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TUESDAY HEADLINES: WEWORK, ONCE WORTH $47 BILLION, FILES FOR BANKRUPTCY

By Matt Stichnoth, November 7, 2023

CNBC.com: WeWork, once valued at $47 billion, files for bankruptcy

Wall Street Journal: Big Banks Cook Up New Way to Unload Risk

Bloomberg: Fed Officials Pledge to Watch Data, Focus on Cooling Inflation

New York Post: Jack Dorsey’s payments company Block to slash headcount as much
as 10%

New York Times: Why Banks Are Suddenly Closing Down Customer Accounts

Financial Times: UBS chair spars with private equity chiefs over risks of
‘shadow’ banking

Bloomberg: Private Equity Courts a Growing Class of Mini-Millionaires

Wall Street Journal: UBS’s Takeover of Credit Suisse Was a Steal. Now Comes the
Bumpy Part.

CNBC.com: Citigroup considers deep job cuts for CEO Fraser’s overhaul

Bloomberg: Wall Street Bosses in Hong Kong See Financial Dangers Everywhere


Categories: Thoughts and Comments

Monday Headlines: Big banks hit by deposit delays

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