US banks’ residential mortgages face mandates exceeding global standards – Bloomberg News
(Reuters) -U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with…
Business
Goldman Sachs CEO’s growth strategy gets traction with board-sources
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs’ board supports CEO David Solomon’s focus on its core…
White House partners with Amazon, Google, Best Buy to secure devices from cyberattacks
WASHINGTON (Reuters) – The White House on Tuesday along with companies such as Amazon.com Inc, Alphabet’s Google and Best Buy…
Canada defends digital taxes but sees path for global deal
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation…
US opens special probe into fatal Tesla crash
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators are opening a special crash investigation into a fatal accident in…
US bank shares jump on interest income and deals optimism, but outlook mixed
(Reuters) – Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing…
Morgan Stanley profit beats estimates on wealth, shares rise
By Tatiana Bautzer and Mehnaz Yasmin (Reuters) – Morgan Stanley’s profit beat estimates as growth in its wealth management business…
BofA profit surges on interest income, surprise investment banking gain
By Saeed Azhar and Manya Saini NEW YORK (Reuters) -Bank of America’s second-quarter profit beat Wall Street estimates as it…
United Airlines grapples with pilots avoiding the captain’s chair
By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines first officer Phil Anderson has turned down opportunities to be promoted…
Bank results lift stocks; Dow up for seventh straight session
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, partly boosted by a round of solid bank…