Wall Street

German regulator urges banks to set aside bumper profits for bad news on the horizon

Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher…

Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says

Markets need to begin thinking about the structural impact of Donald Trump’s proposed 10% tariff increase, which “shakes up every…

Wall Street opposition to Trump collapses, as ‘pipe dream’ of primary defeat ends

As Donald Trump surges toward the Republican nomination, many Wall Street executives have made a calculated decision not to speak…

Spot bitcoin ETFs are taking Wall Street by storm. Experts say options are next

Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products. Cboe…

Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl

Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group,…

Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’

Political risk in the U.K. is “far less than it’s ever been” as the difference between the ruling Conservative Party…

UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet

UBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the bank’s balance sheet are getting…

Morgan Stanley revenue tops estimates, but CEO warns of geopolitical, economic risks ahead

Morgan Stanley on Tuesday reported fourth-quarter revenue that surpassed expectations, boosted by the strength in investment banking. Here’s how the…

Goldman Sachs tops revenue estimates on better-than-expected asset management results

Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what…