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
S&P 500 ends near record high as AI optimism lifts chipmakersU.S. stocks ended sharply up on Thursday, with the S&P 500 approaching record highs as AI optimism drove gains in Nvidia and other chipmake...
19 Jan, 2024, 07.49 AM IST
S&P 500, Nasdaq climb as chips, megacaps jumpAt 9:39 a.m. ET, the Dow Jones Industrial Average was down 84.05 points, or 0.23%, at 37,182.62, the S&P 500 was up 17.71 points, or 0.37%,...
18 Jan, 2024, 09.40 PM IST
Wall Street ends topsy-turvy day marginally upInvestors have been cautious in the opening sessions of 2024, as they awaited further clarity on when interest rate cuts will begin, and ho...
06 Jan, 2024, 09.34 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
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
PacWest, Western Alliance stocks plunge as US regional banking woes worsenFirst Republic's collapse, the third major casualty of the biggest crisis to hit the U.S. banking sector since 2008, rekindled a slide in s...
05 May, 2023, 12.57 AM IST
PacWest, Western Alliance shares tumble as US regional bank fears persistJPMorgan Chase agreed on Monday to acquire a majority of First Republic's assets in a $10.6 billion deal after regulators seized the lender...
03 May, 2023, 08.11 AM 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
US mid-tier lenders gain on SVB deal, hopes of more govt supportMarket worries eased on Monday as First Citizens BancShares agreed to buy failed SVB in a deal in which unit First-Citizens Bank & Trust Co...
27 Mar, 2023, 07.24 PM IST
European equities dive on fears of US banking crisisShares in First Republic Bank tumbled 65 percent, PacWest Bancorp 35 percent, Comerica 33 percent and KeyCorp 23 percent as trading got und...
13 Mar, 2023, 07.51 PM IST
Wall Street Week Ahead: Investors shelter in US regional banks as Fed hikes loomRegional banks make a hefty chunk of their revenues from net interest margins, boosting their appeal as investors increasingly expect the F...
22 Jan, 2022, 03.15 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
- JPMorgan leads $22 bn rise in payouts, buybacks after review
US bank investors may be rewarded with an extra $22 billion annually after government tests showed the industry has regained enough strengt...
21 Mar, 2011, 04.27 AM IST
- US treasury begins dishing out financial rescue funds
The US government will start doling out $125 billion to nine major banks this week. Stocks 52 Week: High, Low | Daily: Gainers, Losers | Ma...
27 Oct, 2008, 10.08 PM IST