JPMorgan Chase & Co (JPM) reported a better-than-expected quarterly profit on Friday as it released some of the cash it had built up against coronavirus-driven loan losses, although the bank cautioned that demand for loans was likely to remain sluggish this year.
- JPMorgan Chase & Co (JPM) reported a better-than-expected quarterly profit on Friday as it released some of the cash it had built up against coronavirus-driven loan losses, although the bank cautioned that demand for loans was likely to remain sluggish this year.
- Wall Street's main indexes fell on Friday as incoming President Joe Biden's $1.9 trillion stimulus plan sparked fears of an increase in taxes, while investors parsed quarterly reports from major U.S. lenders.
GREENVILLE, S.C., Jan. 14, 2021 Duke Energy (DUK) announced today it has deposited $5 million into Optus Bank, a Black-owned bank based in South Carolina, furthering the company's support for diverse and minority-owned businesses, individuals and low income communities.
* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=RSCBIR%3DECI. Serbia's central bank kept its benchmark rate unchanged at 1.00 percent on Thursday. All 10 dealers and traders polled by Reuters this week and last, said the bank would keep the main rate unchanged.
Finance chiefs, bankers and deal advisers say they are turning more optimistic about the economic outlook as Covid- 19 vaccines are rolled out across the country. Still, issues such as the pace of the economic recovery, returning to the office and how to operate in this environment remain top of mind for many executives. At the same time, finance leaders are preparing their businesses for key regulatory changes such as the phaseout of the London interbank offered rate or potential...
LONDON, Jan. 13, 2021 KBC Bank, a Belgium-based bank with operations across Europe, US and Asia Pacific, has chosen Finastra to help manage its transition through the upcoming interbank references rates changes.
All of the Federal Reserve's 12 regional banks wanted to keep unchanged the rate that commercial banks are charged for emergency loans ahead of the U.S. central bank's December policy meeting, minutes from the directors' discussions of the discount rate showed on Tuesday.
Horizon Kinetics LLC announced the launch of its first exchange traded fund, the Inflation Beneficiaries ETF, an actively managed fund, which began trading on the New York Stock Exchange today.
BELLEVUE, Wash. and BETHPAGE, N.Y., Jan. 12, 2021 Coinstar, LLC, the leader in self-service coin counting, and Bethpage Federal Credit Union, the largest credit union in the Northeast region, today announced the installation of Coinstar® kiosks at 22 branch locations in New York State.
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