FDIC Seeks Buyers for $18.5 Billion of Signature Bank Loans Tied to Private Equity
The Federal Deposit Insurance Corp. launched the sale of an $18.5 billion loan portfolio from Signature Bank this
2023-07-29 03:19
Affirm CEO Sees Little Appetite in the US for Elon Musk’s Everything App
Elon Musk’s vision of an everything app that includes banking capabilities may not be what Americans are looking
2023-07-29 03:15
ECB Says Leveraged Loans Shown to Be Riskier in Banking Stress Test
The European Central Bank said a review of lenders’ leveraged finance exposures showed them to be riskier than
2023-07-29 01:52
Javice Prosecutors Seek Delay to JPMorgan's Civil Case Against Frank Founder
The US government wants to intervene in JPMorgan Chase & Co’s fraud lawsuit against Frank founder Charlie Javice,
2023-07-29 01:26
European Banks Improve Results in Stress Test That’s Key for Payouts
Most European banks emerged stronger from a stress test on how they would weather a sharp economic downturn,
2023-07-29 00:59
A Beach Club Dinner and Jamie Dimon’s Touch: How PacWest Was Rescued
PacWest Bancorp had borrowed its way into a corner. A smaller rival smelled an opportunity. And there was
2023-07-29 00:58
NatWest Reduces Profit Margin Guidance Amid Focus on Farage
NatWest Group Plc, the UK lender under the spotlight for closing Nigel Farage’s bank account, has trimmed its
2023-07-28 17:20
BBVA to Buy Back Up to €1 Billion of Shares as Profit Jumps
Banco Bilbao Vizcaya Argentaria SA reported earnings that beat estimates and said it would buy back as much
2023-07-28 14:21
Ex-NY Fed Economist Among Three Central Bankers Named by Erdogan
Turkish President Recep Tayyip Erdogan made some of the biggest moves in revamping his economic team by installing
2023-07-28 12:58
Standard Chartered Raises Income Forecast, Adds New Buyback
Standard Chartered Plc raised its forecasts for income growth for 2023 and added a new buyback program as
2023-07-28 12:52
The Former Banker Gambling on FanDuel’s American Dream
Peter Jackson bet big when the US overturned a ban on sports gambling. Flutter Entertainment Plc, the company
2023-07-28 12:17
Korea Ministry Says Credit Union That Spooked Markets Stabilized
The Korean regulator in charge of a federation of credit unions that’s grappled with delinquencies and withdrawals said
2023-07-28 10:52