Banking

JPMorgan Invests in Perpetua to Secure U.S. Antimony Supply
Banking JPMorgan Invests in Perpetua to Secure U.S. Antimony Supply

In a world increasingly shaped by geopolitical tensions and supply chain vulnerabilities, the United States faces a pressing challenge in securing critical minerals essential for national defense and industrial growth. Antimony, a lesser-known but vital metal used in everything from military

Why Are Bond Investors Avoiding Longer Treasuries Now?
Banking Why Are Bond Investors Avoiding Longer Treasuries Now?

In the dynamic realm of fixed income investments, a striking trend has captured the attention of market participants: bond investors are increasingly shying away from longer-dated U.S. Treasuries despite signals of potential Federal Reserve (Fed) interest rate cuts. This behavior defies traditional

Why Is JP Morgan So Bullish on Gold Prices Through 2028?
Banking Why Is JP Morgan So Bullish on Gold Prices Through 2028?

Gold, often seen as the ultimate safe-haven asset, has captured the attention of global markets with staggering price projections that signal a transformative era for commodities. Analysts at a leading financial institution have forecasted gold prices to average $5,055 per ounce by the fourth

Lloyds Cuts Guidance Amid Motor Finance Scandal Fallout
Banking Lloyds Cuts Guidance Amid Motor Finance Scandal Fallout

In a striking turn of events, Lloyds Banking Group, Britain's largest mortgage lender, has reported a staggering 36% drop in pretax profit for the third quarter, plummeting to 1.17 billion pounds, driven by an 800-million-pound provision for a motor finance scandal. This sharp decline has not only

How Did Lazard's Dealmaking Revival Boost Profits?
Banking How Did Lazard's Dealmaking Revival Boost Profits?

In the high-stakes world of investment banking, where giants often dominate the headlines, a mid-sized player has just pulled off a stunning coup. Lazard Ltd., long respected but rarely the loudest name on Wall Street, shattered expectations with a record-breaking third-quarter performance. With

Smart Saving by Households Deepens Economic Downturns
Banking Smart Saving by Households Deepens Economic Downturns

In times of economic uncertainty, households often adopt a cautious approach, meticulously searching for savings accounts with the highest interest rates to safeguard their limited resources and build a financial buffer against hardship. This seemingly sensible strategy, while beneficial for

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