MARKETS
The Bond King Has Spoken, He Forecasts…
Jeff Gundlach, the CEO of investment management company DoubleLine Capital, aka the Bond King, forecasts a recession for the U.S. this year.
BANKING
TD Bank Beats Earnings Forecast Amidst Money Laundering Turmoil
Canada’s second-largest lender, TD Bank, beat earnings forecasts last quarter despite being mired in a massive money laundering scandal which included a group of firings of those involved in the scandal.
COMPLIANCE
NYSE Owner Fined
The New York Stock Exchange, owned by Intercontinental Exchange Inc, was fined by the SEC $10 million for failing to disclose in time a breach in their systems back in 2021.
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