This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday’s disclosures on discrepancies in derivative deals over the past five to seven years, executives told analysts in a late-evening call.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the