US Stocks Sink As Moody's Warns It Could Cut Credit Ratings Of 6 Big Banks
A lower credit rating could push funding costs for those banks even higher.
Aug 09, 2023, 07:29 AM IST
Facebook seeking customer data from US banks: Report
The Mark Zuckergerg-led company is still recovering from its recent data privacy scandal.
Aug 07, 2018, 13:44 PM IST
Morgan Stanley's profit falls by more than half as trading slumps
Morgan Stanley`s quarterly profit fell by more than half as the Wall Street bank`s fixed-income trading and investment banking businesses took a hit from market volatility early in the year.
Apr 18, 2016, 21:08 PM IST
Morgan Stanley profit plunges 42% as trading revenue slumps
Wall Street bank Morgan Stanley's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a US interest rate hike and concerns about China's cooling economy.
Oct 19, 2015, 21:37 PM IST
Infosys to offer financial services to US banks
Global software major Infosys Ltd will offer its flagship Finacle product to service US banks` Verizon cloud platforms.
Jul 10, 2015, 16:21 PM IST
JPMorgan Chase to cut 5,000 jobs: Sources
About $2 billion of that is to come from cost-cutting in retail banking, with the bank planning to close 300 of its 5,570 branches by the end of 2016.
May 29, 2015, 10:26 AM IST
Fed rejects capital plans of US arms of Deutsche Bank, Santander
The Federal Reserve rejected the capital plans of the US operations of Spanish bank Santander and Germany`s Deutsche Bank, saying it saw serious problems in the planning processes of both.
Mar 12, 2015, 02:43 AM IST
For Fed stress tests, US banks form a study group
Executives at the biggest U.S. banks are sharing notes with each other before their next round of tests with federal regulators.
Dec 09, 2014, 12:41 PM IST
US fed funds rate hit highest since April 2013
A key overnight borrowing cost for US banks reached its highest level since April 2013 on Monday after the Federal Reserve raised an interest rate on a test program aimed to hit its rate target when it decides to tighten policy, Fed data showed.
Dec 02, 2014, 21:41 PM IST
US banks victims of 'sophisticated' cyber attack: Report
JP Morgan Chase and at least four other US banks have been victims of a "sophisticated" series of cyber attacks this month, sources close to the investigation told The New York Times.
Aug 28, 2014, 20:27 PM IST
