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Finance
Editor
16 Şubat 2024
Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm
Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to…
Finance
Editor
15 Şubat 2024
Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal
Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts…
Finance
Editor
13 Şubat 2024
As online romance scams rise, banks ask for help to save victims billions
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis…
Finance
Editor
9 Şubat 2024
Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators…
Finance
Editor
8 Şubat 2024
Societe Generale posts sharp profit drop as net banking income slides
Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income,…
Finance
Editor
8 Şubat 2024
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid…
Finance
Editor
7 Şubat 2024
NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk
New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…
Finance
Editor
6 Şubat 2024
UBS beats earnings expectations, announces up to $1 billion share buyback
Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth…
Finance
Editor
2 Şubat 2024
A Goldman Sachs-backed electricity firm is making a play to reach more Americans’ homes
Goldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas energy retailer…
Finance
Editor
1 Şubat 2024
Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’
LONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided…
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