Shares of big banks mostly higher after Barr plans to step down from regulatory role at Fed
Bank stocks added to their gains on Monday after a top federal banking regulator who was heading up an effort to raise capital requirements for the U.S.’s largest financial institutions abruptly ...
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel III endgame proposal to lift capital requirements for banks, said he would ...
Exodus by Wall Street Banks From Climate Group Worries Advocates
U.S. lenders have been rushing in recent weeks to leave one of the world's top banking sector climate coalitions, drawing scorn from campaigners who worry ...
Tipping on a credit card? Big Fish restaurants will take 2% from employees
Delaware's Big Fish Restaurant Group, which merged with Atlas Restaurant Group in June, will start charging servers a 2% ...
Super admits its size is a risk but says ‘what is the alternative?’
The managers of Australia’s $4.1 trillion retirement savings pool say they are best placed to invest in banks and private ...
Fed's Barr to resign early from regulatory job to avoid 'dispute' over role
Michael Barr, the Federal Reserve's top regulatory cop, said on Monday he will leave that post on Feb. 28, avoiding a ...
Fed’s top Wall Street regulator to step down, after Trump’s advisers pushed to demote him
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Citigroup Inc.’s stock remains cheap relative to other big banks even after a roughly 32% gain over the past year, Barclays ...
Why Fintechs Are Beating The Banks In New Checking Accounts
Digital banks and fintechs dominate new checking account opening. They have a problem looming on the horizon, however.
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From Profit to Purpose: Why Finserv Must Stop Dodging ESG
Steve Round urges the finance industry to embrace ESG, adopt greener models, and lead sustainability efforts for a net-zero future ...
China Citic Bank Reports Above-Peer Revenue Growth
Citic has strong bonds with strategic corporate customers. These large and financially strong companies concentrate in the auto, energy, construction and equipment manufacturing. Another group of its ...
Hygiene banks giving everyone 'right to feel clean'
St Joseph's College in Coalisland, County Tyrone, is one of the organisations that works with the Dungannon hygiene bank.