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Wall Street banks sell $5.5B of X loans
Banks sell down $5.5 billion of Musk's X debt to investors, source says
Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal.
Banks Sell $5.5 Billion of X Loans After Investor Interest Surges
X CEO tells investors that the financial health of social-media company is improving.
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site formerly known as Twitter.
Fed ends climate stress tests for major US banks
Fed Tells Banks They Won’t Need to Do Climate Stress Tests
The Federal Reserve has told Wall Street banks that they won’t need to submit data for climate stress tests, according to people familiar with the matter.
Fed ending bank climate stress test program, Bloomberg reports
The Federal Reserve is ending its program that requires the largest U.S. banks to submit data for climate stress tests, Bloomberg’s Alastair
Fed closes climate program, ending stress-test burden for banks
Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.
2h
Banks teacher’s alleged sex abuse of ‘nearly 20 people’ spans over 2 decades
GROVE, Okla. — A Grove teenager told police he built a toilet paper fort over a dog bed and spent a couple of nights there ...
11h
US banks raise equity to jumpstart deals, bolster balance sheets
U.S. regional banks are capitalizing on improving investor sentiment by raising billions of dollars in equity to pursue deals ...
1d
America’s Best Banks 2025: Small Banks Shine Amid Wall Street’s Behemoths
From North Carolina to Alaska, the top 10 banks on Forbes’ ranking of 100 publicly traded banks are all relatively tiny ...
2d
on MSN
Fact check: Trump falsely claims Canada prohibits US banks
President Donald Trump put a month-long pause on his planned tariffs on Canadian imports. Earlier in the day, though, he ...
3h
on MSN
Banks High math teacher faces new sex crime allegations from 2009
Wymon Smith, a math teacher a ccused of sexually abusing a student at Banks High School, was arrested again Thursday after ...
1d
on MSN
US Senate panel investigates whether banks, regulators deny services on political grounds
U.S. banks and their regulators were scrutinized on Wednesday by lawmakers as they examined claims that they deny services to ...
15h
on MSN
ArcelorMittal Banks on Improved Steel Demand After Booking Narrowed Net Loss
The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional ...
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