The new issue of Barron’s looks at IBM’s turnaround strategy, plus what’s new about bank stocks. Jack Hough joins MoneyBeat. Photo: Getty Images.
British bank Barclays has been fined $44 million after one of its traders manipulated the benchmark gold price for his own profit.
It’s been a long time since subprime was an attractive market for banks, but a new crop of lenders is wading back into those waters. Is it canny or dangerous, and did we learn anything? Ianthe Jeanne Dugan is here with a look at the new subprime.