
Banco do Brasil's net profit jumps nearly 30% in first quarter
SAO PAULO Brazilian state-controlled lender Banco do Brasil SA reported on Monday a 29% leap in first-quarter net
2023-05-16 06:21

US banking regulators open to mergers, but vow tougher rules
By Pete Schroeder WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future
2023-05-16 05:52

US regional bank shares bounce as debt ceiling overshadows crisis
By Chibuike Oguh and Niket Nishant (Reuters) -Shares of U.S. regional lenders rose on Monday, led by a rebound in
2023-05-16 05:51

Fed's Barkin not yet convinced inflation heading steadily lower
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced
2023-05-16 05:48

Fed’s Barr Wants More Oversight of Bank Executives’ Pay After SVB Collapse
The Federal Reserve’s top bank watchdog is calling for more oversight of how bank executives are compensated after
2023-05-16 05:47

Buffett-backed Nubank reports record revenue on steady user growth
Brazil's Nubank on Monday reported record revenue for the first-quarter as the digital bank benefited from steady growth
2023-05-16 05:24

Elon Musk Was Subpoenaed in JPMorgan Epstein Lawsuit by US Virgin Islands
Elon Musk was issued a subpoena by the US Virgin Islands in its lawsuit accusing JPMorgan Chase &
2023-05-16 05:19

Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
By Dietrich Knauth Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed
2023-05-16 05:18

Yellen Sticks With Warning US Could Run Out of Cash by June 1
Treasury Secretary Janet Yellen on Monday reiterated her warning that her department could run out of cash as
2023-05-16 04:56

US Plans to Buy 3 Million Barrels for Strategic Oil Reserve
The US is preparing to buy up to 3 million barrels of sour crude oil to begin refilling
2023-05-16 04:26

Biden Says He’ll Meet McCarthy Tuesday for Budget, Debt Limit Talks
House Speaker Kevin McCarthy said ongoing talks to avert a historic US default were yielding little progress, even
2023-05-16 02:51

Former Silicon Valley Bank chief Becker says interest rate hikes, social media sank firm
WASHINGTON Greg Becker, former CEO of collapsed lender Silicon Valley Bank, apologized in congressional testimony for what he
2023-05-16 01:52