Saks Global's bankruptcy could be the most high-profile among department stores since the COVID-19 pandemic, notes the WSJ.

The owner of luxury department stores in the US has replaced its CEO. The WSJ writes that it is on the verge of bankruptcy.

Jefferies Financial Group Inc.

Zions Bancorporation, National Association

Agency analyst Mark Pinto got into a polemic in absentia with JPMorgan CEO Jamie Dimon

"One cockroach is not yet a trend": why isn't Moody's worried about banks' bad loans?

Western Alliance Bancorporation

On Thursday, October 16, the four major U.S. stock indices ended trading in the red zone, losing what they gained at the beginning of the day. The pressure on the market was exerted by bank shares due to investors' concerns about bad loans. Trading participants also continued to monitor the ongoing trade tensions and the ongoing shutdown in the United States.

Bankruptcy