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Finance
Editor
18 Temmuz 2023
Bank of America tops analysts’ expectations amid higher interest rates
Bank of America on Tuesday posted second-quarter profit and revenue that edged out expectations as the company reaped more interest…
Economy
Editor
18 Temmuz 2023
Goldman Sachs cuts odds of a U.S. recession in the next year
Goldman Sachs revised down the odds of a U.S. recession happening in the next 12 months, cutting the probability down…
Finance
Editor
14 Temmuz 2023
Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules
JPMorgan Chase executives warned Friday that tougher regulations in the wake of a trio of bank failures this year would…
Finance
Editor
14 Temmuz 2023
Why Citigroup’s shift to wealth management is a risky bet
Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over…
Finance
Editor
14 Temmuz 2023
Citigroup posts better-than-expected earnings and revenue
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a…
Finance
Editor
14 Temmuz 2023
JPMorgan Chase beats analysts’ estimates on higher rates, better-than-expected bond trading
JPMorgan Chase reported second-quarter earnings Friday that topped analysts’ expectations, as the company benefited from higher interest rates and better-than-expected…
Finance
Editor
11 Temmuz 2023
Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees
Bank of America, the second-largest U.S. bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its…
Finance
Editor
11 Temmuz 2023
India’s IDFC First Bank says merger will boost credit growth
India’s IDFC First Bank expects to see robust credit growth following its recent merger, according to managing director and CEO…
Finance
Editor
10 Temmuz 2023
The American banking landscape is on the cusp of a seismic shift. Expect more pain to come
The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked…
Finance
Editor
4 Temmuz 2023
HDFC Bank director says Indian mega merger won’t face ‘insurmountable challenges’
The merger between India’s HDFC Bank and the Housing Development Finance Corporation (HDFC) will increase the entity’s customer base and…
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