Finance

HSBC is ‘very positive’ about the future of China’s economy, CFO says

HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s…

Here’s when the Fed is likely to start cutting interest rates, according to investment strategists

WEST PALM BEACH, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of…

‘Take the emotion out of investing’ during a presidential election year, strategist says. What to do instead

WEST PALM BEACH, Fla. — Investors’ emotions may run high in 2024, especially in the realm of politics as President…

Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners

JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David…

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by…