Bloomberg

$CL=F Oil Plunges Below $90 Amid Geopolitical Statements

Stock market news /

WTI Crude Oil futures ($CL=F) experienced extreme volatility in early trading sessions today, initially surging to nearly $120 per barrel before a rapid reversal saw prices slide below $90 per barrel. The sharp intra-day swing coincided with a significant geopolitical statement regarding the Middle East. Former U.S. President Donald Trump stated that the “Iran war […]

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HSBC Trims US Debt Capital Markets Team Amidst Industry Headwinds

Stock market news /

HSBC recently executed a reduction of approximately 10% of its US Debt Capital Markets (DCM) team, as reported by Bloomberg, signaling a strategic recalibration within its American investment banking division amidst a challenging global economic landscape. Context of the Cuts The Debt Capital Markets division is crucial for companies seeking to raise funds by issuing

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