Focus
banking industry
US Bank Profits Tumble 44 Percent in Fourth Quarter 2023
Net interest margin, which measures bank profitability, declined in the last quarter.
When Bank Regulation Becomes Absurd
Bank of America has announced that it will reduce 200 trading- and investment-related jobs.
Britain Talks About Break-Up Law for Banks
British finance Minister George Osborne toughened official rhetoric concerning “too big to fail” banks. He told bankers that systemic banks could be broken up in extreme cases, speaking at an even hosted by JP Morgan in England.
