BankingAmerican banks face more pain, huge shiftJuly 10, 202350Rising interest rates, losses on commercial real estate and heightened regulatory scrutiny will pressure regional and midsized banks, leading to...
BankingGlobal inflation data in focusJuly 10, 2023674 Mins AgoStocks on the move: GTT up 5%, Scout24 down 5%Shares of France's Gaztransport & Technigaz (GTT) added 5%...
BankingDeutsche Bank will pay $75 million to victimsMay 18, 202354Deutsche Bank agreed to pay $75 million to victims of sex predator Jeffrey Epstein to settle a federal lawsuit accusing...
BankingJPM’s Jamie Dimon warns of market panic as U.S. nears defaultMay 11, 202362JPMorgan Chase CEO Jamie Dimon said Thursday that markets will be gripped by panic as the U.S. approaches a possible...
InvestingCentral bank gold demand hits first-quarter record, investments surgeMay 5, 202348In the three months to the end of March, central banks added 228 tons to global reserves, the highest rate...
MortgagesFed likely to raise rates by a quarter point but it must also reassure markets on banking systemMarch 21, 202347The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in...
FundsVanguard to exit China funds joint venture with Ant, close Shanghai office, sources sayMarch 21, 202365Pavlo Gonchar | Lightrocket | Getty ImagesU.S. fund giant Vanguard Group is shutting its main Shanghai office and exiting from a joint...
Stock MarketDow falls more than 100 points on fears the Fed will overtightenJanuary 19, 202364Stocks fell Thursday as investors grew increasingly concerned the Federal Reserve will keep raising rates despite signs of slowing inflation.The...
BankingJPMorgan Chase (JPM) earnings 4Q 2022January 13, 202364Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
MortgagesWells Fargo, once the No. 1 mortgage player, steps back from businessJanuary 10, 202359Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher...