How the world’s largest asset manager is using nearly $28 billion of acquisitions to reinvent itself

BlackRock has been on a buying spree that will change the makeup of the world’s biggest…

Consumer Financial Protection Bureau staff told to work remotely as headquarters is shuttered

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press…

Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps

The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and…

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the…

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance |…

HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.

Branch of HSBC bank on 15th January 2024 in London, United Kingdom. HSBC Bank plc is…

Trump just took a shot at Bank of America. Here’s what he’s talking about

President Donald Trump on Thursday accused the CEOs of the two largest American banks of refusing…

Europe must ‘wake up’ and boost competitiveness — or risk falling behind in the Trump era, CEOs warn

European business chiefs on Tuesday warned that the region risks falling behind its U.S. and Asian…

CFPB fines Equifax $15 million over errors on credit reports

Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors…

Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

Citigroup shares jumped Wednesday after fourth-quarter earnings beat estimates on the top and bottom lines, reflecting…