Jamie Dimon issues warning on rates: ‘It will undress problems in the economy’
Investors and businesses should plan for interest rates to remain higher for longer than currently expected by the market, according…
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but…
Fears mount that Europe’s commercial real estate sector could be the next to fall
Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be…
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from…
EU will issue fresh wave of sanctions to stop Russia reinventing their war machine, official says
The European Union will launch an 11th wave of sanctions on Russia and seek to crack down on efforts to…
JPMorgan wealth CEO Erdoes says bank knew of Epstein sex accusations in 2006, USVI alleges
JPMorgan Chase was aware in 2006 of accusations that disgraced former financier Jeffrey Epstein paid to have underaged girls brought…
Warren Buffett says we’re not through with bank failures
Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be…
Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns
The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now…
Banks in ‘more precarious situation’ creating risks for global growth, IMF chief economist warns
Interest rate rises have increased banks’ vulnerabilities — and their response presents a significant risk to global growth, the International…
