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Banking (Industry)
Retail and commercial banks, lending, payments, deposits, and card networks.
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Latest in Banking (Industry)
Bank of America expects investment banking fees to fall 10% By Investing.com
4+ hour, 2+ min ago (185+ words) U.S. stocks end well off session lows as oil pares gains, countering slide in tech Oil pares gains on Iran diplomacy hopes, amid focus on key Saudi pipeline closure European stocks slide on AI safety warnings, Fed rate hike bets weigh…...
CVC Sets???26 Billion Initial Target For Europe / Americas Fund X
2+ hour, 44+ min ago (334+ words) CVC has set an initial target of €26 billion in fee-paying commitments for Europe / Americas Fund X as the private markets firm prepares for the next generation of its flagship private equity strategy. The final size of Fund X will depend…...
Mortgage Rates Top 7%, Buyers Gain Negotiating Room: Real Estate Insight from Rubino Ryder
2+ hour, 49+ min ago (15+ words) TAPinto...
Berlin sees slowdown of economic momentum early in Q3
11+ hour, 10+ min ago (113+ words) The Mighty 790 KFGO Berlin sees slowdown of economic momentum early in Q3 BERLIN, Sept 14 (Reuters) – Germany’s economic momentum slowed at the start of the third quarter, the economy ministry said in its monthly report on Monday, as a boom in energy-intensive…...
Inflation impacts small business in Tampa: 'Our profit margin is getting smaller and smaller"
2+ hour, 32+ min ago (312+ words) TAMPA, Fla. - A long-time burger restaurant in Tampa is fighting surging food costs and inflation. Since opening its doors in 2020, TNT Burger has earned a passionate local following thanks to its inventive menu items and an active social media presence....
Scotiabank commits more than $100B to fund Canadian businesses
1+ hour, 58+ min ago (224+ words) The Logic Canada's Business and Tech Newsroom The bank will spend the money over five years to support Canadian companies and projects that “will drive forward Canada’s economic growth agenda,” according to a release. (The Logic) Talking point: Scotiabank is…...
Mobile app experience can help retain fickle Gen Z cardholders
13+ hour, 41+ min ago (190+ words) Browse recent toolkits and resources curated by the EMARKETER team. Explore plans and subscriptions. The news: Mobile app experience is becoming a key differentiator in retaining younger cardholders, per a PYMNTS Intelligence and Elan report. Why this matters: Gen Z…...
Bank of England set for hawkish hold as inflation risks resurface, says UBS
7+ hour, 5+ min ago (302+ words) The Bank of England looks set to leave interest rates on hold on Thursday, but UBS reckons the real story is a shift in tone that makes a future rate rise look a lot less far-fetched than it did over…...
Homebuyers, Consumers About To Pay Even More As Key Indicator Reaches Grim Milestone | CDN
27+ min ago (290+ words) A key benchmark for borrowing costs across the U.S. economy crossed 5% Monday, reaching a level the instrument has not reached since October 2023. The 10-year Treasury yield rose above 5% Monday as investors confronted higher oil prices, persistent inflation and the prospect of…...
What will the Fed do now? | CDN
36+ min ago (820+ words) The Federal Open Market Committee meets Sept. 15–16 to determine the direction of interest rates. It can lower the federal funds rate, raise it, or leave it unchanged. What will the Fed do? President Trump, consumers, and businesses would like to…...