US banks’ profit picture less clear with cloudy rates trajectory
NEW YORK (Reuters) - The uncertain trajectory of interest rates is making it hard for…
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Bank of America must face overdraft fee refund lawsuit
By Jonathan Stempel (Reuters) -Bank of America must face a lawsuit claiming it reneged on…
Toyota becomes Asia’s most shorted large-cap stock –…
MILAN (Reuters) - Automaker Toyota Motor Corp became the most shorted large-cap stock by…
Warren Buffett says Berkshire ‘built to last’ though…
By Jonathan Stempel (Reuters) - Warren Buffett on Saturday moved to reassure investors…
Buffett’s Berkshire posts record profit on insurance,…
By Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway on Saturday…
Flagging loan margins, one-off charges drag down profit at major US…
By Michelle Price, Saeed Azhar and Tatiana Bautzer WASHINGTON (Reuters) -Major U.S. banks…
Morgan Stanley’s outgoing CEO says markets will take off after…
(Reuters) - Morgan Stanley's outgoing CEO James Gorman said financial markets will…
Hedge funds have lowest exposure to financials since March 2020…
By Nell Mackenzie LONDON (Reuters) - Global hedge funds sold financial stocks for a 10th…
Wall Street bank bosses warn lawmakers of economic toll from new rules
By Pete Schroeder, Michelle Price and Lananh Nguyen WASHINGTON (Reuters) -The top bosses…
Hedge funds sold stocks last week, led by financials and staples
NEW YORK (Reuters) - Global hedge funds sold more than bought equities for a third…