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Banks

Goldman Sachs CEO David Solomon bets on asset management

by Anas Siddiqui
Goldman Sachs CEO David Solomon bets on asset management

David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly …

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Commerzbank CFO says the European Central Bank has hit pause

by Walter Watson
Commerzbank CFO says the European Central Bank has hit pause

The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …

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Societe Generale Q2 2023 earnings

by Walter Watson
Societe Generale Q2 2023 earnings

French bank Societe Generale reported second quarter results for 2023. Chesnot | Getty Images News | Getty Images Societe Generale returned to profit in the second quarter of this year, …

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Dimon says Jeffrey Epstein lawsuits have impacted JPMorgan brand

by Vera Ward
Dimon says Jeffrey Epstein lawsuits have impacted JPMorgan brand

Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday that lawsuits …

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JPMorgan CEO Jamie Dimon calls Fitch U.S. downgrade ‘ridiculous’

by Walter Watson
JPMorgan CEO Jamie Dimon calls Fitch U.S. downgrade ‘ridiculous’

The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It doesn’t really matter that much” because …

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HSBC sees 89% YOY rise in Q2 pre-tax profit, beating analysts’ expectations

by Walter Watson
HSBC sees 89% YOY rise in Q2 pre-tax profit, beating analysts’ expectations

An HSBC Holdings bank branch in Hong Kong on May 24, 2022. A Hong Kong-based trade platform launched by HSBC Holdings three years ago with much fanfare has shut down …

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India’s stock market has rallied to all-time highs that could continue

by Walter Watson
India’s stock market has rallied to all-time highs that could continue

India is poised to become the world’s second-largest economy by 2075, according to Goldman Sachs. Darren Robb | The Image Bank | Getty Images India’s strong growth prospects and recent …

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JPMorgan handled payments from Jeffrey Epstein after he was a client

by Walter Watson
JPMorgan handled payments from Jeffrey Epstein after he was a client

A mugshot of Jeffrey Epstein released by the U.S. Justice Department. Source: U.S. Justice Department JPMorgan Chase handled more than $1.1 million in payments from Jeffrey Epstein to “girls or …

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ASEAN moves closer to economic unity with new regional payments system

by Walter Watson
ASEAN moves closer to economic unity with new regional payments system

Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency …

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NatWest reports profit rise amid fallout from Farage fiasco

by Walter Watson
NatWest reports profit rise amid fallout from Farage fiasco

A sign outside a NatWest Group Plc bank branch in the City of London, UK, on Tuesday, July 25, 2023. Natwest is due to report first-half results on Friday, July …

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