US bank profits shrink on higher deposit costs
In recent news, it has been reported that US bank profits are shrinking due to higher deposit costs. This is...
The Booker Prize-winning author dissects his tale of global conflicts and tyranny
Kazuo Ishiguro, the acclaimed author of novels such as "Never Let Me Go" and "The Remains of the Day," has...
Iran’s president says an Israeli air strike that killed officers in Syria will not be unanswered
Iran’s President Hassan Rouhani has vowed that Iran will not leave the recent Israeli air strike on Syrian military personnel...
US equity funds see big outflows on rate-cut uncertainty
US equity funds see big outflows on rate-cut uncertainty The US equity market has been experiencing significant outflows from equity...
‘Nazis out!’ Hundreds of thousands protest against Germany’s far right
Hundreds of thousands of people took to the streets of Berlin this weekend to protest against the far-right political party,...
Citigroup lays off more bosses as CEO Fraser addresses managing directors -sources
Citigroup has recently announced further layoffs within the company, with the focus this time being on high-level executives. According to...
US banks warn costly deposits to weaken interest income in 2024
In 2024, US banks are warning that costly deposits could weaken interest income. This warning comes as interest rates continue...
ICBC to pay $32.4 mln to US regulators over AML lapses
The Industrial and Commercial Bank of China (ICBC) has agreed to pay $32.4 million to US regulators to settle allegations...
Friends of the Earth targets Dutch bank ING over fossil fuel financing
Friends of the Earth, an international environmental organization, has set its sights on Dutch bank ING over its financing of...
Societe Generale plans job cuts in France to trim costs- Bloomberg News
Societe Generale Plans Job Cuts in France to Trim Costs- Bloomberg News Societe Generale, one of the largest financial services...
