Key insight: Pinnacle took a little over five months to close its merger with Synovus. The combined bank, which is focused on the Southeast, has $117 billion of assets. Why it matters: The transaction is the latest test case for mergers of equals, which have lost favor with investors because some such deals have underformed. […]
Pinnacle emerges as $117B bank after completing Synovus deal Read More »
The Treasury market in 2025 had its best year since 2020 as US trade policy shifts curtailed economic activity and the Federal Reserve cut interest rates in response to weakening labor-market conditions. Processing Content At the same time, Treasury yields remained confined to ranges in place roughly since the end of the Fed’s historic 2022-2023
Treasuries gain most since 2020 amid tariff chaos, Fed rate cuts Read More »
Zohran Mamdani promised to lead New York City as a democratic socialist during a frigid inauguration ceremony on the steps of City Hall, a warning to those who believed he might moderate his positions after taking office. Processing Content The nearly two-hour long event Thursday featured speeches by two of the US’s most liberal members
Mamdani digs in on progressive agenda at NYC mayor inauguration Read More »