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Recent News Headlines : Bank Shares
JPMORGAN KICKS OFF EARNINGS SEASON WITH TAXES, REGULATION IN FOCUS
Watch lending and credit quality Chubak, Emanuel on a 'Murky' Bank Earnings Season On Friday morning, at 6 45 in New York, JPMorgan Chase Co... READ MORE›
U.S. STOCKS RISE, DOLLAR SLIPS AS OIL RALLIES
Treasuries held steady and the dollar fell versus the euro after wholesale-price data cooled inflation expectations... READ MORE›
CITIGROUP CFO SEES $20 BILLION HIT IF SENATE TAX BILL SIGNED
About 3 billion to 4 billion of the charge would come from the taxation of unremitted foreign earnings... READ MORE›
CHINA HOME SALES SET TO DROP IN 2018 AMID WAR ON BUBBLES
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world... READ MORE›
Trending News Headlines : Bank Shares
ARE AMERICANS HAPPY IT'S TRUMP, OR JUST HAPPY IT'S OVER?
For the first time since 2006, 37 percent of households said they expect their personal finances to improve in 2017... READ MORE›
A GERMAN BANK ACCIDENTALLY TRANSFERRED $5.4 BILLION TO FOUR OTHER BANKS
Germany's state-owned development bank KfW, which gained publicity for erroneously transferring hundreds of millions of euros to Lehman Brothers Holdings Inc... READ MORE›
JPMORGAN CHASE'S CEO, JAMIE DIMON, ON DETROIT'S REVIVAL
We're here in Detroit to look at what JPMorgan Chase has done with a five-year commitment to invest 100 million in the city... READ MORE›
TRUMP'S TRANSITION TEAM PLEDGES TO DISMANTLE DODD-FRANK ACT
Americans want to hold the big banks accountable, Warren said... READ MORE›
THE WORLD ECONOMIC ORDER IS COLLAPSING AND THIS TIME THERE SEEMS NO WAY OUT
The IMF is profoundly concerned, warning at last week's annual meeting in Peru of 3tn ?1.95tn of excess credit globally and weakening global economic growth... READ MORE›
THIS IS THE FIVE-WORD MESSAGE THAT GOT A CITIGROUP TRADER FIRED
Trader David Madaras his job as the bank fought to appease regulators probing the foreign-exchange scandal engulfing the industry... READ MORE›
BIG BANKS DECLARE WAR ON VENMO
Zelle and Venmo have a lot in common with one major exception... READ MORE›
JAPAN ONE OF THE WORLD'S MOST CASH-DEPENDENT COUNTRIES
Japan is one of the most cash-dependent countries in the world, according to a recent Bank of Japan report... READ MORE›
BANK VOTES 8-1 TO KEEP UK RATES AT RECORD LOW
UK interest rates have been held at 0.5 again by the Bank of England's Monetary Policy Committee MPC ... READ MORE›
WHY ARE WE LOOKING ON HELPLESSLY AS MARKETS CRASH ALL OVER THE WORLD?
A low oil price historically presages economic good times... READ MORE›
CANADIAN BORROWERS WAIT AND WONDER IF RATES WILL RISE TOMORROW
Whether or not central bank lifts interest rates, the impact of a rise is already in the market... READ MORE›
BANK PROFITS NEAR PRE-CRISIS PEAK IN U.S. DESPITE ALL THE RULES
Stocks of banks that suffered more severe damage in the crisis, such as Citigroup Inc... READ MORE›
DEUTSCHE BANK: HOW DID A BEAST OF THE BANKING WORLD GET INTO THIS MESS?
On the basis of the IMF's assessment, the consequences of a Deutsche Bank collapse could be worse than the signature event of the global banking crisis... READ MORE›
XIAOMI TO OPEN ONLINE US STORE
06 45 HSBC tax scandal BBC Radio 4 The Bank of England's Sir Jon Cunliffe was asked about HSBC on Today... READ MORE›
BOFA POSTS SOLID GROWTH BOOSTED BY TRADING, RATES
Revenue from trading activities, excluding special items, rose 21.2 percent to 4 billion, helped by a 29 percent increase in fixed-income trading revenue... READ MORE›
FED MINUTES POINT TO RATE HIKE 'RELATIVELY SOON'
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
LONDON HOUSES ARE SECOND MOST OVER-VALUED IN WORLD
Low-interest rate regimes across Europe have pushed prices in London, Stockholm, Munich and Zurich to record levels, after accounting for inflation... READ MORE›
BANK OF AMERICA BEATS ESTIMATES AS HIGHER RATES BOOST REVENUE
The bank's ratio of expenses to revenue was about 60 percent in the second quarter, down from 62.73 percent in the year-earlier period... READ MORE›
THE CREDIT CARD REWARDS WAR RAGES. ARE YOU THE LOSER?
Issuers have loaded up their high-end credit cards with travel perks and other rewards... READ MORE›
NEW LIFE IN U.S. HOUSING MARKET NOT EVIDENT IN BIG BANK RESULTS
Four major U.S. lenders reported an average 33 percent drop in second-quarter mortgage banking revenue on Friday, compared with the same quarter of last year... READ MORE›
BANK OF AMERICA HAS FILED DOZENS OF BLOCKCHAIN PATENTS
We are keenly focused on the fact that blockchain technology does not rely on central banks and traditional clearing houses, the spokesperson said... READ MORE›
HOW DEUTSCHE'S BIG BET ON WALL STREET TURNED TOXIC
A decade later, Deutsche bought Bankers Trust, paying 10 billion for the American bank and an estimated severance of 100 million to its chief executive... READ MORE›
WALL STREET STRATEGISTS ARE TAKING A VERY DIFFERENT TONE AFTER TRUMP'S WIN
Chief Economist Willem Buiter cautioned in August, using criteria of 2 percent global growth at market exchange rates to measure a contraction... READ MORE›
WHY YOU DON'T FEEL FED RATE HIKES IN YOUR BANK ACCOUNT
Interest rates for borrowers--on mortgages, auto loans, credit card debt--are mostly higher, but rates on some products have barely budged... READ MORE›
HERE ARE FIVE TAILWINDS SET TO BOOST THE GLOBAL MARKET RALLY
So far this year, equity long-short hedge fund managers haven't delivered market-beating returns either, according to strategists at the U.S. lender... READ MORE›
BANK OF AMERICA AGREES TO PAY EX-MERRILL LYNCH BROKERS $12.8 MILLION
As part of the settlement, the bank and Merrill Lynch did not admit or concede to any of the allegations made by the former advisers... READ MORE›
U.S. STOCKS PARE MONTHLY GAIN AS BANKS, CRUDE SLIP
Bloomberg's dollar index retreated, while the pound is increasingly being buffeted by conflicting projections of the general election outcome... READ MORE›
INDIA INVALIDATES LARGE BANK NOTES IN CRACKDOWN ON CRIME
It was one thing to bring back black money from banks abroad... READ MORE›
J.P. MORGAN FOUND HACKERS THROUGH BREACH OF CORPORATE EVENT WEBSITE
It said Hold Security began informing its clients of the breach around August, and JPMorgan officials then told Simmco Data... READ MORE›
WHY BARCLAYS CEO STALEY OPTED FOR WAR WHEN DIMON CHOSE SURRENDER
Jes Staley, Dimon's former deputy, is taking a more combative approach at Barclays Plc... READ MORE›