Big US banks expected to be cautious on shareholder payoutsBig U.S. lenders brace for Fed stress tests evaluating capital resilience in economic hardships, impacting returns to investors amid challe...
25 Jun, 2024, 07.45 AM IST
Wall St loses steam as higher Treasury yields weigh, Nvidia erases gainsThe yield on the 10-year Treasury note scaled over 15-year highs after a brief pullback, dragging equities lower
22 Aug, 2023, 10.09 PM IST
S&P downgrades multiple US banks on growing liquidity worriesA sharp rise in interest rates by the U.S. Federal Reserve is fueling liquidity concerns as costs tied to funding deposits surge, the S&P s...
22 Aug, 2023, 05.12 PM IST
US bank stocks rebound, regional banking index hits 6-week highShares of major US banks and regional lenders rose on Tuesday, with the KBW Regional Banking index reaching its highest level since April. ...
06 Jun, 2023, 10.30 PM IST
Capital One shares up after billionaire investor Buffett's near $1 bln bet on bankAs of Monday, Capital One shares had lost around 8% so far this month, as financial stocks felt the effects of First Republic Bank's collap...
16 May, 2023, 07.21 PM IST
Why First Republic failed. Are other banks to follow?First Republic Bank, the second regional bank with assets over $200bn to fail in a few weeks after Silicon Valley Bank, was seized by the g...
02 May, 2023, 07.32 AM IST
US stock market: S&P 500, Dow slide after gloomy earnings led by TeslaThe S&P 500's rally to start the year is set to be tested by a first-quarter earnings season that investors expect to show tepid results. S...
21 Apr, 2023, 07.49 AM IST
JPMorgan, other big U.S. banks flooded with new clients post SVB collapse-FTThese banks are trying to accommodate these customers, including by taking extra steps to speed up the normal sign-up process, the FT said,...
14 Mar, 2023, 03.01 PM IST
BNP hires advisers to explore $15 bln Bank of the West sale - sourcesSources say JPMorgan and Goldman Sachs working with BNP, discussions are still at an early stage. PNC, Canada's RD and BMO are seen as pote...
15 Nov, 2021, 05.33 PM IST
IT firms rework business models in wake of automation, changing investor moodTop executives say that the next financial year is likely going to see changes in business models across all companies, with those unable t...
27 Feb, 2017, 08.53 AM IST
- Initial US jobless claims drop unexpectedly
The tally of newly laid-off people requesting jobless benefits fell last week, the government said Thursday, a sign that companies are cutt...
28 May, 2009, 07.45 PM IST
- Four US banks rush to repay taxpayers as TARP terms bite
Capital One Financial Corp, US Bancorp and BB&T Corp will sell shares to repay government bailout funds after stress tests showed the compa...
12 May, 2009, 12.00 AM IST
- Stress tests say Citi, BoA may need capital
Citigroup Inc and Bank of America Corp fell in New York trading on concern the companies may be forced by regulators to raise additional ca...
29 Apr, 2009, 12.27 AM IST
- MasterCard grows debit business with KeyBank deal
MasterCard Inc, the world's second-largest credit-card network, will launch a debit card with US regional bank KeyBank on Wednesday, in Mas...
04 Mar, 2009, 12.43 PM IST
- US seeks lending data from bailed out banks
The US Treasury, under pressure to revive lending, is demanding monthly reports from the banks that received the most capital from the gove...
21 Jan, 2009, 02.42 AM IST
- US govt buys $159 bn worth shares in 30 American banks
The US government, under its $700-billion bailout plan, has purchased shares in 30 American banks for a total of over $ 150 billion. Slowdo...
18 Nov, 2008, 07.59 PM IST
- 110 US banks have asked for $170B from bailout
At least 110 banks have requested more than $170 billion from the Treasury Department's rescue fund.
15 Nov, 2008, 12.49 PM IST