First Citizens Boosts NII Forecast as Fewer Rate Cuts Projected
First Citizens BancShares Inc., which scooped up Silicon Valley Bank after the lender failed last year, lifted its guidance for lending income for 2024.
First Citizens BancShares Inc., which scooped up Silicon Valley Bank after the lender failed last year, lifted its guidance for lending income for 2024.
Sanjay Shah, the hedge fund founder accused of masterminding a Cum-Ex trading scheme that robbed £1.4 billion ($1.7 billion) from the Danish government, claimed he thought the transactions were “completely legal.”
Caterpillar Inc. reported first-quarter earnings that beat Wall Street’s expectations, helped by stronger pricing even as sales volumes slipped slightly.
General contractor Hely Duarte is considering laying off half his workers because New York City’s transit system is halting most capital projects as its legal battle with New Jersey over congestion pricing lingers on.
Warnings of extreme heat in Bangkok were issued for the sixth consecutive day, reflecting near-record temperatures across Thailand, where the heat-related death toll is approaching last year’s tally.
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