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Bank of America registers 6% Y/Y increase in Global Markets income in Q1 2023
Finances

Bank of America posts Global Markets income of $1.1bn for Q2 2023, up 9% Y/Y

Bank of America Corp (NYSE:BAC) has just released its financial report for the second quarter of 2023. Across all segments, net income rose 19% year-on-year

MetaQuotes adds support for ONNX models in MQL5
Finances

Napier to provide Transaction Screening solution to Starling Bank

London-based intelligent compliance technology company Napier has been selected as the Anti-Money Laundering (AML) and counter-terrorism financing (AML/CTF) technology platform of choice for British digital

Analysis-US bank trading and deposits in focus after rollercoaster month By Reuters
Finances

Deutsche Bank cuts China’s 2023 growth forecast to 5.3% By Reuters

© Reuters. FILE PHOTO: A worker stands on a metal structure in a shopping district in Beijing, China, July 14, 2023. REUTERS/Thomas Peter/ (Reuters) –

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

World Bank chief Banga unveils new plans to boost lending ‘firepower’ By Reuters

© Reuters. FILE PHOTO: World Bank President Ajay Banga looks on after his visit to Vidya Samiksha Kendra at Gandhinagar, India, July 16, 2023. REUTERS/Amit

Finances

S.Korea central bank warns of financial stability risk as debts rise By Reuters

© Reuters. FILE PHOTO-People walk on a zebra crossing in front of the buliding of Bank of Korea in Seoul, South Korea, July 14, 2016.

Unions Park Their Cash at This Bank. Will They Stick Around?
Finances

Unions Park Their Cash at This Bank. Will They Stick Around?

Amalgamated has big paper losses and a large number of uninsured deposits. Source link

U.S. bank deposits rise, lending falls in latest week: Fed
Finances

U.S. bank deposits rise, lending falls in latest week: Fed By Investing.com

© Reuters Invesitng.com — Bank deposits rose, but lending fell in the week ended July.5, the latest data from the Fed showed. Deposits at large

Santander expanding investment bank in US and UK, sources By Reuters
Stock Market

Santander expanding investment bank in US and UK, sources By Reuters

© Reuters. FILE PHOTO: The logo of Santander bank is seen outside a branch in Ronda, Spain, October 25, 2022. REUTERS/Jon Nazca By Jesús Aguado,

U.S. stocks mixed as rising yields pressure tech sector
Stock Market

U.S. stocks were rising as strong bank earnings lift Wall Street By Investing.com

© Reuters. Investing.com — U.S. stocks were rising after three big banks reported strong second-quarter profits. At 9:41 ET (13:41 GMT), the rose 160 points

IKEA completes sale of Russian factory to local firm By Reuters
Stock Market

StanChart to sell five sub-Saharan Africa businesses to Access Bank By Reuters

© Reuters. FILE PHOTO: A logo of Standard Chartered is displayed at its main branch in Hong Kong, China, Aug. 1, 2017. REUTERS/Bobby Yip/File Photo