Bank of England set for 12th straight interest rate hike, but the outlook remains murky
LONDON — The Bank of England is expected to hike interest rates for the 12th consecutive meeting on Thursday as…
Deutsche Bank logs 11th straight quarterly profit, reveals job cuts
Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from…
March’s banking chaos gave short sellers their biggest profits since the financial crisis
Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares by the…
‘Be very vigilant’: Bank of England chief says the market is testing banks to identify weakness
LONDON — Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility and suggested…
This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead
The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue…
Stocks making the biggest moves midday: Block, Deutsche Bank, GameStop, Activision and more
Check out the companies making headlines in midday trading. Block — Shares shed nearly 3%, after losing nearly 15% in…
Deutsche Bank is not the next Credit Suisse, analysts say as panic spreads
Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed…
Stocks making the biggest moves premarket: Deutsche Bank, Coinbase, Block, Marathon Oil and more
Check out the companies making headlines in premarket trading. Deutsche Bank — The German lender’s shares tumbled 13% following a…
Deutsche Bank shares slide after sudden spike in the cost of insuring against its default
Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability…
