/cloudfront-us-east-2.images.arcpublishing.com/reuters/LSLYFYDIKRORVAF5KVURYLEZB4.jpg)
SINGAPORE, Nov 6 (Reuters) – Singapore’s biggest bank DBS Group (DBSM.SI) reported on Monday a 18% jump in net profit in the third quarter from a year earlier as total income grew on higher interest margin and commercial book non-interest income. DBS, which is also Southeast Asia’s largest lender by assets, said July-September net profit … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6FZA4ZDHIZMBBJY2A7FGKIQVHI.jpg)
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience – Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing Rights Nov 1 (Reuters) … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ADKORB45AVLXZFAZ5O6F5VEQ74.jpg)
Nov 1 (Reuters) – The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank (FRCB.PK), raising the prospect of stiff penalties for the failed bank’s former bosses. “We can confirm a D&O probe into First Republic is taking place,” a spokesperson told Reuters on Wednesday, referring … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/USGVTLYYTJKH3LXRGH63PEB6VM.jpg)
JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer that was reportedly about the possibility of the U.S. defaulting on its debt, outside the U.S. Capitol in Washington, U.S., May 17, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing Rights Oct 27 … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/E3RNDNGDQ5JXHBEDB5A4TO2GG4.jpg)
Oct 25 (Reuters) – Morgan Stanley’s (MS.N) Ted Pick won the race to succeed long-time CEO James Gorman and on Wednesday promised to stick to the blue chip Wall Street firm’s strategy as it navigates a deal-making slump and uncertain economic outlook. The investment bank said Gorman, who has held the top job since 2010 … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/IONPJI5MRJLEXN6CQIXFALHODU.jpg)
A Santander company logo is pictured at the company’s headquarters in Boadilla del Monte, outside Madrid, Spain, February 2, 2023. REUTERS/Violeta Santos Moura Acquire Licensing Rights Q3 profit up 20% to 2.9 bln euros vs forecast 2.77 bln euros Net interest income up 11.6% y/y in Q3, above expectations Botin confident will meet 2023 targets, … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/QRZ7BAH6INLS7HHI5BVZA72FTY.jpg)
LONDON, Oct 22 (Reuters) – A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove its worth. A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/3ASPBPLMD5J3NAVU7JATYUKBTY.jpg)
The logo of Dow Jones Industrial Average stock market index listed company American Express (AXP) is seen in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Oct 20 (Reuters) – Credit card giant American Express (AXP.N) on Friday reported third-quarter profit that beat expectations, helped by resilient spending from … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/5GLZTIDI7FOZLD5YUX5XDPBBL4.jpg)
The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Oct 19 (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/LFBGWY3GZJLHDFHSQCLPWCG73E.jpg)
Logo of Swiss manufacturer Schindler is seen at an elevator in Zurich, Switzerland February 17, 2021. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights Expects 2023 net profit at 880 mln-910 mln francs Expects 2023 revenue growth of 6%-8% Shares seen up 1.4% in Julius Baer pre-market Q3 net profit at 228 mln francs Oct 19 (Reuters) … Read more