Wall Street Bank of England

X, Wall Street and Bank of America

Wall Street banks to sell billions in loans given to Elon Musk for purchase of X

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.

Reuters · 2d

Wall Street banks prepare to sell up to $3 billion in X loans next week, sources say

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday.

TechCrunch on MSN · 2d

Wall Street banks plan sale of X debt at a discount

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge,

Daily Express4d

Bank of England may soon 'deliver six interest rate cuts'

The Wall Street bank street bank's views echo those ... "While it is possible that the Bank of England will slow the pace of cuts if underlying inflation fails to make progress, we ...

Yahoo Finance6d

FTSE 100 and US stocks higher as Trump holds off on tariff threat

Europe's muted moves follow wage and jobs data that could leave the Bank of England scratching ... than the $8.83bn it posted last year. Wall Street is expecting earnings per share of $4.18 ...

12don MSN

U.K. Inflation Eases in Boost to Rate-Cut Chances

Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates ...

Wall Street sinks as investors weigh China challenge to US dominance in AI. Nvidia tumbles 10%.

NEW YORK (AP) — Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence ...

21h

Wall Street Brunch: Sparks Could Fly At Fed Presser

Expect questions about Fed independence at the chairman's Q&A. Apple, Microsoft, Met and Tesla report results. Alphabet may ...

Britain’s £25bn banking problem piling pressure on Rachel Reeves

When Santander boss Ana Botin met Rachel Reeves at the annual Davos jamboree last week, the atmosphere may have been frostier ...

Gilt Yields Decline as U.K. Consumer Confidence Weakens

Gilts yields edged lower after the a consumer confidence survey showed declining confidence in the U.K., raising the possibility of more interest-rate cuts from the BOE.

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