Banks Are Crashing On Bonds, But Not Because They Want To

NS economy is growing. Businesses hiring. Stocks rising. And banks are sitting on huge piles of cash. I wish there was a better place to put it. remainder supply chain issues concerns about the potential Delta variant The coronavirus’s resurgence of the economy has reduced the borrowing of businesses. and consumers flush with cash The …

Big Banks Raise Young Staff Salaries Against Burnout

Almost a day does not pass without the announcement of a major bank. a significant increase in starting salaries for its youngest employees. JPMorgan Chase, Citigroup, UBS and Morgan Stanley will now pay $100,000 to first-year bankers, while Evercore, Jefferies and Goldman Sachs will pay $110,000. In most cases, basic salaries for first-year analysts were …

Gold Star Families Accuse Big Banks of Aiding Terrorists

Anne Smedinghoff, a Foreign Service officer at the US Embassy in Kabul, was accompanying Afghan journalists on a tour. roadside bomb killed him The bomb’s design was based on manure made at two factories in Pakistan that regularly supplied a nearby Taliban bombing operation – a fact US officials announced. Factories, Fatima Fertilizers and Pakarab …

PPP loan forgiveness portal opens, but big banks give up.

The government announced a meeting on Wednesday to expedite the forgiveness of Payday Protection Program loans. online portal Small businesses that owe up to $150,000 can apply to have their loans canceled. The Small Business Administration, which runs the program, hopes the new system will streamline the process for both borrowers and the program’s approximately …