Tue, Apr 16, 2024
The bank's net interest yield, which is a measure of how much the bank is earning on the loans it has versus the interest it needs to pay out to depositors, dropped from 2.20% in 2023 to 1.99% in 2024.
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Sun, Jan 14, 2024
While the S&P 500 banks index rose 7 per cent in 2023, it underperformed indexes tracking industrial or consumer discretionary companies.
Wed, Oct 18, 2023
Citigroup did not disclose paper losses on its portfolio for the third quarter.
Mon, Sep 26, 2016
Bank of America is set to cut about two dozen investment banking (IB) jobs in Asia, including some top dealmakers starting this week, according to people familiar with the matter.
Thu, Jun 23, 2016
The State Bank of India (SBI) has defended financing a U.S. cluster bomb manufacturer, saying its investments were legal, after being put in a "Hall of Shame" along with several other major banks by a Dutch campaign group.
Sun, Jun 19, 2016
The maximum number of 74 banks are from the US, followed by China (29) and South Korea (26).
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