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US fintech firm Broadridge to boost India headcount by 26% in 3 years, top executive saysThe fintech firm plans to sell its products soon via an acquisition strategy, said India's managing director, Sheenam Ohrie. She expects mo...23 Jan, 2025, 04.26 PM IST- US regulators hit more Wall Street firms with record-keeping finesThe Commodity Futures Trading Commission separately fined affiliates of five of the same group another $260 million for related issues: Wel...08 Aug, 2023, 08.12 PM IST
- First Republic shares plunge 40% as $100 billion deposit flight jolts investorsFirst Republic Bank has registered a deposit outflow of over $100bn in the wake of the biggest crisis to affect the banking sector since 20...25 Apr, 2023, 11.50 PM IST
- Morgan Stanley reports 11% decline in profits in March quarter due to deal-making, mortgages slowdownMorgan Stanley and other big banks reported a noticeable decline in profit in the first quarter. Morgan Stanley quarterly result shows an 1...14 Apr, 2022, 09.56 PM IST
- Wall Street closes down, Fed speakers put rate hikes in focusSeveral Fed officials spoke publicly about battling high inflation with Lael Brainard the latest, and most senior, U.S. central banker sign...14 Jan, 2022, 08.14 AM IST
- After US bank stock surge, options traders brace for earnings-fueled volatilityJPMorgan shares, for instance, have slipped for five straight quarters on the day it reported results. Shares of Citi and Wells Fargo have ...12 Jan, 2022, 07.39 AM IST
- Charlie Munger calls out Robinhood, other brokers for ‘dirty’ moneyCharlie Munger took aim at trends including the Reddit-induced boom in stocks such as GameStop Corp. and the growth in SPACs, or special pu...25 Feb, 2021, 10.45 AM IST
- New risk rule could end up punishing wrong banksThe quirk is the result of risk weighting, the mathematical models that treat trading assets as safer than corporate or consumer lending.26 Mar, 2015, 10.21 AM IST
- The BRICs are fizzling outBRIC nations have problems, investors are hesitant to really jump in. Brazil and Russia are suffering from oil problems, while China is slo...11 Dec, 2014, 02.37 PM IST
- Warren Buffett’s Berkshire Hathaway Q2 profit beats estimatesWarren Buffett’s Berkshire Hathaway posted second-quarter profit that beat analysts’ estimates on gains at insurance units.06 Aug, 2012, 12.42 PM IST
- Brokers flee brokerages as falling assets show broken modelOver 7,300 brokers have left the four biggest brokerages from 2009 till June this year either due to internal clashes post mergers or to jo...27 Oct, 2010, 12.23 AM IST
- Feds push Citigroup, Wells Fargo on Wachovia dealFederal officials continued their fervent quest to reach an agreement between Citigroup and Wells Fargo over the fate of Wachovia Corp. Top...09 Oct, 2008, 06.32 AM IST
- Wachovia, Citigroup, Wells Fargo extend litigation haltCitigroup and Wells Fargo have agreed to extend their legal standstill in the fight for Wachovia until Friday morning. Top US bank failures...09 Oct, 2008, 12.20 AM IST
- Analyst says Wachovia bids could come at a costA resolution likely hinges in large part on the ultimate cost to the government and American taxpayers.08 Oct, 2008, 06.25 AM IST
- Court tilts Wachovia fight toward Wells FargoThe battle for control of troubled bank Wachovia tilted toward Wells Fargo on Sunday as a federal judge temporarily block a New York state ...06 Oct, 2008, 06.43 AM IST
- Citi keeps Wachovia bid alive with a court orderCitigroup said a New York state court judge granted an order extending the bank’s “exclusivity agreement” with Wachovia, after Wells Fargo ...06 Oct, 2008, 01.51 AM IST
- Buffett sees no bank panic, but expects more lossesWarren Buffett on Sunday said he does not expect financial markets to panic as write-downs and losses for bad debts mount in the financial ...05 May, 2008, 01.51 AM IST
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