A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance |…
Tag: Banks
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…
Attention borrowers! RBI’s FAQ clarifies banks must offer fixed interest rate for all personal loans with EMIs | Mint
The Reserve Bank of India (RBI) on January 10 said it is mandatory for banks to…
Michael Barr to step down as the Fed’s head of banking supervision to avoid clash with Trump
The Federal Reserve’s top banking regulator will be stepping down next month, paving the way for…
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank…