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Morgan Stanley revenue tops estimates, helped by strong investment banking business

Morgan Stanley reported fourth-quarter earnings before the bell Tuesday that were lower than a year ago.

Trump is a 'transactional president' but may not rock the boat on China, Standard Chartered CEO says

Trump would be "transactional" if he returns to power but is unlikely to blow up Biden's rebuilding of relations with China, says StanChart's Bill Winters.

China's premier tells Davos that innovation shouldn't be used to restrict other nations

Chinese Premier Li Qiang was speaking Tuesday at the World Economic Forum in Davos, Switzerland.

Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expects

Hope is building that Goldman Sachs can turn a corner after pivoting away from CEO David Solomon's failed consumer banking efforts.

'Very good chance' that U.S. passes stablecoin laws this year, Circle CEO says

Circle CEO Jeremy Allaire said that 2024 is likely the year that the U.S. passes concrete laws for the $135.3 billion stablecoin market.

Why spot ETFs may be a game changer for bitcoin

The SEC's approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency investing.

Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.

Deflation: Here’s where prices fell in December 2023, in one chart

Prices have declined over the past year in consumer categories like physical goods, groceries and energy, according to the consumer price index.

Bill Ackman is creating an activist organization to fight antisemitism, reform higher education

"It's going to be a 'think-and-do tank.' It's going to be an activist," Ackman said in an interview with CNBC's Andrew Ross Sorkin on "Squawk Box."

Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge

Bank of America's net income fell to $3.1 billion in the fourth quarter, from $7.1 billion a year ago.

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.

BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion

BlackRock, the world's biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock.
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