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banking industry
US Bank Profits Tumble 44 Percent in Fourth Quarter 2023
Net interest margin, which measures bank profitability, declined in the last quarter.
March 8, 2024
BY
Naveen Athrappully
Major Layoffs to Continue in 2024
Continuing the trend from 2023, more major layoffs are coming in 2024. Data collected by DemandSage show that ...
February 9, 2024
BY
Patricia Tolson
Old Glory Bank May Be More Necessary by the Day
Commentary After writing about the Old Glory Bank and referencing it again in an interview I did with ...
December 19, 2023
BY
Roger L. Simon
Troubled US Bank’s Ties to China Raise More Red Flags
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration ...
March 22, 2023
BY
Lee Smith
The Collapse of SVB Portends Real Dangers
Commentary Thus far in this three-year fiasco of mismanagement and corruption, we’ve avoided a financial crisis. That’s for ...
March 10, 2023
BY
Jeffrey A. Tucker
Seven Ways to Bank Smarter in the New Year
Every year people make new resolutions. Some want to lose weight, others have a specific goal they wish ...
December 20, 2022
BY
Anne Johnson
More Than Two-Thirds of Chinese Bankers Are Not Optimistic About China’s Economy: Survey
A new survey shows more than two-thirds of Chinese bankers are not optimistic about China’s current macroeconomic climate. ...
July 13, 2022
BY
Kathleen Li
European Banks Increase in Value Expecting Fed Interest Rate Hikes
European bank stocks have been on an upward trend since the third week of December following the announcement ...
January 7, 2022
BY
Naveen Athrappully
Australian Bank Fined $15 Million for Fraudulent Loan Scheme That Generated Billions in Revenue
The National Australia Bank (NAB)has received a $15 million fine from the Federal Court for its 19-year home ...
October 21, 2020
BY
Sophia Jiang
Australia’s CBA Chair Defends Claim She Raised Governance Concerns
SYDNEY—Commonwealth Bank of Australia's chairwoman on Nov. 21 defended her testimony to a financial sector inquiry that she ...
November 21, 2018
BY
Reuters
When Bank Regulation Becomes Absurd
Bank of America has announced that it will reduce 200 trading- and investment-related jobs.
October 25, 2015
BY
Christopher Coley
Britain Talks About Break-Up Law for Banks
British finance Minister George Osborne toughened official rhetoric concerning “too big to fail” banks. He told bankers that ...
February 5, 2013
BY
Valentin Schmid
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
2hr
By
Kimberly Hayek
Here’s Who Won Key House Primaries in Arizona
3hr
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
5hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
7hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
7hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
7hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
7hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
8hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
9hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
9hr
By
Jackson Richman
and
Nathan Worcester