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bank of america, X and Wall Street
Wall Street Banks Prepare to Sell up to $3 Billion in X Loans Next Week, Sources Say
(Reuters) -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 on Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
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.
Wall Street Banks Set to Sell $3 Billion in X Loans, 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. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
Wall Street banks set to sell billions of dollars of X loans, WSJ reports
Wall Street banks are preparing to sell a big portion of debt holdings in social media platform X, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Banks seeking to sell $3B of X debt next week, WSJ reports
Morgan Stanley (MS) bankers have reached out to investors ahead of a planned sale next week of up to $3B of X’s debt the bank and others such
2d
Why banks fail: Outgoing FDIC chief Martin Gruenberg assesses banking industry risks
By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...
2h
on MSN
Bangladesh central bank hires auditors for banks it says lost $17 billion, FT reports
Bangladesh's central bank has hired three "Big Four" accounting firms - EY, Deloitte and KPMG - to audit banks it says lost ...
2d
U.S. Banks In 2025: Modest Caution Advised Despite A Strong 2024
U.S. banking sector. Read this article to know whether the bank stocks are still worth holding after solid gains.
2d
Big banks might have to eat crypto whether they like it or not
Republicans were already getting serious about “debanking.” Now it’s an official priority of the Trump White House.
2h
Savers with high street banks earn an average of less than 1.5 per cent interest on their cash
The best easy-access savings rates on the market are above 4.5%, and the best easy-access cash Isa rates reach as high as 5%.
2d
on MSN
Ex-Deputy Mayor Phil Banks faces potential fines over late financial disclosure
Banks was required to file his 2024 financial disclosure within 60 days of his Oct. 7 resignation because he was on the ...
2d
Why banks now have the 'green light' to adopt bitcoin, crypto
President Donald Trump recently signed a cryptocurrency executive order establishing a dedicated group to regulate and ...
4h
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
The Daily Star
18h
Banks asked to furnish collateral details of Beximco
The government yesterday asked the banks that financed the embattled Beximco Group to submit information regarding the ...
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