Israel’s central bank has no issue with commercial banks lifting their dividend payouts, Supervisor of Banks Daniel Hahiashvili said on Tuesday, citing improved capital buffers and the ability to provide needed credit despite Israel being at war.
Germany’s financial regulator has imposed a fine of 9.2 million euros ($10.00 million) on online bank N26 after finding that the bank had in 2022 systematically been late in filing reports of suspected money laundering, BaFin said on Tuesday.
Canadian banks are expected to set aside money for challenging days, which will hurt quarterly earnings, as investors await commentary on how the lenders will navigate a prolonged high interest-rate environment that has dented credit growth.
There is little evidence that big fee hikes imposed by U.S. duo Visa and Mastercard on retailers have led to a major improvement in service, Britain’s Payment Systems Regulator said on Tuesday, flagging concerns competition was not working.
Generali reported on Tuesday first-quarter premiums and net profit that beat analysts’ estimates as the life segment returned to positive net flows but the non-life business failed to impress investors, sending its shares down.
Russia’s prisons service has removed U.S. investor Michael Calvey from its register after the probation period on his sentence expired, a document seen by Reuters showed, clearing his criminal record following a years-long embezzlement case.
U.S. bank regulators are reconsidering how much liquidity banks should be required to have on hand following a series of abrupt bank failures in 2023, the Federal Reserve’s top regulatory official said Monday.
JPMorgan Chase CEO Jamie Dimon told investors the bank’s succession plans were underway, while warning investors on Monday about risks to the economic outlook.
Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations.
