Barclays and Deutsche Bank’s profits climbs
British multinational universal bank Barclays and Deutsche Bank’s profits surge, as a result of income from higher…
Browsing Tag
U.S. banks
ECB sticks to keep increasing its interest rates
The European Central Bank (ECB) is expected to continue increasing interest rates, as the 2008 financial crisis is…
U.S. weighs new fund as backup if more banks fail
The U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow regulators…
U.S. banks are ‘swimming in money’ as deposits increase by $2 trillion
A record $2 trillion surge in cash hit the deposit accounts of U.S. banks since the coronavirus first struck the…
U.S. banks could face same pressures as European counterparts, SocGen chairman warns
A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been…
U.S. Banks’ Buybacks, Dividends May be No Reason for Shareholder Celebrations
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N), are expected to win Federal…
U.S. Banks Ramp Up Credit Card Lending But Margins May Suffer
As traditional Wall Street moneymakers like stock and bond trading suffer, banks are growing increasingly willing…
U.S. Probes Barclays Over Ties To Saudi Prince
Barclays and a Saudi prince are at the center of a U.S. Department of Justice probe into whether the U.K. bank made…
JPMorgan To Cut Up To 17,000 Jobs By End Of 2014
JPMorgan Chase & Co said on Tuesday that it plans to cut 17,000 jobs by the end of 2014, representing about 6.6…
Basel Burden On Small Banks Faces Scrutiny At U.S. House Hearing
U.S. community banks and insurers will press their case for separate treatment from the biggest financial firms as…
