financial crisis

PwC Predicts a Turning Point for the UK

In a nuanced economic landscape, PwC's 2024 forecast offers a beacon of hope for the UK, anticipating an upturn from…

2 years ago

U.S. Federal Reserve Unveils 2023 Bank Stress Test Results

In a testament to the strength of the U.S. banking sector, the Federal Reserve's unveiling of the 2023 bank stress…

2 years ago

Middle East’s Asset Management Industry Outperforms Global Trends, Fosters Transformation

In a remarkable feat, the asset management industry in the Middle East has defied global economic challenges, recording a growth…

2 years ago

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago

Futures tick down ahead of big bank earnings, retail sales data

U.S. stock index futures edged lower on Friday as caution kicked in ahead of quarterly results from four of the…

3 years ago

Dollar General lifts sales forecast as inflation-hit Americans drive demand

Dollar General Corp (DG.N) lifted its annual comparable sales forecast on Thursday, encouraged by Americans flocking to discount store chains for everything…

3 years ago

EXCLUSIVE Germany to overhaul laws to allow energy bailouts – sources

Germany's government will have the power to take stakes in utilities and impose emergency levies on consumers under proposed legal…

3 years ago

U.S. banks expect a clean bill of health after Fed’s stress tests

Large U.S. banks are optimistic they will receive a clean bill of health from the Federal Reserve this week, freeing…

3 years ago

Dollar drives higher, yen tumbles to 1998 lows

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a…

3 years ago

U.S. banks finally see upturn in credit-card borrowing

Big U.S. banks including JPMorgan Chase & Co (JPM.N) and Citigroup (C.N) appear set for some earnings boost from a…

3 years ago