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The Latest
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Credit Suisse Said To Be Planning Management Reshuffle
The bank's leadership is reportedly planning to conduct senior management changes. 
The bank's leadership is reportedly planning to conduct senior management changes. -
Morgan Stanley Not Likely To Hit 2020 Financial Targets, CEO Warns
Morgan Stanley CEO James Gorman told investors that previously set financial targets will likely be impossible to reach given the current economic situation. 
Morgan Stanley CEO James Gorman told investors that previously set financial targets will likely be impossible to reach given the current economic situation. -
Credit Suisse Drops Out As Underwriter For WeDoctor's IPO
Credit Suisse has reportedly backed out as one of the sponsors for the $800 million Hong Kong IPO of the Tencent-backed health tech firm WeDoctor. 
Credit Suisse has reportedly backed out as one of the sponsors for the $800 million Hong Kong IPO of the Tencent-backed health tech firm WeDoctor. -
Goldman Sachs Slashes US GDP Forecast Once Again
Goldman Sachs cut its US GDP forecast for the second quarter to a 34 percent sequential decline from the 24 percent decline it had predicted earlier. 
Goldman Sachs cut its US GDP forecast for the second quarter to a 34 percent sequential decline from the 24 percent decline it had predicted earlier. -
Bank of East Asia Halts Feud With Elliott Management To Conduct Asset Review
The 101-year old family-run bank has asked Goldman Sachs to conduct a comprehensive review of its assets and to identify other possible strategic transactions. 
The 101-year old family-run bank has asked Goldman Sachs to conduct a comprehensive review of its assets and to identify other possible strategic transactions. -
Goldman Sachs Has Issued $10 Billion In Credit To Apple Card Users
Goldman revealed in its regulatory filing that it has already lent around $10 billion to Apple customers, with a standing loan balance of $736 million. 
Goldman revealed in its regulatory filing that it has already lent around $10 billion to Apple customers, with a standing loan balance of $736 million. -
US Firms’ Latest Troubles In IPOs Make Direct Listing Preferable
After the head-splitting experience of WeWork in launching its IPO, companies now prefer direct listing, spelling trouble for Wall Street. 
After the head-splitting experience of WeWork in launching its IPO, companies now prefer direct listing, spelling trouble for Wall Street. -
Saudi Aramco Names Nine Banks To Lead Its Planned IPO
Saudi Aramco has retained the same three banks that helped it with its initial IPO plans, while also adding six other banks to lead its estimated $100 billion IPOs over the next few years. 
Saudi Aramco has retained the same three banks that helped it with its initial IPO plans, while also adding six other banks to lead its estimated $100 billion IPOs over the next few years. -
Citigroup Second Quarter Earnings Beats Analysts' Estimates
Citigroup's better-than-expected second quarter earnings managed to raise investor sentiment, increasing the outlook for the upcoming reports by other major banks. 
Citigroup's better-than-expected second quarter earnings managed to raise investor sentiment, increasing the outlook for the upcoming reports by other major banks. -
Deutsche Bank To Restart Operations With Massive European Business Overhaul
Deutsche Bank is planning to cut more than 18,000 jobs as part of its massive European business overhaul estimated to cost the company around $8.3 billion. 
Deutsche Bank is planning to cut more than 18,000 jobs as part of its massive European business overhaul estimated to cost the company around $8.3 billion.
