Short Sellers Maintain Bearish Stance on Regional Banks Despite Improved Sentiment
Bets against regional banks continue to pile on even as the sector…
Banking
Dimon, Fraser, and Other Bank CEOs to Hold Meeting with Schumer on Debt Limit
Senate Majority Leader Chuck Schumer will meet with top executives of the…
IFC-Backed Federal Bank Aims to Secure Funds of Up to $486 Million
Federal Bank Ltd., the Indian bank backed by the International Finance Corp.…
Western Alliance's Growing Deposits Propel Regional Bank Stocks to Soar
Regional bank stocks surged on Wednesday after Western Alliance reported that customer…
Excessive CEO Pay Blamed by Senators for Failures of Regional Banks
US senators hammered former executives of recently collapsed Silicon Valley Bank and…
UBS Forecasts $17 Billion Expense from Proposed Credit Suisse Merger
UBS Group AG (SIX:UBSG) has said it could stand to lose…
JPMorgan and Barclays Invest $4.5 Billion in Wefox, the Insurance Tech Powerhouse
German digital insurer Wefox said Wednesday it raised $110 million of fresh…
Australian Banks Introduce Cutting-Edge Scam-Busting Tool for Enhanced Financial Security
Falling victim to fraud may soon be a thing of the past…
Morgan Stanley Contemplating Expanded Layoffs Amid Ongoing Banking Worries
Investment banking behemoth Morgan Stanley is said to be weighing up job…
Argentina Raises Interest Rate to 97% in Battle Against Inflation
The Central Bank of Argentina raised its key interest rate Monday by…
Fed's Rates Not Restrictive Enough, States Mester
The Federal Reserve has yet to reach a point where interest rates…
Indian Banking System Demonstrates Resilience Amidst Global Banking Crisis
In March 2023, soon after the collapse of US-based tech industry-oriented Silicon…