Banks – Page 8 – ReportWire

China’s new loans hit a 15-year low, but investors ‘should not panic’

[ad_1] A man counts 100 renminbi notes with the Chinese flag in the background. Sheldon Cooper | SOPA Images | LightRocket | Getty Images China’s new...

Banking6 months ago

Revenue generated by UBS comes from bank’s more volatile components, wealth manager says

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Street Signs Europe Bruno Verstraete, founder of Lakefield Wealth Management, discuss the...

Banking6 months ago

UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

[ad_1] Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that...

Banking6 months ago

China: Loan growth unlikely to pick up significantly if property market doesn’t find a bottom, strategist says

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jasmine Duan, senior investment strategist at RBC Wealth Management Asia says that...

Banking6 months ago

UBS posts $1.14 billion profit in second quarter, smashing expectations

[ad_1] General view of the UBS building in Manhattan, New York City, on June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News |...

Banking6 months ago

KeyCorp CEO on Scotiabank stake: Gives us a lot of strategic latitude

[ad_1] Chris Gorman, KeyCorp CEO, joins 'Money Movers' to discuss Scotiabank's stake in Keycorp, how Keycorp was able to get the financing it did, and what...

Banking6 months ago

Monetary policy is not enough to foster growth as we need federal investments: Illimity CEO

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Corrado Passera, CEO of Illimity, discusses the Italian bank’s half-year results and...

Banking6 months ago

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

[ad_1] JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a...

Banking6 months ago

Italy looks like fertile ground for a mega merger deal in banking

[ad_1] Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for...

Banking6 months ago

Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too

[ad_1] Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new...

Banking6 months ago

Jamie Dimon says he still sees a recession on the horizon

[ad_1] JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to...

Banking6 months ago

‘We would feel comfortable even if there are more rate cuts,’ says Commerzbank CFO

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Europe Commerzbank CFO Bettina Orlopp says the bank is in...

Banking6 months ago

No emergency rate cut ahead because economy isn’t that bad, says KBW CEO Tom Michaud

[ad_1] Tom Michaud, KBW, a Stifel Company, CEO, joins 'Fast Money' to talk bank stocks, interest rates, the economy and more. [ad_2] Source link

Banking6 months ago

Global markets show recovery after Monday rout | Bank Automation News

[ad_1] Global markets are calming today after suffering a rout on Monday on the heels of a weaker-than-expected jobs report in the United States, and the...

Finance6 months ago

Why did the stock markets fall? – MoneySense

[ad_1] Anxiety over the U.S. economy Despite some signs of cooling, the U.S. economy kept chugging along even with higher rates, outpacing Europe and Asia. Then...

Banking6 months ago

Banks hit by market sell-off: Here’s what investors should know

[ad_1] Macrae Sykes, Gabelli Funds portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the banking sector, impact of the market sell-off,...

Banking6 months ago

JPMorgan Chase is opening more small-town branches in middle America

[ad_1] Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim...

Banking6 months ago

Why Wells Fargo is the most attractive bank stock as the sell-off continues

[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 Monday’s key moments....

Banking6 months ago

23% of low-income Americans are living without a bank account

[ad_1] Sean Gladwell | Moment | Getty Images Even as many Americans go cashless, some don’t have the option to choose that lifestyle. About 6% of...

Banking6 months ago

Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank

[ad_1] Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first...