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According to the term you entered "banking": 52 news found

ECONOMY

Citigroup's $81 Trillion Transfer Error Highlights Ongoing Operational Issues

Saturday, Mar 01

Citigroup's recent $81 trillion error reveals significant operational flaws as the bank strives to improve its reputation and regulatory compliance.

POLITICS

Trump Criticizes Fed Chair Powell's Failure to Cut Interest Rates Amid Rising Inflation Concerns

Friday, Jan 31

Trump attacks Fed Chair Jerome Powell for maintaining interest rates as inflation persists, raising concerns about the Fed’s independence and economic policy.

POLITICS

Former Interpreter of Shohei Ohtani Impersonated Him to Commit Fraud

Friday, Jan 24

Ippei Mizuhara allegedly impersonated Shohei Ohtani to steal $17 million, including a $200,000 fraudulent bank transfer for a car loan.

ECONOMY

Kotak Mahindra Bank Reports Solid Profit Amid Microfinance Challenges and Sector Dynamics

Sunday, Jan 19

Kotak Mahindra Bank posts 10.22% rise in profits, but microfinance defaults pose challenges. Insights into sector dynamics and market impact.

ECONOMY

Goldman Sachs Achieves Record Profit as Investment Banking and Trading Surge

Wednesday, Jan 15

Goldman Sachs reports its largest profit in three years, surpassing predictions amid a surge in investment banking and trading activity.

ECONOMY

JPMorgan Reports Record $14 Billion Profit in Q4 2024 as Major Banks Flourish

Wednesday, Jan 15

JPMorgan's net income surged by 50% in the fourth quarter of 2024, with strong performance mirrored by other major banks, alongside insights into the U.S. economy.