Banks

President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025.Xinhua News Agency | Xinhua News Agency | Getty ImagesThere's a delicate balance playing out at corporations across America.As…

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesBank shares rose Thursday after the Federal Reserve released parameters…

A "mild recession" is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing…

Germany's largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, as legal provisions weighed on the bottom line.Frankfurt-listed shares of the bank pared back…

The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to run above the Fed's 2% mandate.The move comes after the central bank cut its benchmark interest rate by a full percentage point last…

Morgan Stanley CEO Ted Pick said Thursday that his bank will be working with U.S. regulators to examine whether it can deepen its involvement in cryptocurrency markets.Pick was asked about his views on digital currencies under the…

Silas Stein | Picture Alliance | Getty ImagesAmerican Express' affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.Spending on AmEx cards jumped 8% year…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump's comments Thursday that he'll "demand that interest rates drop immediately."So far, the central…

CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Ludovic Marin | Via ReutersJPMorgan…

Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of…