Finance
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Private-equity giants have been looking to fast-track asset sales because they’re worried about a bigger tax hit if Biden wins the election
Large private-equity firms are looking to sell assets before Jan. 1 with the expectation that tax rates will increase in 2021, sources...
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665Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says
Spencer Platt / Getty Images Wells Fargo plans to sell its asset management business for $3 billion after posting a 57% drop...
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386PayPal explores crypto takeovers including Goldman-backed startup BitGo, report says
Igor Golovniov/SOPA Images/LightRocket via Getty Images PayPal is exploring crypto takeovers including a Goldman-backed startup BitGo, according to a Bloomberg report. No...
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389Barclays swings to profit with 3rd-quarter earnings, beating expectations as UK consumer business picks up
The logo of Barclays is seen on the top of one of its branch in Madrid Reuters Barclays reported third-quarter profit of...
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‘Anything less than a vote for Biden is a vote against democracy’: Expensify’s CEO tells us why the company emailed 10 million customers urging them to vote for Biden
Subject: Protect democracy, vote for Biden. I know you don’t want to hear this from me. And I guarantee I don’t want...
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Goldman Sachs is paying billions in fines over the 1MDB scandal and clawing back exec pay. Here’s what’s been going on inside the bank.
Get the latest Goldman Sachs stock price here. Read the latest banking news and featured articles: – Banking Industry Trends – Future...
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How ultrawealthy yacht owners are hedging against another lockdown cutting off their boat access: Buying new houses
Afraid that their marinas will shut back down if COVID-19 cases continue to spike, the ultrawealthy are snapping up waterfront mansions just...
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Bringing order to chaos: What Bank of America’s new ‘surround sound’ taught me about the neurodiverse experience on Wall Street
Craig Froelich is the chief information security officer at Bank of America. In this op-ed, Froelich explains the benefits of hiring neurodiverse...
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333Tesla stock jumps after record-breaking Q3 earnings, adding $22 billion in market value
Tesla CEO Elon Musk. AP Photo/Jae C. Hong Tesla’s strong third-quarter earnings sent its stock price up as much as 5.5% on...
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The average overdraft fee in the US has hit a record high
The average overdraft fee in the US has hit a record $33.47. And easing up on overdraft fees during the ongoing coronavirus...