Watch Fed Chair Powell testify live before Senate Banking Committee
Federal Reserve Chair Jerome Powell is back Thursday on Capitol Hill, offering to the Senate Banking Committee his second day ...
Tag: Banking
After Jeff Bezos unloaded $4 billion in Amazon stock, JPMorgan’s Jamie Dimon sold $150 million in shares—a first for the banking chief
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, ...
Digital banking giant Revolut is launching phone plans for travelers in the UK
Revolut is launching a travel eSIM plan in the U.K., in a rare move for a financial services firm.RevolutBritish financial ...
Societe Generale posts sharp profit drop as net banking income slides
A logo outside a Societe Generale SA bank branch in Paris, France.Bloomberg | Bloomberg | Getty ImagesSociete Generale on Thursday ...
India stock rally is no rocket science. Here’s why
India has been the fastest-growing major economy for the third successive year. Despite global headwinds, including geo-political realignment, India’s economy ...
Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane ...
UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’
Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January ...
Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking
James Gorman, chairman and chief executive of Morgan Stanley, speaks during the Global Financial Leader's Investment Summit in Hong Kong, ...
Fintech giant Revolut appoints new UK boss amid struggles to get banking license
Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesEuropean fintech firm Revolut on ...
What is shadow banking? Unpacking the risks for China
Pictured here are models of a real estate development in 2005 in Shanghai, as China's property boom was gathering steam.China ...
