Commerzbank's management has discussed how to keep the German lender independent, exploring defence strategies to resist a potential bid from
September 11, 2024
UniCredit's purchase of a stake in Commerzbank has fuelled speculation about further European banking consolidation, after this year's hostile
September 11, 2024
Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted profits, allowing them to pay out bigger returns to shareholders compared with
September 11, 2024
UniCredit's purchase of a 9% stake in Commerzbank has raised the prospect of a merger which has long been considered a natural option for the Italian lender, which entered the German
September 11, 2024
Private equity firm EQT is exploring a sale of its majority stake in Banking Circle, hoping any deal would value the payments processor at
September 11, 2024
An Atlanta-based venture capital fund on Wednesday agreed to stop operating a program that awarded grants to small businesses run by Black women to settle a lawsuit by an
September 11, 2024
The Federal Reserve's regulatory chief on Tuesday outlined major revisions to the Basel Endgame draft rule hiking bank capital, following intense industry pushback.
September 11, 2024
India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country's tough regulatory stance and steep trading taxes, a report from
September 11, 2024
Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board meets next week, two people with knowledge
September 11, 2024
Wild comeback: Dow bounce erases 700-point one-day dip
September 11, 2024
The U.S. Postal Service is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers
September 11, 2024
Losses from Hurricane Francine are expected to remain in the low single-digit billions for the insurance industry and should be highly manageable, according to a preliminary estimate from
September 11, 2024
Debate over the Federal Reserve's independence is bubbling up again and could become a red-hot issue for market watchers if Donald Trump wins the Nov.
September 11, 2024
A top Nippon Steel executive and U.S.
September 11, 2024
Former cryptocurrency executive Caroline Ellison urged a federal judge not to send her to prison after she pleaded guilty over her role in the theft of $8 billion from
September 11, 2024
A number of U.S. business groups on Wednesday sounded the alarm that the Biden administration's national security review of Nippon Steel's planned $14.9 billion acquisition of U.S.
September 11, 2024
Harland & Wolff said on Wednesday its finance chief Arun Raman has resigned from the beleaguered British shipbuilder, which is struggling to stay in business.
September 11, 2024
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction, as they seek to reduce the odds of a recession
September 11, 2024
In a split decision, a federal appeals court on Tuesday ruled in favor of Wall Street's top regulator, finding the agency was within its rights to rescind parts of
September 10, 2024
Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts
September 11, 2024
The Bank of England will keep its main interest rate at 5.00% next week but reduce it in November even though inflation is expected to stay above the
September 11, 2024
TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million for repeatedly sharing inaccurate, negative information about its customers with credit
September 11, 2024
JPMorgan Chase wants to grow its Swiss corporate banking business and hopes to use blockchain services to help gain clients, an executive at the U.S. bank said.
September 11, 2024
Frontier expects its third-quarter margins to improve compared to its prior forecast as capacity cuts offset the impact of moderating domestic travel demand, the no-frills U.S. carrier said
September 11, 2024
U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut
September 11, 2024
BOJ brings yen into sharper focus
Donald Trump says Jews will be partly to blame if he loses election
BOJ tankan expected to show big manufacturers' mood steady: Reuters poll
Biden, 'Quad' leaders to talk maritime security as China tensions grow
Rodgers sparkles in his first home start since his injury to lead Jets to 24-3 win over Patriots
Dodgers clinch 12th straight playoff berth on Shohei Ohtani's historic night
Diana Taurasi closes out what could be final home game of her 20-year career