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, 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 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
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
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
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
- 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
- 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
- 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