(Reuters) – Consumer lender Capital One Financial reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher income from borrowers following a rise in benchmark lending rates.…
By Chris Thomas and Sethuraman N R BENGALURU (Reuters) -Jio Financial Services (JFS) has been valued at around $20 billion after its stock price was set at a much higher-than-expected…
SEOUL (Reuters) – South Korea’s financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation against them amid concerns…
By Sinéad Carew (Reuters) – Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announced…
(Reuters) – Citizens Financial Group reported a second-quarter profit that beat Wall Street estimates as lenders’ net interest income rose in a high-interest-rate environment. The upbeat results follow a tumultuous…
SEOUL (Reuters) – South Korea’s central bank said on Monday there was a need to manage financial stability in addition to price risks as the country’s high household debts have…
Here Are Where The 2024 GOP Hopefuls Stand Amid Major Financial Deadline Mary Lou Masters on July 15, 2023 The second quarter fundraising reporting deadline is Saturday, and 2024 GOP…
HUDSON COUNTY, NJ – Hudson County Prosecutor’s Office Special Investigations Unit apprehended Anmerlene Demetroudis, a 59-year-old Guttenberg woman, on Wednesday. The arrest came in the wake of an investigation into…
WASHINGTON (Reuters) – Andrea Gacki, a veteran U.S. Treasury official who helped design Washington’s Russia sanctions strategy, has been appointed director of the department’s Financial Crimes Enforcement Network (FinCEN), Treasury…
(Reuters) – Faraday Future Intelligent Electric said on Tuesday its interim finance chief has resigned and the company will restate its financial statements for 2022 and the quarter ended March…
BEIJING (Reuters) – China’s central bank on Monday extended until the end of 2024 some policies in a November rescue package to shore up the real estate sector, with current…
By Jonathan Stempel (Reuters) – A former U.S. Army financial counselor from New Jersey was criminally charged on Friday with defrauding grieving military families out of life insurance payments, causing…
By Hadeel Al Sayegh DUBAI (Reuters) – U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft of other hedge funds including BlueCrest which have expanded to…
(Reuters) – Canada’s financial watchdog on Wednesday released new guidelines for lenders aimed at protecting mortgage holders facing high borrowing costs or who are at the risk of defaulting. The…
By Kevin Yao BEIJING (Reuters) – China’s appointment of financial technocrat Pan Gongsheng to a top political post at the central bank points to growing concerns within the country’s leadership…
By Michael S. Derby (Reuters) – The financial sector is taking the biggest bite out of U.S. economic activity since the nation was mired in the financial crisis over a…
By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge said Thursday that he would allow SVB Financial Group to sell its investment banking division, once the company has…
(Reuters) – Financial stability risk in the European Union remains at a “severe” level and the downturn in the housing market could become even more broad-based, the bloc’s financial risk…
BRIDGEWATER, N.J. – On Wednesday, June 14, Sanders J. Mishkin and Ronald Cusano, both 65 and from Lambertville, New Jersey, were arrested by the Somerset County Prosecutor’s Office Special Investigations…
(Reuters) – Tunisia’s President Kais Saied told the International Monetary Fund’s managing director that the fund’s conditions to provide financial support to the North African country risks sparking civil unrest,…
By Nivedita Balu and David Ljunggren TORONTO (Reuters) -Canada’s financial regulator on Tuesday said it was raising the amount of capital the country’s biggest lenders must hold as a stability…
LONDON(Reuters) – JPMorgan has made a strategic investment in Cleareye.ai, a financial technology firm focused on trade finance, the companies said on Tuesday. The parties, which entered into a commercial…
NEW DELHI (Reuters) – Most G20 member nations are of the view that banking systems and regulations in their countries are steady, India’s chief economic advisor said on Wednesday. “Most…
OTTAWA (Reuters) – Danielle Smith swore in as the premier of Canada’s main oil-producing province on Friday, promising financial support measures, tax cuts and a pledge to push back against…