Barclays CEO detects early signs of rebound in investment banking
Mergers and acquisitions are rebounding and equity capital markets are thawing, says C.S. Venkatakrishnan. That’s a welcome forecast after a persistent slump sapped investment banking revenue across the industry.
The New Jersey senator, who is a powerful member of the Banking Committee, is facing calls from fellow Democrats to resign. He was released on Wednesday after posting a $100,000 bond.
Credit unions and banks are lending more to merchants based in the Western U.S., reflecting trends reported in the Umpqua Bank 2023 Business Barometer and running against broader economic pessimism.
Sen. Raphael Warnock, D-Ga., was the only Democratic lawmaker to vote against the legislation, while three Republicans voted in favor.