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The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and big
Month’s pullback still leaves performance in the green so far in 2024. Also: A flashback to the 40th anniversary of the Continental Illinois banking
As hopes of interest-rate cuts fade, some commercial real-estate borrowers want to cut loose.
After Russian troops stormed into the country two years ago, Ukraine’s lenders said Kyiv could wait to pay them back. Now, their patience is startin
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.
The legendary investor praised the iPhone maker at his annual meeting in Omaha, Neb., even after revealing that Berkshire had slashed its stake in the
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and loca
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.
Cocoa prices fell sharply this week, with liquidity drying up and trading growing volatile as buyers balk at high expenses.
The innovative structure of Berkshire Hathaway stands out—and benefits shareholders
Forget about the hot debuts like Reddit’s, and follow these price and volume patterns.
Don’t be a flake. Your salon, personal trainer or housecleaner might send a bill if you are.
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks.
Activist shareholders are pressing HSBC to clarify plans to spend up to $1 trillion on sustainable finance in the coming years.
Hong Kong’s securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm’s found
The legendary investor and his longtime partner, Charlie Munger, changed their stripes for a tech stock. Now, the size of the stake is worrying some B
Australia’s biggest investment bank and asset manager reported a 32% fall in annual profit and cut its dividend by 14%.
