Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein…

SBI won’t get into a rate war amid fight for deposits, says new chief

But Setty does not rule out tweaking in rates for one- to two-year deposit buckets Source…

UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images ZURICH,…

Italy looks like fertile ground for a mega merger deal in banking

Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty…

Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska…

YES Bank Q1 Results Live: Profit at ₹502.43 crore, up 47% YoY

YES Bank Q1 Results Live: Private lender Yes Bank is set to report its first quarter…

CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers

Rohit Chopra, director of the Consumer Financial Protection Bureau, during a House Financial Services Committee hearing…

Citigroup tops expectations for profit and revenue on strong Wall Street results

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California,…

JPMorgan Chase tops second-quarter revenue expectations on strong investment banking

JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts’ expectations as investment banking…

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

When Natasha Craft first got a Yotta banking account in 2021, she loved using it so…