March 29, 2024
Investment

Barclays and Citgroup to cut jobs from investment bank unit

Barclays will cut several hundreds of jobs in the coming months.Image: Olivia Harris (Reuters) Barclays and Citigroup are set to cut jobs from their investment bank divisions, people familiar with the cuts told Bloomberg on Wednesday. These cuts follow follow a spate of similar layoffs across other big banks. Is it too late to invest

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Finance

Boeing plane found to have missing panel after flight from California to southern Oregon

PORTLAND, Ore. (AP) — A post-flight inspection revealed a missing panel on a Boeing 737-800 that had just arrived at its destination in southern Oregon on Friday after flying from San Francisco, officials said, the latest in a series of recent incidents involving aircraft manufactured by the company. United Flight 433 left San Francisco at

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Mortgage

Mortgage rates may be a bellwether for 2024 presidential election

WASHINGTON (AP) — Lori Shelton can’t fathom ever having the money to buy a home — and that’s a major reason why so many voters feel down on the economy ahead of this year’s presidential election. Shelton, 67, drives an Uber to help pay rent in Aurora, Colorado. An advance on her pay covered her

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Investment

Vacant Office Buildings in the United States: An Opportunity for Public Investment?

Vacant Office Buildings in the United States: An Opportunity for Public Investment? Two Manhattan West / Skidmore, Owings & Merrill. Image © Dave Burk Share Share Facebook Twitter Mail Pinterest Whatsapp Or https://www.archdaily.com/1014010/vacant-office-buildings-in-the-united-states-an-opportunity-for-public-investment Four years after the onset of the COVID-19 pandemic, its effects are still felt in the construction and real estate sectors in

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Investment

Goldman Sachs Closes $650M Fund to Invest in ‘Golden Era’ of Biotech Innovation

Goldman Sachs Asset Management has expanded to biotech investments in recent years. The investment firm is now preparing to ramp up its investment activity in the sector with a new $650 fund, its first one dedicated to the life sciences. Goldman on Wednesday announced the final close of the new fund, called West Street Life

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Loans

Real estate giant poised to become S.F.’s largest residential landlord

A building at 755 O’Farrell St. in San Francisco is part of a massive portfolio of 62 apartment buildings that has been purchased after landlord Veritas defaulted on $766.8 million in loans. Scott Strazzante/The Chronicle Real estate giant Brookfield has purchased a massive portfolio of loans tied to 76 San Francisco apartment buildings following one

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Investment

What Will Digital Health Investment Look Like in 2024?

The healthcare sector’s share of the global private equity and venture capital deal count is likely to continue decreasing in 2024, according to a new Pitchbook report. Healthcare’s share of the global private equity deal count reached its peak in 2020 at 13.7%. This year, it fell to 10.8%, its lowest level since 2015. The

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