As online romance scams rise, banks ask for help to save victims billions
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis ...
Tag: Banks
Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail ...
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan ...
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 ...
NYCB shares whipsaw after bank picks new chairman, Moody’s downgrades bank’s credit to junk
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024.Bing Guan | Bloomberg ...
UBS beats earnings expectations, announces up to $1 billion share buyback
Fabrice Coffrini | Afp | Getty ImagesSwiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that ...
Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021.Hollie Adams ...
A Goldman Sachs-backed electricity firm is making a play to reach more Americans’ homes
Omar Marques | Lightrocket | Getty Images Goldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but ...
Top wealth manager Julius Baer caught in property write-off storm as CEO steps down
A pedestrian sheltering under an umbrella passes a Julius Baer Group Ltd. branch in Zurich, Switzerland, on Tuesday, July 13, ...
JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual ...
