🚨BREAKING: BANK DOWNGRADES🚨
** @SPGlobalRatings Downgrades 5 Major Regional Banks Due to High Exposures to CRE loans
– @SPGlobalRatings lowers outlook on First Commonwealth, M&T Bank, Synovus, Trustmark, & Valley National Bancorp. pic.twitter.com/EdfpKjTsFy
— The Coastal Journal (@1CoastalJournal) March 27, 2024
🚨BREAKING: BARCLAYS 📉@SPGlobalRatings lowered the long-term rating components on Barclays Capital Inc.'s
– Barclays to axe hundreds of investment bank jobs, sources say.
– Reflects tough dealmaking year
– Earlier cut 5,000 jobs in 2023 for cost-cutting. pic.twitter.com/MlXTxPsVqC
— The Coastal Journal (@1CoastalJournal) March 27, 2024
Goldman Sachs surpasses JPMorgan in Total Outstanding Derivatives, reaching $54.13 trillion notional by FY 2023.
Goldman Sachs has overtaken JPM in Total Outstanding Derivatives, reporting $54.13 Trillion notional at the end of FY 2023.
That's 104x Goldman's $521B in assets.
Here in the biz we call that leveraged to the tits. pic.twitter.com/xJXEPfz6jh
— M.B. (@741trey) March 27, 2024