Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says
Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank’s interventions during the fall of Credit Suisse were…
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…
HSBC’s after-tax profit surges over 135% year-on-year, announces $3 billion share buyback
HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 135% compared to the $2.66…
JPMorgan Chase stock slips after bank says CEO Jamie Dimon is selling 1 million shares
JPMorgan Chase CEO Jamie Dimon will begin to sell one million shares of the bank he runs next year, the…
Supermarket bank branches are closing 7 times faster than other locations
American banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid…
Watch live: ECB President Christine Lagarde speaks after opting to hold rates
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,…
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
From the U.S. to China, countries around the world are battling it out to lead on financial technology, a heavily…
Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1
Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024. Pick, a…
Deutsche Bank shares surge 7% after net profit beats expectations
Deutsche Bank shares popped on Wednesday, after the lender slightly beat expectations with its thirteenth straight profitable quarter and said…
