US banks’ profit picture less clear with cloudy rates trajectory
NEW YORK, April 12 (Reuters) - The uncertain trajectory of interest rates is making it hard for U.S. banks to...
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Sterling holds gains as budget provides few shocks
LONDON, March 6 (Reuters) - The pound held onto slight gains against the dollar on Wednesday as traders digested Britain's...
Zelenskiy met by Republican doubts in 11th hour push for US aid to fight Russia
WASHINGTON, Dec 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy faced a skeptical reception from key Republicans during a trip to Washington on Tuesday to seek more military support against Russia, but he won a pledge at the White House that the U.S. has his back.Republicans have been reluctant to sign off on a funding request from Democratic President Joe Biden under which Ukraine would receive $61.4 billion.House of Representatives Speaker Mike Johnson, a Republican, said after meeting with Zelenskiy that Biden's administration must provide more detail about how the money...
UK lenders face smaller impact from Basel rules than rivals, BoE says
A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo...
Exclusive: JPMorgan begins First Republic makeover as it opens more branches
The entrance to a First Republic Bank branch is seen in the Chinatown neighborhood of New York City, U.S., April 28, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNEW YORK, Dec 11 (Reuters) - JPMorgan Chase (JPM.N) is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint."Branches have been a winning strategy for us that is helping us capture more market share,” Jennifer Roberts, CEO of Chase Consumer Banking, told Reuters in an interview.Of the customers who hold deposits with the...
U.S., South Korea, Japan to step up actions on North Korea cyber threats
SEOUL, Dec 9 (Reuters) - The United States, South Korea and Japan agreed new initiatives on Saturday to respond to...
California high-speed rail faces challenges after US award
U.S. Transportation Secretary Pete Buttigieg speaks during an event in Baltimore, Maryland, U.S., January 30, 2023. REUTERS/Kevin Lamarque/File Photo Acquire...
Post-Brexit ‘Big Bang’ reform of UK financial sector a ‘damp squib’, say lawmakers
People walk through the City of London financial district in London, Britain, September 13, 2021. REUTERS/Hannah McKay/File Photo Acquire Licensing...
US sets policy to seize patents of government-funded drugs if price deemed too high
Isabelle Lawler, a pharmacy student, answers calls at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., February 26, 2021. Picture taken February...
US, Mexico to cooperate on investment security screening, payments systems
U.S. Treasury Secretary Janet Yellen gives a statement to the press during her visit in Mexico City, Mexico December 6,...
