Bank of America has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its ...

TORONTO — Former central banker Mark Carney was sworn in as Canada’s new prime minister on Friday, and will now try to steer his country through a trade war brought by U.S. President Donald Trump, ...

Banking stocks were rallying on Friday, with big gains in shares of major Wall Street banks including JPMorgan Chase & Co., Bank of America Corp. and Morgan Stanley. The Invesco KBW Bank ETF, an ...

Michelle Bowman, Donald Trump’s pick to be the central bank’s vice chair of supervision, has indicated that she believes in ...

It wasn’t just Apple shares that Buffett-led Berkshire Hathaway sold last year. The company also cut its stake in Bank of ...

Wall Street's hopes of a dealmaking and hiring rebound have been put on hold as companies and buyout firms wait for the dust ...

Capital One Financial (NYSE:COF) was upgraded by investment analysts at Evercore ISI from an “in-line” rating to an ...

Top US banks registered strong comebacks in 2024, exceeding expectations, and they are virtually unanimous that this ...

"WFC is also well capitalized and is likely to see regulatory relief under the expectation of a less onerous regulatory environment," the RBC analyst wrote. "Lastly, the optimization of expense levels ...

Goldman Sachs CEO David Solomon also weighed in, saying that while businesses typically prefer lower tariffs, there’s an understanding of what Trump is trying to achieve. However, he emphasized that ...