What caused regional banks to fail? Senators blame excessive CEO pay
US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus payouts as the financial institutions struggled to stay afloat.
2023-05-17 19:47
Western Alliance Deposit Growth Drives Regional Bank Stocks Up
Shares of US regional banks rallied in premarket trading after Western Alliance Bancorp said deposits had grown by
2023-05-17 19:45
Broadcom Makes Antitrust Offer to EU in VMware Merger Probe
Broadcom Inc. offered antitrust commitments to the European Commission in an effort to allay concerns over its proposed
2023-05-17 19:28
Automaker warns over UK operations and calls for Brexit trade deal renegotiation
The world’s fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its Brexit trade deal with the European Union
2023-05-17 19:21
Deutsche Bank investors ask if profits sustainable, question strategy
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender's growth plans and called
2023-05-17 19:15
Vauxhall Maker Warns of Factory Closures if Brexit Deal Doesn’t Change
The UK government is lobbying the European Union to prevent Brexit-related local manufacturing requirements from kicking in next
2023-05-17 18:59
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:58
Goldman Sachs Slashes Adani Group Stakes From Its ESG Funds
The investment arm of Goldman Sachs Group Inc. dramatically reduced its exposure to the Adani Group in its
2023-05-17 18:54
Exclusive-Polish fiscal policy should help tackle inflation - IMF
By Gergely Szakacs BUDAPEST Poland's government must ensure its fiscal policies support the fight to bring inflation down,
2023-05-17 18:52
Why Hyundai and Kia have everyone else playing catch-up
Hyundai and Kia have recently become the automakers to beat in some of the most important and competitive segments
2023-05-17 18:48
As household budgets tighten, big brands double down in dollar stores
By Jessica DiNapoli NEW YORK Makers of brand-name household basics like Dunkin' coffee and Schick razors are bulking
2023-05-17 18:29
South Korean, Canadian leaders vow cooperation on clean energy, North Korea threat
The leaders of South Korea and Canada have vowed to strengthen their security and economic cooperation to address challenges posed by North Korea and expand Canadian supplies of minerals crucial to South Korea’s technology industry as they held a summit in Seoul
2023-05-17 18:29