banking News

Commerce Bancshares Insiders Net Sellers Amid Sector Scrutiny
Banking
4mo ago

Commerce Bancshares Insiders Net Sellers Amid Sector Scrutiny

Executive stock sales contrast with a market searching for stability in the regional banking sector, as analysts maintain a cautious 'Hold' stance.

Central Bancompany Execs Buy $3.5M in Stock Post-IPO
Banking
4mo ago

Central Bancompany Execs Buy $3.5M in Stock Post-IPO

CEO, Chairman, and directors make coordinated share purchases just one day after the bank's successful Nasdaq debut, signaling strong insider confidence.

Apollo, Ares Sued by Altice USA Over Alleged Credit Market Cartel
Banking
4mo ago

Apollo, Ares Sued by Altice USA Over Alleged Credit Market Cartel

Antitrust lawsuit claims asset managers formed a pact to block access to credit ahead of a $26 billion debt restructuring, putting the private credit industry on notice.

Major Banks Gain as FDIC Advances Plan to Ease Key Capital Rule
Banking
4mo ago

Major Banks Gain as FDIC Advances Plan to Ease Key Capital Rule

Proposal to relax the supplementary leverage ratio could free up billions in capital and aims to improve liquidity in the U.S. Treasury market.

US Banks Post $79.3 Billion Q3 Profit as Interest Income Swells
Banking
4mo ago

US Banks Post $79.3 Billion Q3 Profit as Interest Income Swells

FDIC report shows a 13.5% quarterly profit jump, but a one-time accounting gain masks underlying credit quality concerns in some loan portfolios.

US Banks Poised for $2.6 Trillion Boost From Deregulation, Report Says
Banking
4mo ago

US Banks Poised for $2.6 Trillion Boost From Deregulation, Report Says

Alvarez & Marsal study finds relaxed capital rules could unlock $140 billion in capital, fueling lending and shareholder returns amid a wider regulatory debate.

US Banks Scrap $20 Billion Argentina Deal in Risk-Off Signal
Banking
4mo ago

US Banks Scrap $20 Billion Argentina Deal in Risk-Off Signal

A consortium including JPMorgan and Bank of America has shelved a major financing plan, highlighting growing risk aversion toward emerging markets.

Citigroup Overhauls US Banking Unit, Announces CFO Transition
Banking
4mo ago

Citigroup Overhauls US Banking Unit, Announces CFO Transition

Bank to merge retail banking with wealth division and spin off consumer cards as standalone business, continuing its strategic simplification.