US Banks Profit Rise Amid Credit Quality Concernsby Mark Eisenberg 05.09.2024US banks see profit increase, yet bad loans hit 11-year high as economic uncertainty looms.
Jim Cramer Endorses Ally Financial Amid Market Shiftsby Mark Eisenberg 26.08.2024Ally Financial Inc (NYSE:ALLY) shines in Cramer's latest picks, poised to benefit from potential rate cuts and competitive deposit rates.
Westpac’s Steady Profit: Capital Earnings Boost Q3by Mark Eisenberg 22.08.2024Westpac's Q3 profit steady as capital earnings offset rising costs, despite high interest rates impacting loans.
Westpac Reports Steady Q3 Profits Amid Rate Hikesby Mark Eisenberg 19.08.2024Westpac's Q3 profits steady as capital earnings rise, despite high rates impacting loan repayments.
Ujjivan Small Finance Bank Shares Dip: 3 Key Reasonsby Mark Eisenberg 24.06.2024Ujjivan SFB shares drop 8% after lowering loan growth guidance to 20% and anticipating higher credit costs, sparking diverse analyst ...
PNB Housing Finance Plummets 5% After Major Stake Saleby Mark Eisenberg 20.06.2024"PNB Housing Finance shares drop nearly 5% after Asia Opportunities Fund and General Atlantic offload 5.2% stake in a major ...
Schwab Exec Sells $600K+ in Stock, Exercises Optionsby Mark Eisenberg 15.06.2024Charles Schwab Corp. faces near-term challenges like 2% cash outflows in May; Goldman Sachs maintains Neutral rating with a $75.00 ...
KeyCorp Faces Profit Drop Due to Higher Deposit Costsby Terry Bingman 18.04.2024Net interest margin in Q1 contracted to 2.02% from 2.47% a year ago, while NII is predicted to decline between ...
United Overseas Bank Q4 Net Rises on Non-Interest Incomeby Mark Eisenberg 22.02.2024Venkat United Overseas Bank's Q4 net profit increased by 22% thanks to higher non-interest income and fee-related revenues.
Hong Kong Stocks Surge on Property Market Speculationby Mark Eisenberg 21.02.2024Hong Kong stocks reached a seven-week high on Wednesday due to speculation that the city's government will remove more curbs ...