JPMorgan CEO Jamie Dimon opines on next US president without endorsing anyone
JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon has outlined his wish list of leadership skills that the next U.S. president should possess, but […]
Credit Agricole Q2 earnings beats estimates on record investment banking sales
Credit Agricole SA (CAGR.PA), opens new tab, France’s second-largest listed bank by market value, beat analyst estimates in the second quarter as its […]
Euro zone investor morale slumps in August, expectations plummet
Investor morale in the euro zone fell for a second consecutive month in August, a survey showed on Monday, dropping to its […]
China asks large state financial institutions to drop auditor PwC, say sources
Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for […]
Swiss franc hits highest vs euro since 2015 amid volatile markets
The Swiss franc rose to its highest level against the euro in nearly a decade on Monday as heavy losses in stock […]
UK regulator says push payment scams worth 341 mln pounds reported in 2023
A UK regulator on Thursday reported more than 252,000 cases of authorised push payment scams worth about 341 million pounds ($438 million) […]
Citi breached a rule meant to keep banks safe, made liquidity reporting errors
Citigroup (C.N), opens new tab repeatedly breached a U.S. Federal Reserve rule that limits intercompany transactions, leading to errors in its internal liquidity reporting, […]
Singapore’s UOB looking at North Asia opportunities as wealth earnings jump
Singapore’s United Overseas Bank (UOB) (UOBH.SI), opens new tab reported a 40% surge in wealth management income during the second quarter and said it […]
Mastercard allays spending concerns with profit beat
Mastercard (MA.N), opens new tab beat second-quarter profit expectations on Wednesday and said spending was holding up, reassuring investors worried about customers’ financial health […]
China’s Richest Man Risks Losing Crown After $13 Billion Wipeout
China’s richest man is at risk of losing the pole position he’s held for almost three years, with his wealth slipping the […]
France’s SocGen to buy 75% stake in energy-focused investment firm Reed Management
French bank Societe Generale (SOGN.PA), opens new tab said on Wednesday it had agreed to buy a 75% stake in Reed Management, an alternative […]
Mizuho posts 18% Q1 earnings increase, bolstered by Japan’s end to deflation
Japan’s third-largest lender by assets, Mizuho Financial Group (8411.T), opens new tab, reported an 18% growth in first-quarter profit on Wednesday as the […]