Banks – Page 16 – ReportWire

Why hundreds of U.S. banks may be at risk of failure

[ad_1] Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip...

Banking10 months ago

Why the Fed expects more bank failures

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Of about 4,000 U.S. banks analyzed by the Klaros Group, 282 banks...

Banking10 months ago

NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”

[ad_1] A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on...

Banking10 months ago

Jim Cramer: Buy Goldman Sachs on big dips because it’s willing to correct mistakes

[ad_1] CNBC’s Jim Cramer on Tuesday praised Goldman Sachs for its ability to course-correct after making mistakes, citing a new report about a possible exit of...

Banking10 months ago

HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire

[ad_1] The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on...

Banking10 months ago

Republic First Bank’s failure is not a sign of broader problems among regional banks: Analyst

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Smith of Autonomous Research discusses why he thinks Republic First Bank...

Banking10 months ago

Barclays swings back to profit in first quarter amid strategic overhaul

[ad_1] Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Barclays on Thursday reported first-quarter net income...

Banking10 months ago

Deutsche Bank shares up 6% after first-quarter profit beat, investment banking recovery

[ad_1] Deutsche Bank shares were 6% higher on Thursday afternoon after the German lender reported a 10% rise in first-quarter profit, beating expectations amid an ongoing...

Banking10 months ago

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

[ad_1] JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall...

Banking10 months ago

Expect Citigroup stock to double by the end of 2026, says Wells Fargo’s Mike Mayo

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mike Mayo, Wells Fargo senior bank analyst, joins ‘Squawk Box’ to discuss...

Banking10 months ago

Here are the portfolio’s top 5 performing stocks since the March Monthly Meeting

[ad_1] Stocks hit a rough patch after the Club’s March Monthly Meeting as Wall Street grappled with increasing odds of higher-for-longer interest rates. The S &...

Banking10 months ago

UBS chair says Swiss banking giant is not ‘too big to fail’

[ad_1] Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is “not too big to fail,”...

Banking10 months ago

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

[ad_1] Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned...

Banking10 months ago

Big banks are touting sweet CD yields in excess of 5%. Where you can find them

[ad_1] There are still some attractive yields to be found on certificates of deposits, including from some of the biggest banks in the U.S. For instance,...

Banking10 months ago

New Zealand finance minister: Interest rates aren’t going down until inflation ‘stickiness’ is reduced

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Nicola Willis, finance minister of New Zealand, discusses the country’s inflation forecast...

Banking10 months ago

The Fed doesn’t have an argument to cut rates this year, says Ares Head of Credit Kipp DeVeer

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Kipp DeVeer, head of Ares Credit Group, joins ‘Closing Bell Overtime’ to...

Banking10 months ago

Here are 4 quality names we brought more of in this week’s oversold stock market

[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments....

Banking10 months ago

Regional banks will dominate rest of earnings season this week. Here’s what analysts expect

[ad_1] Investors will parse through regional bank results this week to deliberate how to trade a sector that has been weighed down by the prospect of...

Banking10 months ago

Morgan Stanley and Bank of America: CFRA’s Ken Leon on key takeaways from big bank earnings

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ken Leon, CFRA director of equity research, joins ‘Squawk Box’ to discuss...

Banking10 months ago

Lagarde says ECB will cut rates soon, barring any major surprises; notes ‘extremely attentive’ to oil

[ad_1] European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to...