Finance
Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are...
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HSBC appoints Georges Elhedery as group CEO starting Sept. 2
HSBC logo is displayed outside a branch of in the United Kingdom.Matt Cardy | Getty ImagesHSBC announced on Wednesday that...
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Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
An employee handles one kilogram of gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday,...
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Morgan Stanley beats estimates on better-than-expected trading and investment banking
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26,...
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China’s imports unexpectedly drop in June, but exports beat forecasts
PIctured here is the Qianwen container terminal in the port city of Qingdao, Shangdong, China on July 11, 2024. Cfoto |...
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Goldman Sachs tops estimates on better-than-expected fixed income trading
Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss...
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China reports second-quarter GDP growth of 4.7%, missing expectations
Chinese-made cars wait to be loaded onto a ship for export at Yantai Port on July 12, 2024, in Shandong...
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Wells Fargo shares tumble after net interest income falls short of estimates
Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded...
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JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting...
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Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers
Oscar Wong | Moment | Getty ImagesThere may be relief for the thousands of Americans whose savings have been locked...
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