Stephen Gandel is a Us Banking Correspondent at Financial Times. He specializes in the banking and financial services sectors, with a focus on themes such as finance, personal finance, and financial technology. Gandel's work has been featured in notable publications including Fortune, The Australian Financial Review, Yahoo Finance, and The New York Times.
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Stephen Gandel's coverage mainly focuses on finance and economy, particularly in the context of Wall Street, banking, financial services, bank profits, and regulations. He often includes investment analysis as well as government announcements.
If you are considering reaching out to Stephen with a pitch or source offer, it would be beneficial to provide insights into the latest developments within these areas. Expert commentary from individuals deeply entrenched in the world of finance and economics could capture his attention. Additionally, if there are specific datasets that can illuminate trends or changes within the sector he covers extensively might also pique his interest.
As for geographical focus, while not explicitly mentioned for Stephen Gandel’s articles; given his topics primarily revolve around Wall Street and US banks' activities suggest a strong emphasis on American financial markets may be most relevant when pitching ideas or sources.
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By: Eric Platt, Stephen Gandel
Conglomerate has stepped up effort to cut holdings in US lenders in recent months
By: Stephen Gandel
US bank was alone among its peers in declining to break down lending by borrower type
By: Stephen Gandel
Experts warn tariffs and stubbornly high interest rates could worsen debt distress in 2025
By: Stephen Gandel
Fast-growing buy now, pay later arrangements are cutting into banks’ highly profitable credit card divisions
Citigroup’s latest innovation: pay without performance. On Tuesday, the third-largest U.S. bank said that top employees eligible to receive bonuses for cleaning up the error-prone lender’s endemic issues would see final payouts cut to 68% of target, or as much as $1.7 mln for top executives. But offering extra fillips to bankers for simply doing their jobs is a flawed premise, especially when Citi is not yet fixed.
By: Jonathan Guilford, Stephen Gandel, Pranav Kiran
NEW YORK (Reuters Breakingviews) - Merger arbitrageurs overplayed their Trump card. Hedge funds that bet on pending deals rapidly narrowed the gap
When the price of admission is $25,000, it’s easier to look on the bright side. At the annual Beverly Hills gathering of grandees hosted by Michael Milken, the onetime junk bond king, financiers expressed bold notes of optimism despite the unease over tariffs and the blurring of public and private markets. If the economy avoids the brink, the dark arts of dealmakers will preserve some lucrative business.
US lenders modified $55 billion of loans in the past year, up 30% from the prior 12 months. Adjustments can help struggling borrowers get back on track. Yet most banks are only slowly setting aside more cash to cover soured IOUs, even as economic stress is potentially rising.
The stablecoin issuer’s soaring shares value it at $24 bln, a strong signal for peer Tether. Depending on how investors view the larger rival’s figures, the result implies a worth of $60 bln – or an eye-popping $2 trln. Crypto isn’t quite part of the buttoned-up mainstream yet.
The world’s largest asset manager aims to boost revenue 75% by 2030, buoyed by tech and private markets. Yet this bakes in a still-to-close deal, while a predicted doubling of market value assumes little extra investor enthusiasm. It’s a reserved message after a costly makeover.
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