The end of the era of interest-rate repression across most major economies has benefited banks immensely.
Among the stronger-performing regional stocks on Wednesday are Huntington ( HBAN ), +3.2%; Fifth Third ( FITB) +3.2%; Zions Bancorp ( ZION) +1.8%; First Citizens ( FCNCA) +2.6%; Truist Financial ( TFC ...
WASHINGTON (Reuters) -The completed merger between Capital One and Discover Financial weighed down bank profits in the second quarter, as the sector reported $69.9 billion in profits, down 1% from the ...
“I propose setting up a “High Level Committee on Banking for Viksit Bharat”, to comprehensively review the sector and align ...
The Finance Ministry is contemplating hiking foreign direct investment in public sector banks to 49% from the current 20%, a ...
While private banks saw modest gains, PSU lenders slipped after the Budget signalled continuity on capex and announced plans ...
Regional bank ETF jumps the most since November 2020 COVID-19 vaccine announcement. "We view these results as being favorable for the regional bank sector," JPMorgan analyst says of Trump's win.
OpenAI provided the underlying technology for roughly half of the banking AI use cases that disclosed vendor information.
The Secretary highlighted the Alliance’s growing role in strengthening key financial metrics of banks, particularly its ...
While presenting the 2026-27 Budget, Nirmala Sitharaman spoke about the strengths in the country’s banking sector — strong ...
Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. With the rise of challenger banks and an array of consolidation opportunities, the banking sector seems poised for ...
Economists and bankers say the primary reason for the slowdown in bank lending is stagnation in new investment ...
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