FDIC board to discuss special assessment fees for banks
The board of directors of the Federal Deposit Insurance Corp (FDIC) will meet on Thursday to consider special
2023-05-11 21:54
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:53
GM Envolve takes direct aim at Ford's fleet business
With a new business unit introduced Wednesday, General Motors is taking direct aim at Ford Motor Co.'s lucrative fleet business. GM Envolve will work closely with large business and government fleet customers to tie them more closely to GM's other businesses.
2023-05-11 21:47
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.
2023-05-11 21:45
Hindenburg shorts Icahn Enterprises bonds as battle with billionaire heats up
(Reuters) -Short seller Hindenburg Research on Thursday took a short position in Icahn Enterprises LP bonds and said the investment
2023-05-11 21:25
Dimon ‘So Sad’ Over JPMorgan’s Epstein Ties Ahead of Deposition
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he regretted his bank’s ties to Jeffrey Epstein
2023-05-11 21:25
Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
By Howard Schneider WASHINGTON (Reuters) -Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30
2023-05-11 21:17
White House wants to ban use of salary history in setting pay for new federal hires
Whether one's paycheck can keep pace with inflation is always a concern. But for women, the question is also can their pay keep pace with their male peers?
2023-05-11 20:53
JD’s CEO Exits After a Year at the Helm as Growth Dwindles
JD.com Inc.’s chief executive officer is departing after about a year at the post, a surprise move that
2023-05-11 20:27
UK gives cruise missiles to Ukraine; Kyiv delays counteroffensive as it waits for more weapons
The British government has announced it is giving long-range cruise missiles to Ukraine to help drive out Russia’s occupying forces
2023-05-11 20:20
Labor unions ask UN body to probe Starbucks' use of legal loopholes
By Hilary Russ NEW YORK Labor unions on Thursday asked a United Nations agency to investigate whether gaps
2023-05-11 20:15
Prada's sales up 22% in the first quarter on robust growth in Asia, Europe
MILAN Sales at Italian luxury group Prada rose 22% in the first quarter, to 1.065 billion euros ($1.17
2023-05-11 19:56