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Truist Financial Corp

Inside US airports, banks merge elite travel clubs with branch offices

by Walter Watson
Inside US airports, banks merge elite travel clubs with branch offices

Nicolette Nelson was running late for her return flight to Fairbanks as she sprinted towards her gate at Cincinnati/Northern Kentucky International Airport (CVG). Overcome by a medical issue, she didn’t make …

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Berkshire Hathaway’s big mystery stock wager could be revealed soon

by Anas Siddiqui
Berkshire Hathaway’s big mystery stock wager could be revealed soon

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been …

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Investors are hoping Big Tech earnings next week could revive a flagging bull market

by Walter Watson
Investors are hoping Big Tech earnings next week could revive a flagging bull market

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk …

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Bill Gross lower interest rates offer tailwind to regional bank stocks

by Walter Watson
Bill Gross lower interest rates offer tailwind to regional bank stocks

Longtime investor Bill Gross said Thursday that regional banks are poised to bounce back with the tailwind of falling interest rates. “Regional banks … benefit from lower interest rates,” Gross …

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S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions

by Walter Watson
S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions

A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images S&P Global on Monday cut credit ratings and revised its outlook for multiple …

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House Republicans subpoena Citibank over data shared after Jan. 6

by Vera Ward
House Republicans subpoena Citibank over data shared after Jan. 6

Chairman Jim Jordan, R-Ohio, conducts the House Judiciary Committee hearing on the “Report of Special Counsel John Durham,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll …

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Fitch warns it may be forced to downgrade dozens of banks

by Walter Watson
Fitch warns it may be forced to downgrade dozens of banks

A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks …

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Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

by Walter Watson
Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

A general view of the New York Stock Exchange (NYSE) on Wall Street in New York City on May 12, 2023. Angela Weiss | AFP | Getty Images Moody’s cut …

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