Tag: banks
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Capital One bet big on Discover. Now it must prove the gamble was worth it
Tuesday evening’s second-quarter earnings report is the perfect stage to do just that.
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Shares of leading Indian private-sector banks slump 5% on weak earnings in June quarter
Shares of Indian private-sector lenders fell on Monday as they reported a sharp contraction of net interest margins during the June quarter earnings.
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Will gold prices extend their record-breaking run?
Predictions suggest the price of the precious metal will keep hitting new record highs as investors seek a safe bet in turbulent times. Some forecasts say prices could double within five years.
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Sen. Warren says Trump’s CFPB overhaul has cost Americans $26.5 billion
Sen. Elizabeth Warren says the Trump administration’s rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.
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Wall Street’s profit boom has Europe ripping up its banking rulebook
A major overhaul of Europe’s banking rules could provide a boost to the continent’s banking sector.
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Anthropic moves closer to mega-IPO as bankers line up investor meetings
Anthropic is lining up investor meetings ahead of a potential IPO as soon as October as the AI startup behind looks to beat rival OpenAI to the public markets.
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‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding
JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.
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Goldman Sachs’ Ruemmler to face House questioning on Jeffrey Epstein
Kathryn Ruemmler said earlier this year she would leave Goldman Sachs at the end of June after fallout over her emails with Jeffrey Epstein.
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Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter’s outsized results.
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Jim Cramer says concerns about AI market froth are overblown. Here’s why
CNBC’s Jim Cramer said today’s stock market is far less concerning than it was during the dot-com bubble.
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