Tag: Banking
Major U.S. Banks Report Robust Earnings Amid Higher Interest Rates and...
Major U.S. banks, including JPMorgan, Wells Fargo, Citigroup, and PNC Financial Services, reported robust earnings on Friday, driven in part by higher interest rates,...
Indian State-Owned Banks Contemplate Reduced Bond Purchases Amid Tightening Liquidity
Indian state-owned banks are poised to reduce their purchases of government bonds as concerns mount over tightening liquidity in the country's banking system. This...
Scotiabank and Sun Life Financial’s Asset Management Division Partner to Expand...
Bank of Nova Scotia (Scotiabank) and Sun Life Financial's asset-management division, SLC Management, have entered into a partnership aimed at capitalizing on the growing...
Challenges and Opportunities: Metro Bank’s Quest for Financial Stability
Metro Bank, a British retail bank, has recently found itself in the spotlight as it seeks solutions to address a series of challenges that...
ECB’s Strategic Embrace of AI: Enhancing Inflation Understanding and Communication
The European Central Bank (ECB) is embarking on a transformative journey into the realm of artificial intelligence (AI) to enhance its understanding of inflation...
Banking Consortium Aims to Standardize Disclosure Reporting for Enhanced Transparency
Goldman Sachs, HSBC, Barclays, BNP Paribas, and another undisclosed bank are forming a consortium to adopt a common global approach to disclosing clients' stock...
Bank of Montreal Shifts Focus as it Winds Down Auto Finance...
Bank of Montreal (BMO) has made a strategic decision to wind down its indirect retail auto finance business, a move that will lead to...
Bank of England Policymaker Catherine Mann Advocates for Continued Interest Rate...
In a recent speech, Catherine Mann, a prominent policymaker at the Bank of England (BoE), emphasized the need for the central bank to continue...
Pickering Energy Partners Expands Investment Banking Team with Seasoned Barclays Veterans
Houston, Texas: Pickering Energy Partners (PEP) has taken a significant step in bolstering its investment banking practice by welcoming a team led by Managing...
JPMorgan Solidifies Position in Brazilian Fintech Landscape with Increased Stake in...
JPMorgan Chase & Co., a global financial powerhouse, has taken a strategic step to deepen its presence in the Brazilian fintech sector by bolstering...












