Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central…
A logo of Swiss banking giant UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Images Swiss banking titan UBS on Wednesday doubled net profit year-on-year, beating expectations on the bottom line amid a boost from its investment bank and global wealth management divisions. Net profitable attributable to shareholders hit $2.395…
One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty Images British bank Barclays on Tuesday beat profit expectations and announced a £1 billion ($1.33 billion) share buyback as market volatility boosted investment banking revenues. Pre-tax profit beat estimates at £2.5…
Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023. Nicolas Maeterlinck | Afp | Getty Images Deutsche Bank on Thursday beat expectations on the bottom line and said it was on track to meet full-year targets, despite mixed results within its key investment banking unit and euro gains against the U.S. dollar….
The three keys USB logo is seen outside the London office of Swiss bank UBS in central London, on March 20, 2023. Daniel Leal | AFP | Getty Images Swiss giant UBS on Wednesday beat bottom line expectations amid sharp returns in investment banking while warning of the global trade impact of sweeping U.S. tariffs as…
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images Germany’s largest lender Deutsche Bank on Tuesday posted higher-than-expected first-quarter profit on robust investment banking performance, but upped credit provisions as lenders in Europe’s largest economy navigate…
London’s Heathrow Airport closed Friday after a fire at a nearby electrical substation caused a power outage, disrupting travel for tens of thousands of passengers planning to fly in or out of Europe’s busiest airport. The airport was ready to resume flights as of Friday afternoon local time, it posted on X, and said it…
Chris Ratcliffe | Bloomberg | Getty Images British bank Barclays on Thursday posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion ($1.25 billion) share buyback. Pretax profit rose by 24% to £8.108 billion in 2024, just above an analyst forecast of £8.081 billion,…
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K. Mike Kemp | In Pictures | Getty Images 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. Net profit attributable to…
