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Tag: Banks

NYCB says it identified ‘material weakness’ in internal loan review controls, announces new CEO

NYCB says it identified ‘material weakness’ in internal loan review controls, announces new CEO

February 29, 2024February 29, 2024 · Banking

CNBC's Kate Rogers joins 'Closing Bell Overtime' with breaking news on two announcements from NYCB. Source link

Read more NYCB says it identified ‘material weakness’ in internal loan review controls, announces new CEO
Shares of NYCB fall more than 20% after bank discloses ‘internal controls’ issue, CEO change

Shares of NYCB fall more than 20% after bank discloses ‘internal controls’ issue, CEO change

February 29, 2024February 29, 2024 · Banking

A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images Shares of New York Community Bancorp fell more…

Read more Shares of NYCB fall more than 20% after bank discloses ‘internal controls’ issue, CEO change
Top financial innovations of the last 25 years – MoneySense

Top financial innovations of the last 25 years – MoneySense

February 27, 2024February 29, 2024 · Finance

17. 2011: Google released Google Wallet in the U.S., three years before Apple Pay even popped up on our iPhones. Over the next decade, Google tested many versions…

Read more Top financial innovations of the last 25 years – MoneySense
Jamie Dimon is unfazed by the  billion Capital One-Discover merger that could leapfrog JPMorgan: ‘Let them compete’

Jamie Dimon is unfazed by the $36 billion Capital One-Discover merger that could leapfrog JPMorgan: ‘Let them compete’

February 27, 2024February 27, 2024 · Business

The finance behemoth created by Capital One’s pending merger with Discover would immediately surpass credit card leader JP Morgan Chase, but CEO Jamie Dimon isn’t worried about the…

Read more Jamie Dimon is unfazed by the $36 billion Capital One-Discover merger that could leapfrog JPMorgan: ‘Let them compete’
Bank CEO shrugs off U.S. war on ‘woke’ capital, says ESG investing is good for business

Bank CEO shrugs off U.S. war on ‘woke’ capital, says ESG investing is good for business

February 26, 2024February 27, 2024 · Banking

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12, 2024. Ryan Lim |…

Read more Bank CEO shrugs off U.S. war on ‘woke’ capital, says ESG investing is good for business
U.S. commercial real estate debt crisis: Watch the smaller and regional banks, strategist says

U.S. commercial real estate debt crisis: Watch the smaller and regional banks, strategist says

February 26, 2024February 26, 2024 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Uma Moriarity, senior investment strategist at CenterSquare Investment Management, discusses the debt troubles in U.S.…

Read more U.S. commercial real estate debt crisis: Watch the smaller and regional banks, strategist says
Wells Fargo’s Mike Mayo offers his top bank stock picks

Wells Fargo’s Mike Mayo offers his top bank stock picks

February 26, 2024February 27, 2024 · Banking

Mike Mayo, Wells Fargo, joins 'Closing Bell' to discuss his top bank stock picks and sector outlook. Source link

Read more Wells Fargo’s Mike Mayo offers his top bank stock picks
Jamie Dimon is ‘cautious about everything’ as he sees risks to a soft landing

Jamie Dimon is ‘cautious about everything’ as he sees risks to a soft landing

February 26, 2024February 26, 2024 · Banking

JPMorgan Chase CEO Jamie Dimon thinks there’s a better-than-even chance that the U.S. is heading for a recession, though he doesn’t see systemic issues looming. Speaking Monday from…

Read more Jamie Dimon is ‘cautious about everything’ as he sees risks to a soft landing
JPMorgan CEO Jamie Dimon on state of the US economy, commercial real estate risks and AI hype

JPMorgan CEO Jamie Dimon on state of the US economy, commercial real estate risks and AI hype

February 26, 2024February 27, 2024 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jamie Dimon, JP Morgan Chairman and CEO, joins Halftime Report live to discuss the market,…

Read more JPMorgan CEO Jamie Dimon on state of the US economy, commercial real estate risks and AI hype
JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

February 26, 2024February 28, 2024 · Banking

The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don’t count JPMorgan Chase CEO Jamie Dimon among them. The Wall…

Read more JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’
Jamie Dimon on Capital One’s .3 billion Discover acquisition: ‘Let them compete’

Jamie Dimon on Capital One’s $35.3 billion Discover acquisition: ‘Let them compete’

February 26, 2024February 26, 2024 · Banking

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.…

Read more Jamie Dimon on Capital One’s $35.3 billion Discover acquisition: ‘Let them compete’
Suncorp CEO is ‘very confident’ in the company’s future as a pure-play insurer post ANZ deal

Suncorp CEO is ‘very confident’ in the company’s future as a pure-play insurer post ANZ deal

February 25, 2024February 26, 2024 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Steve Johnston, Suncorp’s Group CEO, says the company still has “work to do” to close…

Read more Suncorp CEO is ‘very confident’ in the company’s future as a pure-play insurer post ANZ deal
Former SEC Chairman Jay Clayton: The inability of banks to consolidate has been a negative

Former SEC Chairman Jay Clayton: The inability of banks to consolidate has been a negative

February 23, 2024February 23, 2024 · Banking

Former SEC Chairman Jay Clayton joins 'Squawk Box' to discuss Reddit's IPO decision, Capital One-Discovery deal, potential antitrust hurdles, 2024 race, and more. Source link

Read more Former SEC Chairman Jay Clayton: The inability of banks to consolidate has been a negative
German central bank losses soar, wiping out risk provisions

German central bank losses soar, wiping out risk provisions

February 23, 2024February 24, 2024 · Banking

Joachim Nagel, president of Deutsche Bundesbank, during the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024.  Bloomberg | Bloomberg | Getty…

Read more German central bank losses soar, wiping out risk provisions
Capital One’s acquisition has .4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

February 22, 2024February 22, 2024 · Banking

Capital One headquarters in McLean, Virginia on February 20, 2024.  Brendan Smialowski | AFP | Getty Images Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38…

Read more Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
Valley National Bank CEO on NYCB closure and dealings with regulators

Valley National Bank CEO on NYCB closure and dealings with regulators

February 22, 2024February 24, 2024 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ira Robbins, Valley National Bank chairman and CEO, joins ‘Power Lunch’ to discuss the chief…

Read more Valley National Bank CEO on NYCB closure and dealings with regulators
Deutsche Bank’s Mark Devries breaks down CFPB’s new late fee rule

Deutsche Bank’s Mark Devries breaks down CFPB’s new late fee rule

February 22, 2024February 24, 2024 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Exchange Mark Devries, Deutsche Bank research analyst, joins ‘The Exchange’ to discuss regulattion for…

Read more Deutsche Bank’s Mark Devries breaks down CFPB’s new late fee rule
Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

February 21, 2024February 21, 2024 · Banking

Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about…

Read more Here’s why Capital One is buying Discover in the biggest proposed merger of 2024
Bank of America CEO: 3 rate cuts this year will bring economy into equilibrium by the end of 2025

Bank of America CEO: 3 rate cuts this year will bring economy into equilibrium by the end of 2025

February 21, 2024February 22, 2024 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Leslie Picker and Bank of America CEO Brian Moynihan join ‘Squawk on the Street’…

Read more Bank of America CEO: 3 rate cuts this year will bring economy into equilibrium by the end of 2025
HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

February 20, 2024February 21, 2024 · Banking

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg…

Read more HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%
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