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Elon Musk promised his bankers they would not lose money on the $13bn they lent to finance his Twitter takeover in 2022. The ...
A group of Wall Street’s biggest banks have finally dug themselves out of a $13 billion quagmire that Elon Musk created. On Monday, banks sold the final slug of the debt they lent for Musk’s takeover ...
White House officials maintain bankers’ concerns are overstated and discount expected revenues from the president’s tariffs.
When Musk bought Twitter, the banks that backed him were left with almost $13 billion of debt that was quickly branded toxic.
Morgan Stanley just rolled out the last piece of Elon Musk's Twitter buyout debt now branded ... wrapping up one of Wall Street's most watched and most delayed syndications. If it lands well ...
While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s ...
Wall Street slumped under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S ...
The S&P 500 was up 1.6 percent in its first trading since President Trump said that the United States will delay a 50 percent ...
Too much goodwill on the balance sheet could also lead to writedowns that result in a stock falling. A recent example of this ...
A group of Wall Street’s biggest banks have ... On Monday, banks sold the final slug of the debt they lent for Musk’s takeover of Twitter in 2022, according to people familiar with the matter.
April 28 (Reuters) - A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied ... on the dollar. The Wall Street Journal first ...
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