Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week,

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.

Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is “barely breaking even.” According to reporting from The Wall Street Journal, bankers at Morgan Stanley are planning to offload roughly $3bn in debt during a sale next week and are already contacting investors.

According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and underwhelming revenue

Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media platform X, previously known as Twitter. Sources revealed that Morgan Stanley bankers have

Diameter Capital Partners and Darsana Capital Partners were among firms that snapped up a major chunk of $1 billion of debt tied to Elon Musk’s buyout of X, according to people with knowledge of the matter.

The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter.

Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.

Despite falling 4.51% over the last five days, Elon Musk's Tesla has surged 108.50% over last year, making it over 4x expensive than peers.

In an e-mail to X employees, quoted by The Wall Street Journal, Elon Musk has said that the social network is facing serious revenue problems and stagnant user growth. Musk admitted: “Our user growth is stagnant,

Morgan Stanley, Bank of America, Barclays, X and Elon Musk did not immediately respond to requests for additional comment. Banks typically sell such loans to investors soon after a deal is done ...

The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can work from home from three down to two.