Financial Sector Update for 02/26/2024: KKR, JPM, C, GS, BABA
From Nasdaq:
Financial stocks on the NYSE and XLF were down, while real estate and housing indexes fluctuated. Bitcoin rose to $54,480 as US new-home sales increased in January, but fell short of expectations. Federal Reserve Bank of Dallas manufacturing index improved, while KKR and Macquarie Group target Cellnex Telecom in Poland. JPMorgan Chase’s global head of investment banking moves to Citigroup, while Goldman Sachs teams up with Mubadala Investment for a $1 billion investment account. Alibaba’s Ant Group wins bid for Credit Suisse’s investment bank in China.
Read more at Nasdaq: Financial Sector Update for 02/26/2024: KKR, JPM, C, GS, BABA