@saeedhas

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

 New York
Joined October 2011
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42Media
As Wall Street banks finance and adopt AI, risks mount on both fronts @manya__saini @tbautzer reuters.com/legal/legalindus…

As Wall Street banks finance and adopt AI, risks mount on both fronts

Wall Street's biggest banks want to ride the AI wave without getting caught in its undertow, as the promise of a lucrative infrastructure boom collides with questions over returns and new security...

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EXCLUSIVE: Bank of America loses bankers, tells staff of big ambition, continued hiring @sveaherbst @MilanaVinn @saeedhas reuters.com/world/bank-ameri…

EXCLUSIVE: Bank of America loses bankers, tells staff of big ambition, continued hiring

Bank of America's top leaders had a problem in the first week of August. Veteran banker Amy Lissauer — one of the company's most senior female ​executives — was considering jumping to rival JPMorgan...

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Waldron's expected rise stirs talk inside Goldman of knock-on succession plans reuters.com/legal/transactio…

Waldron's expected rise stirs talk inside Goldman of knock-on succession plans

With Goldman Sachs COO John Waldron firmly viewed as David Solomon's likely successor as CEO in coming years, speculation is already building among staff over who could take Waldron’s job and what...

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Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality check reuters.com/legal/transactio…

Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality check

Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth. The answer seems to be: Not as much as Nvidia thinks.

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Waldron long seen as next Goldman CEO. The question is when reuters.com/legal/transactio…

Waldron long seen as next Goldman CEO. The question is when

John Waldron has long been seen as ‌successor to Goldman Sachs CEO David Solomon. The question was when the transition would happen.

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The race to ‌finance the U.S. data center boom is forcing banks and asset managers to confront an added risk: political and community opposition. reuters.com/legal/transactio…

Lenders scrutinize US data center financing as community opposition builds

The race to finance the U.S. data center boom is forcing banks and asset managers to confront an added risk: political and community opposition.

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Saeed Azhar Hasan retweeted
Reuters Legal@ReutersLegalJul 30
Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted reuters.com/business/goldman…

Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted

Goldman Sachs queried its former top lawyer Kathy Ruemmler in 2023, 2025 and 2026 about links to Jeffrey Epstein amid growing scrutiny of the late convicted ​sex offender's ties to the elite and...

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Goldman Sachs queried its former top lawyer Kathy Ruemmler in 2023, 2025 and 2026 about links to Jeffrey Epstein amid growing scrutiny of the late convicted sex offender's ties to the elite and wealthy reuters.com/business/goldman…

Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted

Goldman Sachs queried its former top lawyer Kathy Ruemmler in 2023, 2025 and 2026 about links to Jeffrey Epstein amid growing scrutiny of the late convicted ​sex offender's ties to the elite and...

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Saeed Azhar Hasan retweeted
Niket Nishant@NiketNishantJul 15
SpaceX shares slide below IPO price for the first time as blistering rally unravels $SPCX @ReutersBiz reuters.com/legal/transactio…

SpaceX shares slide below IPO price for the first time as blistering rally unravels

SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that level, just ‌over a month after the rockets-to-AI firm completed the...

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Goldman Sachs senior counsel Kathy Ruemmler on Wednesday told a House committee investigating convicted sex offender Jeffrey Epstein that if she had known he was abusing women or girls, she would have reported him to law enforcement. reuters.com/legal/government…

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women

Goldman Sachs senior ​counsel Kathryn Ruemmler told members of Congress in a closed-door hearing on Wednesday that if she had known Jeffrey Epstein was abusing women or ‌girls, she would have...

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Goldman lawyer Ruemmler to be questioned by House panel on Epstein ties reuters.com/legal/transactio…

Goldman lawyer Ruemmler to be questioned by House panel on Epstein ties

Goldman ​Sachs senior counsel Kathryn Ruemmler is set to face congressional scrutiny on Wednesday over her ties to Jeffrey Epstein, pushing the Wall Street ‌bank back into the spotlight over its...

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Saeed Azhar Hasan retweeted
Reuters
@ReutersJul 7
Trading surge, helped by SpaceX IPO, seen lifting Wall St banks' second-quarter earnings reut.rs/4pdmZbi reut.rs/4pdmZbi

Trading surge, helped by SpaceX IPO, seen lifting Wall St banks' second-quarter earnings

Driven in part by the blockbuster SpaceX mega IPO, a surge in sales and trading will power U.S. Wall Street bank earnings in the second quarter, supported by solid fee growth from advising on M&A...

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Trading surge, helped by SpaceX IPO, seen lifting Wall St banks' second-quarter earnings reuters.com/legal/transactio…

Trading surge, helped by SpaceX IPO, seen lifting Wall St banks' second-quarter earnings

Driven in part by the blockbuster SpaceX mega IPO, a surge in sales and trading will power U.S. Wall Street bank earnings in the second quarter, supported by solid fee growth from advising on M&A...

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Goldman ⁠Sachs ⁠named Michael ⁠Bosworth as acting general counsel and a member of ​its core executive leadership team, while Kathryn Ruemmler, who resigned after emails showed ‌her links with late sex ‌offender Jeffrey Epstein, stays on as an adviser. reuters.com/legal/legalindus…

Goldman names acting general counsel, replacing Epstein-linked Ruemmler who stays as adviser

Goldman Sachs on Wednesday named Michael Bosworth as acting ​general counsel and a member of its core executive leadership ‌team, while Kathryn Ruemmler, who resigned after emails showed her links...

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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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