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Turkish Lira Tumbles To Record Low As "Ticking Time Bomb" Looms In Banking System

Having exercised his newly-omnipotent capabilities to alter central bank decrees and appointing a puppet cabinet, Turkish President Erdogan is now urging the general public to borrow in the currency in which they are paid, but, as Bloomberg reports, that.....»»

Category: blogSource: zerohedgeJul 11th, 2018

Australia charges 3 banks plus 6 execs with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 6th, 2018

Capitol Report: Here’s what businesses did with Trump tax-cut windfall. Hint: they didn’t spend it

American businesses got a huge tax cut in the first quarter, but they didn’t do much with the extra cash. Most of the dough ended up in their bank accounts......»»

Category: topSource: marketwatchMay 30th, 2018

PNB Scam: Two bank execs removed; Allahabad Bank chief to step down

Central Bureau of Investigation (CBI) found their involvement in the Rs 140 billion fraud related to group of companies belonging to Nirav Modi and Mehul Choksi.....»»

Category: topSource: business-standardMay 14th, 2018

CBI may file chargesheet against senior bank execs in PNB case: source

Following its probe, the Central Bureau of Investigation (CBI) will on Monday file a charge sheet in a court naming people who have allegedly violated Indian law by their involvement in the bank fraud.....»»

Category: topSource: business-standardMay 14th, 2018

Cramer’s Exec Cut: Drones, voice and automation are ushering in the next generation of business

Jim Cramer gets a glimpse of the future when he sits down with execs from Bank Of America, XPO Logistics, Groupon and more......»»

Category: topSource: madmoneyMay 11th, 2018

NAFTA looms over Trump meeting with auto execs

U.S. President Donald Trump on Friday meets with the heads of automakers and fate of the North America Free Trade Agreement will be foremost in their discussions......»»

Category: videoSource: reutersMay 11th, 2018

Execs: Why Live Oak Bank is deepening its bench

The just-announced hire of a Goldman Sachs partner could signal big things to come at Wilmington-based digital bank Live Oak Bank......»»

Category: topSource: bizjournalsMay 7th, 2018

Key Words: ‘Crypto-winter’ looms for virtual currencies, warns London-based investment bank


Category: topSource: marketwatchMay 4th, 2018

Top SBI, IDBI execs among 9 shortlisted for RBI Dy Governor post

Some of the bankers who have been shortlisted are IDBI Bank managing director M K Jain and SBI managing directors B Sriram and P K Gupta.....»»

Category: topSource: business-standardApr 27th, 2018

KS Bancorp outlines new plan to ward off First Citizens

Execs at Smithfield-based KS Bancorp have a new tactic to ward off a First Citizens Bank takeover......»»

Category: topSource: bizjournalsApr 25th, 2018

Defense attacks prosecution case in bank execs fraud trial

Defense attorneys are continuing to hammer away at prosecutors' claims in the federal fraud and conspiracy trial of four former Wilmington Trust Corporation executives......»»

Category: topSource: foxnewsApr 24th, 2018

Bank of America execs tout "responsible growth" as bank hits sweet spot

For Bank of America Corp. (NYSE: BAC), it's onward and upward. The nation's second-largest bank released its first-quarter earnings results Monday morning, reporting a record net income of $6.9 billion, or 62 cents in diluted earnings per share. Fir.....»»

Category: topSource: bizjournalsApr 16th, 2018

Alphabet, Bank Of America, Netflix, US Bancorp: "Fast Money" Picks For July 17

On CNBC's "Fast Money Final Trade", Tim Seymour recommended a long position in Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). read more.....»»

Category: blogSource: benzinga12 min. ago

Goldman beats earnings and revenue expectations, but stock falls as equities revenue misses

Shares of Goldman Sachs Group Inc. fell 1% in premarket trade Tuesday, although the investment bank reported second-quarter earnings and total revenue that rose above expectations, although equities revenue missed. Net income grew to $2......»»

Category: topSource: marketwatch13 min. ago

Bank Of Montreal Buys Inc, Apple Inc, Johnson & Johnson, Sells iShares Core ...

Related Stocks: AMZN, AAPL, JNJ, AGG, TSG, INTC, CGC, WH, WOOD, JEF, WYND, AP,.....»»

Category: worldSource: nyt27 min. ago

How do I save money by using 15-year mortgages? A Foolish Take

If you can, consider the 15-year option closely. Lower rates and faster payouts will cut the amount of interest that goes to the bank and boost what you keep in your own pocket.   .....»»

Category: topSource: usatoday28 min. ago

Here comes Goldman Sachs earnings... (GS)

Getty/Bryan Bedder Goldman Sachs is expected to announce second-quarter earnings results Tuesday morning.  Analysts expect the bank to report adjusted earnings .....»»

Category: topSource: businessinsider58 min. ago

M&T, KeyBank file "living wills" with regulators

M&T Bank and KeyBank N.A. are among 41 large FDIC-insured financial institutions that submitted "living wills" to regulators this month......»»

Category: topSource: bizjournals58 min. ago

Praises and issues remain for West End townhouse project

Waterfront Village Advisory Council still has concerns......»»

Category: topSource: bizjournals58 min. ago