Banks
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Finance
Barclays shares sink 6% despite fourth-quarter profit hike as 2025 guidance fails to impress
Chris Ratcliffe | Bloomberg | Getty Images Shares of British bank Barclays sank in early Thursday trade, after the lender’s…
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Finance
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany,…
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Finance
CFPB’s new leadership begins staff purge with dozens of employees terminated
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the…
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Finance
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve…
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Finance
Zelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including PayPal
Zelle icon displayed on a phone screen and Zelle logo displayed on a screen in the background are seen in…
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Finance
CFPB heads of supervision and enforcement announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a…
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Finance
Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty…
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Finance
Consumer Financial Protection Bureau staff told to ‘stand down’ from all work
Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White…
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Finance
Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks. In…
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Finance
Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. …
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