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Saeed Azhar Hasan @saeedhas

U.S. banking correspondent for Reuters, covering some of Wall Street's biggest banks.

Joined October 2011
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US lawmakers raise concern over Goldman's move to keep top lawyer as adviser despite Epstein ties reuters.com/business/finance…

US lawmakers raise concern over Goldman's move to keep top lawyer as adviser despite Epstein ties

U.S. Democratic lawmakers Elizabeth Warren and Raja Krishnamoorthi have flagged concerns to Goldman Sachs CEO David Solomon over his reported plans to keep top lawyer Kathy Ruemmler as an adviser...

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Goldman Sachs rates business hit by Iran war volatility, sources say reuters.com/business/goldman…

Goldman Sachs rates business hit by Iran war volatility, sources say

Goldman Sachs' rates business suffered losses on some positions towards the end of the ‌last quarter as fixed-income market volatility due to the Iran war forced it to hold on to certain positions as...

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Banks in theUS are charging more for some loans to private credit funds as doubts grow about the valuations given to some of their investments, three people familiar ​with the matter said, in a development that could start to hurt funds' returns @Islabin reuters.com/legal/transactio…

US banks raising borrowing costs for private credit funds as AI fears pummel valuations, sources say

Banks in the United States are charging more for some loans to private credit funds as doubts grow about the valuations given to some of their investments, three people familiar ​with the matter...

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Jefferies Financial Group is facing concerns about its lending standards and risk appetite after the collapses of British lender Market Financial Solutions and U.S. auto-parts supplier First Brands from alleged fraud with @tbautzer reuters.com/business/finance…

Jefferies faces scrutiny over lending to collapsed MFS and First Brands

Jefferies Financial Group is facing concerns about its lending standards and risk appetite after the collapses of British lender Market Financial Solutions and U.S. auto-parts supplier First Brands...

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The $2 trillion private credit industry, which has expanded over the past decade from financing leveraged buyouts to areas banks dominated, is facing fresh strain from turmoil at Blue Owl Capital, a major private lender with reuters.com/business/finance…

Blue Owl turmoil adds to strain in $2 trillion US private credit sector

The $2 trillion private credit industry, which has expanded over the past decade from financing leveraged buyouts to areas banks dominated, is facing fresh strain from turmoil at Blue Owl Capital, a...

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Warmer winters leave Pakistan festival on thin ice reuters.com/investigates/spe…

Warmer winters leave Pakistan festival on thin ice

Every winter for decades, the pool in front of Aleena Gul's house in Pakistan's Hunza Valley has transformed into an ice rink, framed by jagged Himalayan peaks and the stone walls of Altit Fort. This...

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Focus: Software companies face higher borrowing costs, tougher scrutiny as AI threatens businesses reuters.com/business/finance…

Focus: Software companies face higher borrowing costs, tougher scrutiny as AI threatens businesses

Software companies are delaying debt deals as higher borrowing costs and tougher scrutiny from lenders weigh on the sector, at a time when mounting pressure from artificial intelligence threatens...

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Reuters photo: The front car contained two police officers, so Noble aimed his camera and flash at the car behind." reuters.com/world/uk/how-reu…

How Reuters captured the photo of former Prince Andrew leaving custody

Slumped in the back seat of his Range Rover, a visibly shaken man once referred to as the "Playboy Prince" stares ahead of him as the car leaves Aylsham police station in Norfolk, England.

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Top Goldman Sachs lawyer Ruemmler resigns after Epstein disclosures finance.yahoo.com/news/top-g…

Top Goldman Sachs lawyer Ruemmler resigns after Epstein disclosures

Feb 12 () - Goldman Sachs general counsel Kathy Ruemmler has resigned, CEO David Solomon said on Thursday, after documents released by the U. Justice Department last month ‌showed Ruemmler accepted...

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Saeed Azhar Hasan retweeted
Reuters Guild@ReutersGuild
Feb 6
NOT FAIR, NOT RIGHT: @Reuters management wants our members to accept a measly annual wage increase of only 0.5%. Watch this new video of our members who are speaking out! #WeareReuters
1:24
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JPMorgan to replace Goldman as Apple Card issuer reuters.com/business/finance…

JPMorgan to replace Goldman as Apple Card issuer

JPMorgan Chase and Apple on Wednesday announced a deal under which the bank will become the new issuer of the Apple Card, replacing Goldman Sachs , further expanding the biggest U.S. bank's credit...

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Exclusive: BofA bonuses will jump for investment bankers this year, sources say reuters.com/sustainability/b… with @MilanaVinn

Exclusive: BofA bonuses will jump for investment bankers this year, sources say

Bank of America will boost bonus payouts for its best performing investment bankers and increase its bonus pool for the division after a surge in deals this year, according to two sources familiar...

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Focus: Wells Fargo hiring spree fuels investment banking ambitions with @LananhTNguyen reuters.com/business/finance…

Wells Fargo hiring spree fuels investment banking ambitions

Wells Fargo , the fourth-biggest U.S. bank, plans to extend its hiring spree in investment banking after new recruits and efforts to grow market share significantly boosted the lender's ranking in...

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Bank of America tech unit leads surge in managing director promotions reuters.com/business/finance…

Bank of America tech unit leads surge in managing director promotions

Bank of America’s technology division recorded the sharpest percentage jump in managing director promotions this year, two sources told Reuters, as the bank pours billions into digital tools aimed at...

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JPMorgan supercharges its bet on national security by hiring Combs from Berkshire reuters.com/business/finance…

JPMorgan supercharges its bet on national security by hiring Combs from Berkshire

JPMorgan Chase's most senior external hire yet, Todd Combs from Berkshire Hathaway, is set to turbocharge its $1.5 trillion push into national security.

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Goldman promotes 638 to managing directors, highest since 2021 | Reuters
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reuters.com/business/goldman…

Goldman to promote highest number of executives to managing director since 2021

Wall Street lender Goldman Sachs will promote 638 executives to managing director next year, the highest number since 2021, a company memo said, as the bank benefits from a pickup in investment...

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BofA CEO faces calls to boost returns, dealmaking as investors gather reuters.com/business/finance…

BofA CEO faces calls to boost returns, dealmaking as investors gather

As Bank of America executives step on stage on Wednesday to address investors, they face pressure to boost returns through dealmaking and wealth management to catch up with larger rival JPMorgan...

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Bank of America among lenders to bankrupt First Brands, CFO says loans are secured reuters.com/business/finance…

BofA's loans to bankrupt First Brands secured; Morgan Stanley has no exposure

Bank of America's syndicated loans to First Brands are secured by strong collateral, while Morgan Stanley has no exposure to the bankrupt U.S. auto parts supplier, the banks' top executives said on...

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Goldman Sachs eyes job cuts and hiring slowdown amid AI push, memo shows reuters.com/business/world-a…

Goldman Sachs eyes layoffs and hiring slowdown amid AI push, memo shows

Goldman Sachs has informed employees of potential job cuts and a hiring slowdown through the end of the year, according to an internal memo seen by Reuters, as the Wall Street giant aims to use...

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