Banking

Powell Anticipates To Be Pressed About Rate Cuts, Bank Rules Before Congress
First Foundation Stock Plunges After $228M Fundraise: Regional Bank Has Heavy Commercial Real Estate Exposure
Huntington Bancshares Shares Are Trading Lower: What You Need To Know
First Foundation Stock Plunges After $228M Fundraise: Regional Bank Has Heavy Commercial Real Estate Exposure
Huntington Bancshares Shares Are Trading Lower: What You Need To Know
United Bankshares Expands Into Atlanta With Piedmont Bancorp Acquisition, Eyes $267M Deal
Western Alliance Reports Q1 Earnings, Revenue Beats: What You Need To Know (CORRECTED)

Banking Recent News

Texas Capital Bancshares Will Be Impacted By Fed's Rate Move, Says Analyst
Texas Capital Bancshares Inc (NASDAQ: TCBI) shares were down in early trading on Monday.
S&P Global Downgrade For 5 US Regional Over Commercial Real Estate Concerns
S&P Global downgraded the outlooks of 5 US regional banks due to risks associated with commercial real estate loans. Investors are concerned about banking sector stability.
First Citizens BancShares Is Ready To Beat Current Street Expectations, Says Bullish Analyst
First Citizens BancShares Inc’s (NASDAQ: FCNCA) stock has a history of outperforming the market.
First Citizens, MC Nutraceuticals Forge Historic Cannabis Finance Deal: A Glimpse Into The Future Of Banking?
By extending a $1 million line of credit to MC Nutraceuticals, First Citizens Bank pioneered a new approach to banking services.
New York Community Bancorp Stock Nosedives After Bank Identifies 'Material Weakness' In Internal Controls, Announces Leadership Transition
New York Community Bancorp shares are tumbling in after-hours trading Thursday after the company identified material weakness in internal controls and announced a leadership transition.
Warren Buffett-Backed Nu Holdings Slides On Q4 Earnings: The Details
Nu Holdings reported fourth-quarter revenue of $2.4 billion, up 57% compared to the prior year's quarter. The company reported fourth-quarter net income of $360.9 million.
Goldman Sachs CEO David Solomon's Committee Move Sparks Dissatisfaction, Top Investment Bankers Mull Departure: Report
Two of Goldman Sachs' top investment bankers are reportedly considering leaving the firm. The bankers are allegedly unhappy about being left out of a new operating committee set up by CEO David Solomon.
Yellen Warns Non-Bank Lenders Could Fail As Household Finances Become Stretched
Janet Yellen says the U.S. financial system is overall sound and well-capitalized.
New Anti-Money Laundering Rule Costs Banks $686M In First Year: FinCEN
FinCEN had previously announced that banks and law-enforcement officials would gain access to the new database in phases starting in February.
Goldman Sachs Exited 2023 With A Q4 Win But Like Morgan Stanley, Its Annual Figures Lacked Luster
During the second week of the new year, JPMorgan Chase & Co (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), Bank of America Corporation (NYSE: BAC) and Citig
Citigroup Takes Another Round Of Layoffs At Leadership Level As CEO Fraser Addresses Managing Directors: Report
Fraser addressed the managing directors about the bank's extensive overhaul, which includes the elimination of more leadership roles.
JPMorgan's Jamie Dimon And Other Bank CEOs Held Private Meeting Over Fintech Competition, Regulatory Burden In Davos: Report
The CEOs, who were in Davos for the World Economic Forum, expressed concerns about the competitive threat posed by fintech companies and private lenders, as well as the burden of regulatory requirements.
Former Morgan Stanley CEO James Gorman Says Bitcoin Is Not A 'Fad': 'I Just Don't Think It's A Core Investment'
The former CEO of Morgan Stanley, James Gorman, recently shared his perspective on Bitcoin (CRYPTO: BTC), the banking sector and the economic landscape.
US Banks Could See $160B In Potential Losses From Commercial Real Estate Sector Collapse, Largest Since 2008: Report
A potential collapse in the commercial real estate sector, the largest since 2008, could hit US banks with up to $160 billion in losses.
'Full Banking Collapse': China Worries Pile Up As Hedge Funder Sounds Alarm
As the U.S. economy continued to show signs of strength, many investors remained concerned with China’s economic outlook. One hedge funder, Kyle Bass, said China was experiencing a “full banking system collapse” in a recent post on X. 
Brett Turner: Why Embedded Finance Will Revolutionize Banking
Brett Turner, Founder & CEO of Trovata, will be speaking at the upcoming Benzinga Fintech Deal Day & Awards. Mark Nov. 13 on your calendar for the must-attend gathering in the fintech industry!
Hancock Whitney Corporation Stock Rises After-Hours Following Q3 Earnings
Hancock Whitney Corp (NASDAQ: HWC) shares are trading higher in Tuesday's after-hours session after the company reported third-quarter earnings.
Q3 Earnings Season Starts Strong For Banks As High Interest Rates Fuel Profits Bonanza
U.S. financial institutions kicked off earnings season on a robust note, surpassing analysts' expectations for third-quarter earnings per share.
Robinhood CEO: 'There's A Gigantic Financial Services Industry That's Waiting To Be Disrupted'
Robinhood Markets Inc (NASDAQ: HOOD) CEO Vladimir (Vlad) Tenev joined CNBC’s Power Lunch on Friday to di
Binance's Paysafe Partnership Ends, Users Advised To Convert EUR Balances To USDT
Binance (CRYPTO: BUSD) is looking to replace Paysafe (NYSE: PSFE) as its banking partner.
Proceeding Recklessly
The Forward Guidance Trap
Chinese Origin Clients With Foreign Passports Reportedly Under Scrutiny In Singapore After $1.8M Money Laundering Fiasco
Chase's Chief Product Officer On Shaping The Future Of Banking: 'Artificial Intelligence Is A Hot Topic'
The banking landscape post-COVID-19 pandemic looks different, with some surveys showing upwards of 90% of consumers prefer managing their money in one place, online. The tech-forward banks are some clear winners in this race, particularly following the financial crises over the last two years.