Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday.

(Bloomberg) -- A group of banks led by Morgan Stanley is preparing to sell as much as $3 billion of senior debt tied to Elon Musk’s buyout of X, the social media platform formerly known as ...

In a significant move, signaling renewed confidence in Elon Musk’s rebranded Twitter (now X), a group of banks led by Morgan Stanley (MS) has sold off nearly all of the $12.5 billion in debt use ...

Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company ...

Banks plan to make significant increases to their tech spending in 2025, according to research released this month by American Banker. Top priorities include security and fraud improvements, data ...

LONDON/MADRID, Jan 28 (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust margins from lending and bumper ...

But the average savings account interest rate is closer to 0.4 percent. And the nation’s three largest banks — Bank of America, Chase and Wells Fargo — offer 0.01 percent on their standard ...

2024 has been a strong year for the U.S. banking sector - the SPDR S&P Bank ETF KBE has matched the performance of the S&P500, albeit with higher volatility. This article takes a fresh look at ...

The best online banks offer a healthy mix of high APYs ... Synchrony doesn’t charge fees at any ATM displaying the Plus or Accel logos, but the ATM owner may charge a fee.

Canada’s Big Six banks have been gearing up for a fight ahead of a cascade of mortgages renewing in the next couple of years. Coming out of a period of slow mortgage demand, the banks are hungry ...

Tyra Banks is used to strutting her stuff on runways around the world but life looks very different now she's moved down under. The former host of America's Next Top Model switched the glitz ...