Banks – Page 6 – ReportWire

Investors Say a Six-Figure Bitcoin (BTC) Price Is Coming Soon

[ad_1] Steven Lubka, head of private clients and family offices at Swan Bitcoin said in recent remarks to CNBC, “Do I think we’ll be in the...

Banking5 months ago

How investors should play Wells Fargo stock after newly announced regulatory action

[ad_1] Wells Fargo’s latest regulatory hiccup isn’t a doomsday scenario. Shares of Wells Fargo on Friday clawed back some of the prior session’s decline. The stock...

Banking5 months ago

Don’t expect ‘immediate relief’ from the Federal Reserve’s first rate cut in years, economist says. Here’s why

[ad_1] Recent signs of cooling inflation are paving the way for the Federal Reserve to cut rates when it meets next week, which is welcome news...

Banking5 months ago

UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

[ad_1] UniCredit CEO Andrea Orcel during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty...

Banking5 months ago

Dutch neobank Bunq goes on hiring spree, targeting digital nomads, as other fintechs slash jobs

[ad_1] Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and underserved” market of some 2.8 million British “digital nomads.”...

Banking5 months ago

We should be concerned about U.S. banks and a capital adequacy of 9% is ‘dramatically low’: IDC

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Cyrus Daruwala of IDC Financial Insights says the arguments used by institutions...

Banking5 months ago

CNBC Daily Open: Looking past sticky core inflation

[ad_1] Prices are displayed in a store window in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty Images News | Getty...

Banking5 months ago

Solar stocks are winners from the presidential debate and we’ve got one primed to run

[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....

Banking5 months ago

Fed will cut rates by 25 basis points next week, says Neuberger Berman’s Steve Eisman

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Steve Eisman, Neuberger Berman senior portfolio manager, joins ‘Squawk Box’ to discuss...

Banking5 months ago

Commerzbank shares jump 19% after UniCredit buys 4.5% stake from the German government

[ad_1] A customer enters a Commerzbank AG bank branch in Berlin, Germany, on Tuesday, Aug. 6, 2024. Bloomberg | Bloomberg | Getty Images Commerzbank shares jumped...

Banking5 months ago

CNBC Daily Open: Lower rates might hurt banks

[ad_1] JP Morgan headquarters at Canary Wharf financial district at the heart of Canary Wharf financial district on 6th February 2024 in London, United Kingdom. Mike...

Banking5 months ago

CNBC Daily Open: Banks might not love lower rates unconditionally

[ad_1] JPMorgan signage outside a Chase bank branch in New York, US, on Thursday, Jan. 12, 2023. Stephanie Keith | Bloomberg | Getty Images This report...

Banking5 months ago

Be a buyer in an oversold condition of financials as it develops, says Strategas’ Chris Verrone

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Chris Verrone, Strategas Research Partners head of technical and macro research, joins...

Banking5 months ago

Bank stock woes hold back the overall market, but Starbucks’ new CEO is full steam ahead

[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of...

Banking5 months ago

Why a Wall Street downgrade of Costco is not a reason to sell the stock

[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 Tuesday’s key moments....

Banking5 months ago

JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses

[ad_1] Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024....

Banking5 months ago

Barclays CEO on growth targets: We expect investors to continue to appreciate what we’re doing

[ad_1] C.S. Venkatakrishnan, Barclays CEO, joins CNBC's 'Money Movers' to discuss Barclays three-year plan, his reaction to the Federal Reserve's newly unveiled regulation proposal, and more....

Banking5 months ago

Barr’s new capital requirements for banks is ‘a bit more’ than expected, says Wells Fargo’s Mayo

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mike Mayo, Wells Fargo Securities senior banking analyst, joins CNBC’s to discuss...

Banking5 months ago

Federal Reserve unveils toned-down banking regulations in victory for Wall Street

[ad_1] A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital...

Banking5 months ago

CNBC Daily Open: Did Apple’s shiny new things improve market sentiment?

[ad_1] New models of the Apple iPhone 16 are displayed after Apple’s “It’s Glowtime” event in Cupertino, California, September 9, 2024. Nic Coury | AFP |...