banking News
JPMorgan Shares Fall as Epstein Subpoena Revives Legal Scrutiny
Congressional demand for records follows a recent Justice Department probe, renewing investor concerns over reputational and financial risks for the bank.
George Osborne Emerges as Surprise Contender for HSBC Chairman
Shares dip as former UK Chancellor's potential appointment adds an unexpected twist to the leadership transition at the $252 billion banking giant.
Visa, Mastercard Slide on Landmark Deal to Cut Merchant Swipe Fees
The settlement, ending a 20-year legal battle, will lower interchange rates and grant retailers unprecedented power to steer customers away from high-fee rewards cards.
Origin Bancorp Trades Below Book Value Amid Sector Scrutiny
Shares of the Louisiana-based lender are trading at a discount to their tangible assets, a sign of potential undervaluation as analysts remain bullish.
ING Shares Climb After Q3 Profit Beat and New Buyback Plan
The Dutch lender announced a €1.6 billion capital return to shareholders, capitalizing on strong fee income growth amid a robust European banking sector.
Eastern Bankshares Chair Buys $860K in Stock Ahead of Merger
Robert Francis's purchase of 50,000 shares follows a recent earnings miss and comes just days before the bank's merger with HarborOne Bancorp is set to close.
HSBC to Take $1.1B Hit From Madoff-Era Feeder Fund Litigation
Provision follows a legal setback in a long-running case in Luxembourg, casting a shadow over the bank's upcoming third-quarter earnings.
Wall Street Deepens Saudi Ties Targeting Vision 2030 Prize
Citigroup, Goldman Sachs, and JPMorgan expand Riyadh operations to capture deals from the kingdom's $925 billion sovereign wealth fund and economic overhaul.