Summary Bank of America, JPMorgan, and Citi seen upping capital buffers Higher capital buffer leaves less cash for buybacks, dividends Wells buffer seen unchanged, Discover Financial improves most S&P financial ...
The U.S Federal Reserve is expected to announce the results of its annual bank health checks on Thursday. Under the "stress test" exercise, the Fed analyzes banks' balance sheets against ...
Bank of America and Citi have joined JP Morgan, Credit Suisse, Morgan Stanley, Moody’s Analytics, Goldman Sachs, and Wells Fargo to launch an independent company, Octaura. Octaura’s primary goal is ...
Private equity firm Carlyle Group Inc (CG.O) informed reporters on May 9 that it had decided to buy U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group ...
Massive stakes in Germany's two top banks - Deutsche Bank (DBKGn.DE) and Commerzbank (CBKG.DE) – were sold by U.S. investor Capital Group, dealing a significant blow to both lenders as ...
A sharp decline in first-quarter earnings is expected to be reported by big U.S. banks compared to a year ago when they benefited from exceptionally massive trading activities, strong deal-making, ...
When it twice failed to properly retire some of its older information technology, Morgan Stanley (MS.N) customers who said the Wall Street bank exposed their personal data filed a lawsuit. ...
In its China Fortune brokerage joint venture in China, Morgan Stanley (MS.N) is set to increase its stake by 4.06% to 94%, putting it back on track to take full ...
Shares of digital lender Nubank's (NU.N), in their stock market debut on December 9, opened 25% above the offer price giving the company a market capitalization of nearly $52 billion, ...
United States fund KKR’s proposal to acquire Telecom Italia (TIM) comprises of a letter of commitment by JPMorgan to support the 45 billion euros ($51 billion) financing that is required ...
