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A service for banking industry professionals · Monday, September 9, 2024 · 741,827,808 Articles · 3+ Million Readers
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Bank Profits News Monitoring

  • Published on Sep 5, 2024

    US bank profits jump but watchdog warns of stress

    THE US banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation (FDIC) on Thursday (Sep 5) identified several lingering areas of concern including commercial real estate and credit cards. Profits …

    Source: The Business Times Singapore - Neutral
  • Published on Sep 5, 2024

    US bank profits jump 11% in second quarter of 2024 as expenses shrink

    WASHINGTON: The U.S. banking industry recorded profits of $71.5 billion in the second quarter of 2024, up 11.4% on the prior quarter, the Federal Deposit Insurance Corporation reported Thursday. Profits were boosted by shrinking expenses, as well as higher …

    Source: Business Recorder - Neutral
  • Published on 01:20 GMT

    Banks meet ministers over lending rules and high street hubs

    Britain’s banks are bracing for long-awaited new lending rules from City regulators this week, as well as talks with ministers about improving access to high street services. On Thursday, the Bank of England’s Prudential Regulation Authority will release …

    Source: The Times - Center-right
  • Published on Sep 5, 2024

    US bank profits jump 11% in Q2 2024 as expenses shrink, FDIC says

    WASHINGTON (Reuters) - The U.S. banking industry recorded $71.5 billion in profits in the second quarter of 2024, an 11.4% jump from the prior quarter, the Federal Deposit Insurance Corporation reported Thursday. Profits were boosted by shrinking expenses …

    Source: Yahoo Finance - Label Pending
  • Published on Sep 5, 2024

    UK banks brace for possible tax rise in first Labour budget, sources say

      By Sinead Cruise LONDON (Reuters) – Banks in Britain are intensifying their lobbying against possible tax hikes in the new Labour government’s first budget next month, amid concerns it may tap the sector to boost public finances, senior industry sources …

    Source: Global Banking & Finance Review - Neutral
  • Published on Sep 4, 2024

    ‘Outrageous‘ Labour move to slash compensation offered to fraud victim bank customers

    Moves to slash the amount of compensation offered to bank customers who fall victim to fraud have been slammed as “outrageous” by consumer campaigners. Finance regulators and the government are understood to be drawing up proposals to reduce the maximum …

    Source: Daily Express - Right-wing
  • Published on Sep 4, 2024

    UK banks brace for possible tax rise in first Labour budget

    A drone view of the Shard skyscraper with the Canary Wharf financial district in the background in London. — Reuters file Published: Wed 4 Sep 2024, 5:08 PM Last updated: Wed 4 Sep 2024, 5:09 PM Banks in Britain are intensifying their lobbying against …

    Source: Khaleej Times - Pro-Government
  • Published on Sep 4, 2024

    Governor speaks on Reserve Bank of Malawi losses, liabilities

    Reserve Bank of Malawi (RBM) Governor Wilson Banda has attributed the K550.57 net loss the central bank reported last year to revaluation of its liabilities and assets. This came out during the Financial Sector Lawyers Conference in Salima on Friday. It …

    Source: Times Group - Label Pending
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