Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and…
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan…
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Artificial intelligence might be driving concerns over people’s job security — but a new wave of jobs are being created…
Former Barclays CEO Staley fined and banned by UK regulator over Epstein links
LONDON — Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in…
Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky
Goldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led…
These regional banks are at risk of being booted from the S&P 500
The stock sell-off that hit regional banks this year has exposed lenders including Zions and Comerica to the risk of…
Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march…
Shares of UK’s Metro Bank up 26% after securing fresh capital
LONDON — Shares of the U.K.’s Metro Bank were sharply higher Monday morning, after the lender on late Sunday announced…
This trade is where big investors are hiding out amid choppy markets, Goldman Sachs says
Investors have piled into short-term U.S. government bonds in a bid to wait out the upheaval caused by a blowout…
UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’
LONDON — The U.K.’s Metro Bank will likely struggle to raise fresh capital to shore up its balance sheet, according…
