Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
2023-11-17 18:54
India Financial Stocks Slump on RBI’s ‘Draconian’ Loan Rules
India’s lenders and shadow banks tumbled after the central bank announced stricter rules to stem the relentless rise
2023-11-17 14:56
Investec Pays Record Dividend as Interest Rates Boost Income
Investec Plc will pay its highest interim dividend yet after booking double-digit growth in income from lending during
2023-11-16 17:59
Credit Market Thaw Paves Way for Two New M&A Debt Deals
Carrier Global Corp. and Tapestry Inc. are tapping investment-grade bond investors to raise funding for planned mergers and
2023-11-16 03:58
Deutsche Bank’s Courtship Is Heart of Trump NY Trial Defense
For six weeks of trial, Deutsche Bank AG has been depicted as the biggest victim of Donald Trump’s
2023-11-13 19:30
Billionaire Home Depot Co-Founder Bernard Marcus Backs Trump
Bernard Marcus, the billionaire co-founder of Home Depot Inc. and a Republican megadonor, announced he’s backing Donald Trump
2023-11-11 04:19
Why Those Bank Emissions Numbers Are So Rosy
On the surface, Deutsche Bank AG, Citigroup Inc. and Mizuho Financial Group Inc. all appear to be delivering
2023-11-08 19:58
Commerzbank Lifts Earnings Goals, Plans €600 Million Buyback
Commerzbank AG raised earnings goals for the year as it continues to benefit from higher interest rates and
2023-11-08 15:45
Exclusive-U.S. FDIC is probing former First Republic Bank directors and officers - spokesperson
By Douglas Gillison and Chris Prentice The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives
2023-11-02 05:24
In Major Protectionist Move, Spain Considers Stake in Telefonica
Spain is considering whether to shield its “most strategic” company from foreign takeovers in what could be the
2023-11-01 13:46
Apple, McDonald’s, Airbnb Earnings Set to Strip Away GDP Gloss
Household names as disparate as Apple Inc., Airbnb Inc. and Starbucks Corp. are expected to strip away the
2023-10-30 19:51
Deutsche Bank Executive Warns of Growing ‘Fat Tail’ ESG Risk
Investors face a growing risk that climate change will result in a sudden loss of value, with existing
2023-10-27 19:57