Benchmark U.S. Treasury bonds are facing their worst annual returns since 1778, but a big bounce is likely in the new year, along with a stock rout. That’s according to Read more
Tag: bank
Deutsche Bank beats forecasts, as higher rates help overcome headwinds
Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more
Deutsche Bank beats forecasts, as higher rates help overcome headwinds
Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more
Deutsche Bank logs ninth straight quarter of profit with big earnings beat
Deutsche Bank on Wednesday reported a net income of 1.115 billion euros for the third quarter. #deutschebank
Meta stock downgraded at Bank of America amid concerns about Reels and the metaverse
Shares of Meta Platforms Inc. were falling in premarket action Monday after a Bank of America analyst threw in the towel on his bullish call. Bank of America’s Justin Post Read more
Fed’s Harker: Inflation shoots up like a rocket, comes down like a feather
Inflation will only come down slowly over the next 14 months despite the Federal Reserve’s strong resolve to cool it down, said Philadelphia Fed President Patrick Harker, on Thursday. “We…need Read more
Fed’s Harker: Inflation shoots up like a rocket, comes down like a feather
Inflation will only come down slowly over the next 14 months despite the Federal Reserve’s strong resolve to cool it down, said Philadelphia Fed President Patrick Harker, on Thursday. “We…need Read more
Indonesia’s central bank raises rates further in bid to cool inflation
Indonesia’s central bank raised its benchmark interest rate further on Thursday in a bid to reduce inflation and to ensure the stability of the rupiah. Bank Indonesia raised its seven-day Read more
China’s central bank keeps benchmark lending rates unchanged
China’s central bank on Thursday held the benchmark lending rates unchanged as expected, as the yuan continues to face increasing downward pressure. The People’s Bank of China kept the one-year Read more
U.K. bank shares fall on report new Chancellor Hunt to hike taxes
Shares in U.K. banks fell sharply on Wednesday following reports the government was considering a further tax on the sector. Lloyds LLOY, -3.57% dropped 3.4%, NatWest NWG, -1.69% shed 2%, Read more