Morgan Stanley reported a $911 million loss on the collapse of Archegos, but that barely registered as it landed amid a record quarter for Wall Street equities trading. CEO James Gorman can thank luck and skill, writes @johnsfoley. https://t.co/ucrlUI39Cthttps://t.co/6rVbf0BU0p
“The Last Blockbuster” documentary examines the more nuanced truth of the video rental chain’s demise. Netflix played its part, but the fall of Blockbuster had many culprits, says @jennifersaba. https://t.co/1TnZ2dzkFNhttps://t.co/5liX4AZhAv
Turkey’s central bank kept interest rates at 19%, though it hinted at a possible cut later. But rising inflation, a weak currency and a lack of credibility make easing risky, says @dasha_reutershttps://t.co/B1dS4oCkcm
First NatWest pulled the plug on Ulster Bank. Now Belgium’s KBC is planning to flog around 8.9 billion euros of assets to Bank of Ireland. The exodus could presage similar moves across Europe, writes @aimeedonnellanhttps://t.co/OjbHaWqoA2https://t.co/J62dzHmdyo
Of the 13 markets that Citigroup boss Jane Fraser has ordered the U.S. lender to retreat from, the consumer banking business in India may be the most valuable, writes @ugalanihttps://t.co/fHqdsQhoCKhttps://t.co/f8wMKJqSAV
Hanoi-based Bamboo Airways’ plans to raise up to $200 million in an initial public offering in the United States feels like a difficult long-haul journey, writes @ugalani in Capital Calls: https://t.co/MZeaGtLh3Thttps://t.co/EF9BSC6uOc
Our most self-indulgent, but arguably useful, round table discussion on cross-border traveling in the pandemic's twilight - give a listen https://t.co/zUOrz2JChm
China's economy grew 18.3% year-on-year in the first quarter of 2021, but that was less than expected given last year was so dismal. Compared to the previous quarter, the recovery lost a surprising amount of steam: https://t.co/7JsXKzufke@petesweeneypro@ywchen1https://t.co/185XEMuhyI