Tagged With Banks

Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold


1 in 9 Australians have frozen their mortgage, but few are ready to restart repayments on $195 billion worth of debt anytime soon


Europe's banks could take a $947 billion hit in a post-pandemic worst-case scenario, consultancy Oliver Wyman says



Credit Suisse posts a 24% jump in second-quarter net profits and shakes up its investment-banking division


Barclays profits plunge 66% for the first half of 2020 as it sets aside $4.7 billion to brace for pandemic pain


We've been tracking big hires and exits across Wall Street. Here's a look at 2020's must-know people moves and recruiting trends.



Australia's banks are unlikely to recover their pre-coronavirus earnings, according to a new S&P report


Morgan Stanley reports 30% rise in revenue to $13 billion for the second-quarter, shattering analyst estimates


Dow surges 557 points as traders weigh bank earnings and spiking virus cases


Citigroup reports 2nd quarter earnings that beat revenue and profit expectations on strong trading


Fed suspends share buybacks and limits dividends for big banks after stress test results


Bank stocks surge after regulators ease financial crisis-era Volcker Rule



US banks have seen a record $2 trillion surge of deposits since the coronavirus crisis began


Wirecard stock plummets 37% after the payments firm says $2 billion in missing cash likely doesn't exist


3 months ago, Australia's big banks started freezing $176 billion worth of mortgages. Now they've begun to thaw.


One of Visa's top executives says we'll never go back to using cash in the same way post COVID-19



Bank profits slouched 70% in the first quarter as lenders set aside billions for default protection


Former Citigroup CEO touts Morgan Stanley, Charles Schwab as 'really very good buys' for a financial-sector rebound


What's next for the banks and office spaces along London's Canary Wharf as the city reopens after lockdown


Wells Fargo slides 8% after CFO warns more profits will be diverted to loan-loss provisions