bank - One Trendy Business

Italy’s tax on bank profit continues to prove controversial

European bank shares dropped significantly in August after a surprise announcement from the Italian government for a new tax.Stefano Montesi - Corbis |...

Why I launched online bank for Black-owned businesses

At first, Kelly Ifill had no interest in following in her family's footsteps.Her father has a long-running contracting business in Brooklyn, New York....

Bank of America upgrades this software stock, says it can be the next A.I. leader

Bank of America thinks software giant Adobe can build on this year's strong gains as it continues its push into artificial intelligence The...

Russia’s inflation spike sets Kremlin and central bank on collision course

Russia's President Vladimir Putin (L) and Russian Central Bank Governor Elvira NabiullinaAlexei NikolskyTASS via Getty ImagesRussia's rising inflation and plunging currency have spotlighted...

Asia markets fall as bank stocks retreat under pressure on Wall Street

Tourists at the Bund on July 11, 2023 in Shanghai, China.Vcg | Visual China Group | Getty ImagesAsia-Pacific markets fell on Wednesday mirroring...

Italian bank shares slide after government surprises with windfall tax

ROME - August 7, 2023: (L-R) Carlo Nordio, Minister of Justice, Adolfo Urso, Minister of Enterprise and Made in Italy, Matteo Salvini, Deputy...

Bank of Japan loosen’s YCC, cites ‘greater flexibility’ and jolts markets

The Bank of Japan headquarters in Tokyo.Bloomberg | Getty ImagesThe Bank of Japan announced Friday "greater flexibility" in its monetary policy — surprising...

Bank of Japan (BOJ) to guide yield curve control with greater flexibility

Japan's central bank on Friday loosened its yield curve control, underscoring concerns about its protracted monetary easing on financial markets and the real...

Bank of America names its top stock pick ahead of Big Oil earnings

Bank of America believes Europe's oil majors are about to hit an inflection point. The Wall Street bank said that despite a quarter-over-quarter...

Regional bank yields down but lots still pay more than 10-year note

Back in April and May, investors saw juicy yields on regional bank stocks, some paying twice the rate on the 10-year Treasury note...

Israel targets West Bank militant stronghold

A view of the damaged area after Israeli forces conducted airstrikes and raid on the city of Jenin, West Bank on July 03,...

China’s central bank PBOC gets a new party secretary

Pan Gongsheng was named party secretary of the People's Bank of China on July 1, 2023.Vcg | Visual China Group | Getty ImagesBEIJING...

India’s HDFC Bank completes $40 billion merger with mortgage lender HDFC

A HDFC Bank branch in Mumbai, India, on Friday, April 14, 2023.Bloomberg | Bloomberg | Getty ImagesIndia's largest private lender HDFC Bank has...

JPM, WFC, MS boost bank dividends after Fed stress test

Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023.CNBCLarge U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley...

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