Analysis-Boom in European bank earnings hints at a rally with legs
By Joice Alves LONDON (Reuters) – Europe’s banks, which enjoyed a stellar fourth-quarter that yielded a surge in earnings growth…
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Analysis-Competition hots up as British banks fight to keep earnings rising faster than costs
By Lawrence White, Iain Withers and Sinead Cruise LONDON (Reuters) – British banks face a tougher battle for mortgage customers…
Bank of America racked up $1.2 billion in penalties, settlements in 2022
By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp (BofA) amassed $1.2 billion in expenses for litigation and…
How to afford the big price tag of your lifetime ‘bucket list’
By Chris Taylor NEW YORK (Reuters) – Eytan Morgenstern is facing a very expensive dilemma. The 36-year-old public relations professional…
Exclusive: After multi-billion U.S. fund collapse, Germany’s Allianz eschews risk for safe bonds
By Tom Sims and John O’Donnell FRANKFURT (Reuters) – For years, Allianz, one of the world’s biggest investors, piled billions…
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to…
Analysis-Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
By David Randall NEW YORK (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that…
New York pension seek stricter climate emissions rules from bank portfolios
By Ross Kerber (Reuters) – Shareholder resolutions filed by New York City’s top pension official will ask top Wall Street…
U.S.-China friction stokes concern among some top finance bosses
LONDON (Reuters) – The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing…
Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for…