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Nov 25 2024FINANCE

Barclays' Qatar Mess: What Happens When Banks Hide Details

Back in 2008, right in the middle of a global financial crisis, British bank Barclays was facing a serious issue. They desperately needed cash to dodge a government bailout. So, they reached out to investors from different parts of the world, with Qatar being one of them. It seemed like a wise move

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Oct 09 2024ENTERTAINMENT

Wolfs vs. Michael Clayton: A Fixers Showdown

Ever wondered what it would be like if George Clooney's characters from two different movies collided? That's the fun thought experiment with Wolfs and Michael Clayton. Both films feature Clooney as a "fixer," a professional cleaner-upper of messes. In Wolfs, he teams up with buddy Brad Pitt, while

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Oct 07 2024BUSINESS

Betting on Flutter: Why Barclays Likes This Stock

Barclays has given a thumbs-up to Flutter Entertainment PLC, setting its sights high at $275 per share. The stock closed last Friday at p17,920. Brandt Montour, the analyst behind this call, is no stranger to success. With an average return of 11.1% and a hit rate of 56.28%, he knows what he’s talki

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Sep 11 2024FINANCE

Goldman Sachs' Consumer Banking Experiment Ends with a $400 Million Loss

Goldman Sachs is set to take a $400 million pre-tax hit in the third quarter due to the unwinding of its General Motors credit card platform and the sale of real estate loans. The bank is in talks to hand over its GM credit card business to Barclays, a deal that would see the transfer of roughly $2

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Sep 08 2024FINANCE

MicroStrategy's Big Bitcoin Bet: Brilliant or Batshit?

MicroStrategy (NASDAQ:MSTR) has been on a wild ride lately, thanks to its unconventional strategy of using cash from its business intelligence software operations to gobble up $13 billion worth of bitcoin (BTC-USD). Barclays analyst Ramsey El-Assal is bullish on the approach, likening MSTR to a BTC

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