Profits at Indian banks dented as RBI curbs retail loans
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Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...The Hill - 4d -
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giantsFinancial Times - 6d -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Stormers dent Sale's chances of qualification
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Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - Jan. 6
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Bank of Japan raises interest rates to ‘around’ 0.5%
Central bank signals more increases to come if GDP and price growth hit forecasts as it normalises monetary policyFinancial Times - 25m -
Luxury brands urge return of UK tax-free tourist shopping
Watch and jewellery companies report double-digit falls in sales to foreign visitors since measure was abolished post-BrexitFinancial Times - 1h -
Paris’s Rue de la Paix enjoys a high jewellery renaissance
The street’s fortunes are recovering as established flagships are joined by younger but ambitious brandsFinancial Times - 1h -
Indian jewellers build on diaspora to break into western markets
Cities such as London and New York have become springboards to reach buyers looking for cultural authenticityFinancial Times - 1h -
China unleashes record short-term funds ahead of lunar new year
Authorities try to pre-empt cash crunch that usually accompanies holiday but shy away from cut to reserve requirement ratioFinancial Times - 1h
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North Korea prepares to send more troops to Russia after suffering casualties, South Korea says
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Russia Brushes Off Trump's Threats on Ukraine
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Bank of Japan raises interest rates to ‘around’ 0.5%
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