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Deutsche Bank outperformed JPMorgan, Goldman, and Citi with an 11% rise in FIC revenue and seeks approval to restart share buybacks. McDonald’s stock fell after an E. coli outbreak linked to its Quarter Pounders. Starbucks pulled its 2024 guidance. BofA warns the Fed against aggressive rate cuts, while Blackstone dismisses recession fears. Rivian leads in US safety violations.
By RbbentesDeutsche Bank outperformed JPMorgan, Goldman, and Citi with an 11% rise in FIC revenue and seeks approval to restart share buybacks. McDonald’s stock fell after an E. coli outbreak linked to its Quarter Pounders. Starbucks pulled its 2024 guidance. BofA warns the Fed against aggressive rate cuts, while Blackstone dismisses recession fears. Rivian leads in US safety violations.