Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets
U.S. regulators on Thursday unveiled a sweeping set of proposed changes to banks’ capital requirements to address evolving international standards…
Watch live: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve…
A CEO quits and the BBC apologizes to Trump ally Nigel Farage. A banking scandal erupts in Britain
LONDON — NatWest Group CEO Alison Rose resigned after a media storm over the termination of Brexit figurehead Nigel Farage’s…
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
Deutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023,…
JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges
JPMorgan Chase executive Mary Callahan Erdoes sought advice for a $600 million tax issue from disgraced former financier Jeffrey Epstein…
Wells Fargo announces $30 billion buyback, shares rise
Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also…
Senate panel probes billionaire Leon Black’s $158 million in payments to Jeffrey Epstein
A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black’s ties to the late…
Goldman Sachs misses on profit after hits from GreenSky, real estate
Goldman Sachs on Wednesday posted profit below analysts’ expectations amid write-downs tied to commercial real estate and the sale of…
Morgan Stanley beats estimates on record wealth management revenue
Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s…
