Big Banks Predict Recession, Fed Pivot in 2023

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4 Advisors on Their Top Bond Buys Now

With bonds offering their juiciest yields in years, we queried some wealth management pros on where they see the best fixed-income opportunities now: David Rossmiller, Bessemer Trust: We like longer b...

Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls

Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...

Banks Nearing $1 Billion Settlement Over Traders’ Use of Banned Messaging Apps

WASHINGTON—Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regul...

There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?

Growing signs that price pressures are easing suggest that June’s distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see...

Prosecutors Say JPMorgan Traders Scammed Metals Markets by Spoofing

CHICAGO—JPMorgan Chase & Co.’s precious-metals traders consistently manipulated the gold and silver market over a period of seven years and lied about their conduct to regulators who investigated ...

Banks Get Burned by Risky Debt, Imperiling Buyout Activity

By Laura Cooper July 3, 2022 9:03 am ET Listen to article (2 minutes) Investment banks are facing big losses on leveraged buyouts they agreed to finance before markets soured, further chilling the out...

Yellen and Biden Wonder Why People Are Down on the Economy. Here’s the Reason.

Treasury Secretary Janet Yellen said yesterday that “it’s amazing how pessimistic” Americans are about the economy, “given that we have the strongest labor market we’ve had in the entire postwar perio...

Deutsche Bank Must Face Lawsuits Alleging It Enabled Ponzi Scheme

Judges in New York and Miami ruled that investor lawsuits could advance against Germany’s Deutsche Bank AG for allegedly ignoring warnings that it was helping finance a real-estate-linked Ponzi scheme...

C3.ai Shares Tumble as Deutsche Bank Tells Investors to Sell the Stock

Text size Dreamstime C3.ai shares are taking a beating Friday, pressured by a negative research note from Deutsche Bank analyst Patrick Colville, who cut his rating on the stock to Sell from Hold, wit...