(Reuters) – M&T Bank’s fourth-quarter profit plummeted 37% on Thursday, due to higher deposit costs and a special assessment fee the lender has to pay to refill a government deposit …
deposits
-
-
(Reuters) – Charles Schwab’s fourth-quarter profit fell 47% as bigger interest payments on its client deposits and debt dented gains from a jump in asset management fees, the brokerage reported …
-
By Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers are reviewing the interest the bank pays on government cash deposits, including a potential cut, to try and rein in …
-
By Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part to recoup some of the …
-
PERTH AMBOY, NJ – The Perth Amboy Police Department is alerting the community about an apartment rental scam that has defrauded multiple residents. Eridelbi Placencia, a 32-year-old resident of Perth …
-
By Iain Withers LONDON (Reuters) – A majority of large European banks reported a fall in deposits over the year to June 2023 as customers shopped around for better savings …
-
(Reuters) – Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits, the technology giant said on Wednesday. The deposit account, which …
-
SEOUL (Reuters) – South Korea will loosen loan regulations for homeowners having difficulty repaying “jeonse” deposits to tenants, for a year starting on Thursday, the financial regulator said. Jeonse refers …
-
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo are expected to extend their second-quarter decline as consumers keep …
-
SYDNEY (Reuters) – New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it said would strengthen and protect its financial system. The Deposit …
-
(Reuters) – Silicon Valley Bank’s customers in Asia whose deposits were recently seized by the U.S. Federal Deposit Insurance Corp (FDIC) are under pressure to repay loans to First Citizens …
-
(Reuters) – Deposits at all U.S. commercial banks slipped last week and overall credit provided by banks edged lower as well, Federal Reserve data released on Friday showed. Deposits in …
-
(Reuters) – Deposits at U.S. banks climbed in early May, ticking up from the lowest level in nearly two years while bank lending was little changed at a record level, …
-
(Reuters) – Deposits at commercial U.S. banks dipped in the week ended April 19, signaling no fresh worries about bank safety of the kind that drove sharp outflows in the …
-
(Reuters) – Deposits at all U.S. commercial banks dropped in the second week of April, though at smaller banks deposits held steady in a sign of stabilization in the financial …
-
By Mehnaz Yasmin and Niket Nishant (Reuters) – JPMorgan Chase & Co on Friday reported a surge in deposits in the first quarter, as the sudden collapse of two U.S. …
-
By Dan Burns (Reuters) – Deposits at U.S. commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the …
-
By Mike Dolan LONDON (Reuters) – Cash-like money funds could increasingly suck deposits from smaller U.S. banks until lagging bank savings rates are finally forced up to compete while the …
-
By Tatiana Bautzer and Nupur Anand LAS VEGAS (Reuters) – Mid-sized U.S. lenders are getting creative as they try to hang onto customer deposits after two bank failures rattled consumers …
-
ZURICH (Reuters) – Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit Suisse and UBS may have taken big …
-
(Reuters) – First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a …
-
By Tatiana Bautzer and Nupur Anand New York (Reuters) – As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading revenue and deposits are among …
-
Janet Yellen Says Government Won’t Offer ‘Blanket Insurance’ Of Bank Deposits Jason Cohen on March 22, 2023 Treasury Secretary Janet Yellen told lawmakers Wednesday that the Federal Deposit Insurance Corporation …
-
By Nupur Anand New YORK (Reuters) – JPMorgan Chase & Co analysts estimate that the “most vulnerable” U.S. banks are likely to have lost a total of about $1 trillion …
-
(Reuters) – Deposit flows in the U.S. banking system have stabilized in the last week after a historic run on deposits at Silicon Valley Bank prompted its collapse and forced …