks to buy before the Federal Reserve cuts rates: BofA
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Goldman Sachs (GS) Explores $3.8 Billion B&B Hotels Sale: Goldman Sachs Group Inc.’s private equity arm is exploring a sale of B&B Hotels in a potential deal ...
bloomberg.com/news/articles/2024-03-25/goldman-sachs-said-to-mull-3-5-billion-sale-of-b-b-hotels-chain
Goldman Sachs (GS) Explores $3.8 Billion B&B Hotels Sale