November 13, 20240 Comments

Bank CEOs express confidence in deals, consumer finances By Reuters

By Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) – U.S. bank CEOs expressed confidence in the dealmaking outlook and the health of U.S. consumers at an industry conference in New York on Wednesday. Bank of America’s buildup of advisory work on upcoming mergers and acquisitions is strong, while its pipelines for initial public offerings “are full and ready to go,” CEO Brian Moynihan told attendees. Meanwhile, KeyCorp (NYSE:) CEO

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November 12, 20240 Comments

Spirit Aero gets planemaker help to prop up weak finances By Reuters

By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing (NYSE:), giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses. The Wichita, Kansas-based aerostructures giant is also on the verge of an agreement for a smaller amount of fresh funding and revised payment terms

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