Showing 85 to 96 of 166 results
Commerzbank Considers Thousands of Job Cuts in Upcoming Strategy Update
Commerzbank plans to announce a new cost-cutting strategy on February 13th, potentially including several thousand job cuts, to improve its cost-income ratio and increase profitability amid declining interest rates; the bank's current workforce is reportedly not involved in the planning.
Commerzbank Considers Thousands of Job Cuts in Upcoming Strategy Update
Commerzbank plans to announce a new cost-cutting strategy on February 13th, potentially including several thousand job cuts, to improve its cost-income ratio and increase profitability amid declining interest rates; the bank's current workforce is reportedly not involved in the planning.
Progress
52% Bias Score
Behind the Scenes of Money Management in Frankfurt and Mainz
The article examines various locations related to money management in Frankfurt and Mainz, Germany, including the European Central Bank's monetary policy decisions, the Bundesbank's counterfeit detection, and the remnants of a historical bank's vault.
Behind the Scenes of Money Management in Frankfurt and Mainz
The article examines various locations related to money management in Frankfurt and Mainz, Germany, including the European Central Bank's monetary policy decisions, the Bundesbank's counterfeit detection, and the remnants of a historical bank's vault.
Progress
20% Bias Score
JPMorgan Chase Reports Record Profit Despite Q4 NII Decline
JPMorgan Chase's 2024 annual profit hit a record \$58.5 billion, up 18 percent, due to strong investment banking and trading, despite a 3 percent Q4 net interest income decline to \$23.5 billion; the bank projects \$94 billion in NII for 2025.
JPMorgan Chase Reports Record Profit Despite Q4 NII Decline
JPMorgan Chase's 2024 annual profit hit a record \$58.5 billion, up 18 percent, due to strong investment banking and trading, despite a 3 percent Q4 net interest income decline to \$23.5 billion; the bank projects \$94 billion in NII for 2025.
Progress
40% Bias Score
New Frankfurt Skyscraper Reflects Banking Real Estate Shift
A new Frankfurt skyscraper, designed by Jürgen Engel and slated for completion in 2028, will partially house the Museum der Weltkulturen; office space remains unleased, reflecting Commerzbank's downsizing amid broader industry trends toward central, modern offices.
New Frankfurt Skyscraper Reflects Banking Real Estate Shift
A new Frankfurt skyscraper, designed by Jürgen Engel and slated for completion in 2028, will partially house the Museum der Weltkulturen; office space remains unleased, reflecting Commerzbank's downsizing amid broader industry trends toward central, modern offices.
Progress
36% Bias Score
Strong Q4 Earnings Expected for Citigroup and US Bancorp
Wall Street analysts predict strong Q4 earnings for Citigroup and US Bancorp, with Citigroup's stock projected to double in three years due to internal restructuring and US Bancorp expected to rebound from recent underperformance, driven by rising net interest income and improved operating leverage.
Strong Q4 Earnings Expected for Citigroup and US Bancorp
Wall Street analysts predict strong Q4 earnings for Citigroup and US Bancorp, with Citigroup's stock projected to double in three years due to internal restructuring and US Bancorp expected to rebound from recent underperformance, driven by rising net interest income and improved operating leverage.
Progress
40% Bias Score
Major Banks Lead Strong Start to 2025 Earnings Season
The 2025 corporate earnings season begins this week, with major U.S. banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo, alongside UnitedHealth, set to report fourth-quarter results; analysts predict nearly 12% year-over-year earnings growth, potentially the strongest since 2021.
Major Banks Lead Strong Start to 2025 Earnings Season
The 2025 corporate earnings season begins this week, with major U.S. banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo, alongside UnitedHealth, set to report fourth-quarter results; analysts predict nearly 12% year-over-year earnings growth, potentially the strongest since 2021.
Progress
28% Bias Score
AI to Eliminate 200,000 Banking Jobs
A recent survey reveals that major banks plan to use AI to automate tasks, potentially eliminating up to 200,000 jobs in the next 3-5 years, primarily affecting middle management and operational roles, prompting the need for widespread retraining.
AI to Eliminate 200,000 Banking Jobs
A recent survey reveals that major banks plan to use AI to automate tasks, potentially eliminating up to 200,000 jobs in the next 3-5 years, primarily affecting middle management and operational roles, prompting the need for widespread retraining.
Progress
44% Bias Score
Financial and Tech Sectors Surge; Upcoming IPOs and Fannie Mae/Freddie Mac Uncertainty
CNBC's Stocks @ Night highlights significant gains in financial and technology sectors; Citigroup reached a new high, while several banks and chipmakers reported strong recent performance. However, other chipmakers experienced losses, and upcoming IPOs along with the situation around Fannie Mae and ...
Financial and Tech Sectors Surge; Upcoming IPOs and Fannie Mae/Freddie Mac Uncertainty
CNBC's Stocks @ Night highlights significant gains in financial and technology sectors; Citigroup reached a new high, while several banks and chipmakers reported strong recent performance. However, other chipmakers experienced losses, and upcoming IPOs along with the situation around Fannie Mae and ...
Progress
40% Bias Score
JPMorgan's Record Q4 Earnings Amidst Geopolitical Uncertainty
JPMorgan Chase reported a 50% surge in fourth-quarter net income to over \$14 billion, exceeding expectations, while Wells Fargo also saw a nearly 50% jump in net income; both banks' strong performance reflects a robust banking sector despite global uncertainty.
JPMorgan's Record Q4 Earnings Amidst Geopolitical Uncertainty
JPMorgan Chase reported a 50% surge in fourth-quarter net income to over \$14 billion, exceeding expectations, while Wells Fargo also saw a nearly 50% jump in net income; both banks' strong performance reflects a robust banking sector despite global uncertainty.
Progress
48% Bias Score
CFPB Sues Capital One for Allegedly Cheating Millions of Consumers Out of Billions in Interest
The CFPB is suing Capital One for allegedly defrauding millions of customers by failing to pay over \$2 billion in interest on its 360 Savings accounts between 2019 and mid-2024, while simultaneously offering a higher-yielding account, leading to a lawsuit seeking restitution for harmed consumers an...
CFPB Sues Capital One for Allegedly Cheating Millions of Consumers Out of Billions in Interest
The CFPB is suing Capital One for allegedly defrauding millions of customers by failing to pay over \$2 billion in interest on its 360 Savings accounts between 2019 and mid-2024, while simultaneously offering a higher-yielding account, leading to a lawsuit seeking restitution for harmed consumers an...
Progress
48% Bias Score
Wells Fargo Upgrades Three Midcap Banks, Forecasts Significant Share Price Gains
Wells Fargo analyst Timur Braziler upgraded Webster Financial, Banc of California, and Columbia Banking System to "overweight", predicting significant share price increases by 2025 based on expected earnings-per-share growth driven by factors such as improved profitability and loan growth, as well a...
Wells Fargo Upgrades Three Midcap Banks, Forecasts Significant Share Price Gains
Wells Fargo analyst Timur Braziler upgraded Webster Financial, Banc of California, and Columbia Banking System to "overweight", predicting significant share price increases by 2025 based on expected earnings-per-share growth driven by factors such as improved profitability and loan growth, as well a...
Progress
44% Bias Score
Major US Banks Exit Net-Zero Climate Alliance Ahead of Trump Presidency
Six of the world's largest banks simultaneously withdrew from the Net-Zero Banking Alliance (NZBA) in December 2024, weeks before President-elect Trump's inauguration, citing a desire to pursue emission reduction independently despite concerns about potential political backlash.
Major US Banks Exit Net-Zero Climate Alliance Ahead of Trump Presidency
Six of the world's largest banks simultaneously withdrew from the Net-Zero Banking Alliance (NZBA) in December 2024, weeks before President-elect Trump's inauguration, citing a desire to pursue emission reduction independently despite concerns about potential political backlash.
Progress
48% Bias Score
Showing 85 to 96 of 166 results