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Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore's United Overseas Bank is expecting "some upside" in interest income in the next quarter,…
Barclays announces share buyback as second-quarter profit meets target
Barclays bank reported second quarter earnings Thursday.Bloomberg | Bloomberg | Getty ImagesBarclays reported a net…
The Federal Reserve Raises Rates Again
The Federal Reserve has raised its benchmark interest rate by 0.25%.While we don't know for…
A CEO quits and the BBC apologizes to Trump-ally Nigel Farage. A banking scandal erupts in Britain
Jonathan Bachman | Getty ImagesLONDON — NatWest Group CEO Alison Rose resigned after a media…
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May…
JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges
Mary Callahan Erdoes, chief executive officer of asset management at JPMorgan Chase & Co.Simon Dawson…
Wells Fargo announces $30 billion buyback, shares rise
Wells Fargo building in San Francisco.Source: CNBCWells Fargo shares popped Tuesday after the bank said…
Senate panel probes billionaire Leon Black’s $158 million in payments to Jeffrey Epstein
Leon Black, chairman and chief executive officer of Apollo Global Management LLC, at the annual…
Citi downgrades Goldman Sachs, says targets will take time to be reached
Citi thinks Goldman Sachs ' long-term company goals may be more difficult to reach than…
Federal Reserve Still Wedded To Preposterous Phillips Curve — And May Make Foolish Decision Tomorrow
The commercial and financial worlds are eagerly anticipating not only what the Federal Reserve will…
What Do We Get With The Federal Reserve’s FedNow Instant Payments?
OBSERVATIONS FROM THE FINTECH SNARK TANK Hurray, instant payments are here! To much fanfare, the…
Huntington Bank CEO on Q2 bank earnings, loan demand and the state of the consumer
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPower LunchStephen Steinour,…
Regional bank yields have fallen but plenty are still paying more than 4%
Back in April and May, investors saw juicy yields on regional bank stocks, some paying…
Regional deposit competition ‘very intense’ in June as cost of deposits rose: Raymond James’ Long
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDavid Long, Raymond…
This is not a credit driven cycle, it’s an income driven cycle, says Unlimited’s Bob Elliott
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailClosing Bell: OvertimeBob…