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banking industry

  • US Bank Profits Tumble 44 Percent in Fourth Quarter 2023
    US Bank Profits Tumble 44 Percent in Fourth Quarter 2023
    Net interest margin, which measures bank profitability, declined in the last quarter.
    March 8, 2024BY Naveen Athrappully
  • Major Layoffs to Continue in 2024
    Major Layoffs to Continue in 2024
    Continuing the trend from 2023, more major layoffs are coming in 2024. Data collected by DemandSage show that ...
    February 9, 2024BY Patricia Tolson
  • Old Glory Bank May Be More Necessary by the Day
    Old Glory Bank May Be More Necessary by the Day
    Commentary After writing about the Old Glory Bank and referencing it again in an interview I did with ...
    December 19, 2023BY Roger L. Simon
  • Troubled US Bank’s Ties to China Raise More Red Flags
    Troubled US Bank’s Ties to China Raise More Red Flags
    The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration ...
    March 22, 2023BY Lee Smith
  • The Collapse of SVB Portends Real Dangers
    The Collapse of SVB Portends Real Dangers
    Commentary Thus far in this three-year fiasco of mismanagement and corruption, we’ve avoided a financial crisis. That’s for ...
    March 10, 2023BY Jeffrey A. Tucker
  • Seven Ways to Bank Smarter in the New Year
    Seven Ways to Bank Smarter in the New Year
    Every year people make new resolutions. Some want to lose weight, others have a specific goal they wish ...
    December 20, 2022BY Anne Johnson
  • More Than Two-Thirds of Chinese Bankers Are Not Optimistic About China’s Economy: Survey
    More Than Two-Thirds of Chinese Bankers Are Not Optimistic About China’s Economy: Survey
    A new survey shows more than two-thirds of Chinese bankers are not optimistic about China’s current macroeconomic climate. ...
    July 13, 2022BY Kathleen Li
  • European Banks Increase in Value Expecting Fed Interest Rate Hikes
    European Banks Increase in Value Expecting Fed Interest Rate Hikes
    European bank stocks have been on an upward trend since the third week of December following the announcement ...
    January 7, 2022BY Naveen Athrappully
  • Australian Bank Fined $15 Million for Fraudulent Loan Scheme That Generated Billions in Revenue
    Australian Bank Fined $15 Million for Fraudulent Loan Scheme That Generated Billions in Revenue
    The National Australia Bank (NAB)has received a $15 million fine from the Federal Court for its 19-year home ...
    October 21, 2020BY Sophia Jiang
  • Australia’s CBA Chair Defends Claim She Raised Governance Concerns
    Australia’s CBA Chair Defends Claim She Raised Governance Concerns
    SYDNEY—Commonwealth Bank of Australia's chairwoman on Nov. 21 defended her testimony to a financial sector inquiry that she ...
    November 21, 2018BY Reuters
  • When Bank Regulation Becomes Absurd
    When Bank Regulation Becomes Absurd
    Bank of America has announced that it will reduce 200 trading- and investment-related jobs.
    October 25, 2015BY Christopher Coley
  • Britain Talks About Break-Up Law for Banks
    Britain Talks About Break-Up Law for Banks
    British finance Minister George Osborne toughened official rhetoric concerning “too big to fail” banks. He told bankers that ...
    February 5, 2013BY Valentin Schmid
TOP NEWS
  • New White House Chief of Staff Imposes Restrictions on Meeting With Lobbyists
    1hr By Zachary Stieber
    New White House Chief of Staff Imposes Restrictions on Meeting With Lobbyists
  • Microsoft Outlook Emails Approaching Normal Levels After Outage, Company Says
    1hr By Jack Phillips
    Microsoft Outlook Emails Approaching Normal Levels After Outage, Company Says
  • Trump-Ordered Vaccine Safety Report Delayed Past Deadline
    1hr By Zachary Stieber
    Trump-Ordered Vaccine Safety Report Delayed Past Deadline
  • Global Oil Market Shows First Signs of Rebalancing as Gulf Exports Recover: IEA
    2hr By Evgenia Filimianova
    Global Oil Market Shows First Signs of Rebalancing as Gulf Exports Recover: IEA
  • Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
    3hr By Frank Fang
    Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
  • Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
    3hr By Andrew Moran
    Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
  • US Denies Iran’s Claim It Destroyed Radar in Bahrain
    3hr By Evgenia Filimianova
    US Denies Iran’s Claim It Destroyed Radar in Bahrain
  • IRS Collected Over $5.5 Trillion in Federal Taxes in 2026
    3hr By Naveen Athrappully
    IRS Collected Over $5.5 Trillion in Federal Taxes in 2026
  • Microsoft Reports Progress Fixing Global Outage Impacting Millions
    4hr By Chris Summers
    Microsoft Reports Progress Fixing Global Outage Impacting Millions
  • RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug
    5hr By Zachary Stieber
    RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug
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