Chinese Banks Receive Support from Citi and UBS Following Goldman Sachs' Report
Chinese banks are drawing a growing list of defenders against Goldman Sachs…
Banking
Chinese Banks Maintain Unchanged Lending Rates Following PBOC's Pause
Chinese banks kept their benchmark lending rates unchanged on Thursday, in line…
Morgan Stanley Raises $6.75 Billion in Debt Sale Amid Bond Rush
Morgan Stanley added to the recent wave of bank bond sales in…
Fed Expected to Hike Rates to 22-Year Peak in Economist Poll
Most economists expect the Federal Reserve to lift interest rates one more…
Fed Imposes $186 Million Fine on Deutsche Bank for Control Lapses
Deutsche Bank AG will pay a $186 million penalty after a Federal…
Bank CEOs Voice Concerns Over Unseen New Regulations
Earnings season is officially underway, which means the CEOs of America’s…
Goldman Sachs Reports 58% Drop in Profits Amid Dealmaking Downturn
Goldman Sachs reports a 58% drop in quarterly profits as dealmaking activity slumps and the consumer lending retreat continues to weigh on results.…
BofA Reports Surging Profit Driven by Interest Income and Investment Banking Gain
Bank of America reports surging profits driven by higher interest income and investment banking gains, outperforming expectations in Q2 2023.…
Wall Street Banks Demonstrate Their Reign in Surveillance Report
What crisis?
It turns out that higher interest rates really are better…
ECB to Demand Weekly Liquidity Data from Banks Amid Increasing Scrutiny
The European Central Bank plans to substantially tighten how it monitors liquidity…
South African Inflation Returns to Central Bank's Desired Range
South Africa’s inflation rate fell below the central bank’s target…
UK Inflation Dips Below 8% for First Time in Over a Year
Britain’s inflation rate dropped to the lowest in 15 months, fueling…