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US banks

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  • Wednesday, 18 November, 2020
    Analysis
    How Bill Demchak turned PNC into a US banking powerhouse

    Asked if he plans more acquisitions, the Pittsburgh bank boss answers in one word: ‘Yes’

  • Monday, 16 November, 2020
    LexBanks
    PNC/US bank M&A: loan star traits Premium

    More consolidation is needed on both sides of the Atlantic

  • Monday, 16 November, 2020
    PNC to become fifth-largest US bank with $11.6bn BBVA deal

    Pittsburgh lender grabs foothold in Texas and beyond with purchase of Spanish bank’s US arm

  • Monday, 16 November, 2020
    FT News Briefing podcast11 min listen
    UK’s poor GDP, Asia-Pacific trade deal, US bank profits

    An FT analysis has found the UK’s poor GDP performance reflects stretched household finances

  • Sunday, 15 November, 2020
    Bank credit card profits in question as US consumers cut debt

    Account balances continue to slide and outlook for Christmas spending remains unclear

  • Friday, 13 November, 2020
    Wells Fargo
    Former Wells Fargo chief pays $2.5m in SEC settlement

    Ex-bank boss accused of misleading investors about retail operations at the centre of fake accounts scandal

  • Wednesday, 11 November, 2020
    Borrowers still taking payment holidays on $90bn of loans at top US banks

    Total halved over third quarter but remains elevated, obscuring outlook for defaults

  • Tuesday, 10 November, 2020
    US banks in line for windfall after Covid-19 vaccine progress

    Profitability boosted by steeper yield curve in wake of trial results from Pfizer and BioNTech

  • Saturday, 7 November, 2020
    On Wall StreetRobert Armstrong
    What Wall Street would make of a Biden presidency

    Divided government might shield banks from higher taxes and tighter regulation

  • Promoted Content
  • Monday, 26 October, 2020
    Goldman Sachs Group
    Goldman accused of covering up sexual misconduct allegation

    Female lawyer claims she was fired after criticising behaviour of bank’s chief litigator

  • Monday, 26 October, 2020
    ETF HubThe latest news on ETFs
    European bank ETFs lose out as investors flock to US counterparts

    Sustained negative rates in the region cited as main reason for divergent fortunes

  • Tuesday, 20 October, 2020
    Morgan Stanley
    Two top Morgan Stanley commodities traders lose jobs over use of WhatsApp

    Wall Street continues clampdown on communications channels it cannot monitor

  • Tuesday, 20 October, 2020
    Credit cards
    Money Clinic podcast: Should I pay off my credit cards or buy a house?

    High-earner Josh has some debts to clear, but has been offered a mortgage

  • Sunday, 18 October, 2020
    Bank bonuses
    US banks warn bonuses will not keep pace with profits

    Citigroup, JPMorgan Chase and Bank of America wary of big payouts after booking loan loss charges

  • Saturday, 17 October, 2020
    US financial regulation
    Fed officials call for tougher rules to prevent asset bubbles

    Officials worry that low interest-rate policies could encourage excessive risk-taking

  • Thursday, 15 October, 2020
    Lex
    Morgan Stanley: well-balanced Premium

    Bank is in a stronger position for good and bad times but this is not reflected in its valuation

  • Thursday, 15 October, 2020
    Morgan Stanley
    Morgan Stanley profits jump 25% on Wall Street trading bonanza

    Strong markets help drive gains for US bank’s investment and loans portfolio

  • Thursday, 15 October, 2020
    Due Diligence
    Pay and performance top of mind at Goldman Sachs Premium

    Disappointed employees may want to reflect on their good fortune given the pandemic and near-recession

  • Thursday, 15 October, 2020
    FT News Briefing podcast9 min listen
    US bank earnings, EU tech action, Amazon logistics

    France and the Netherlands jointly issued a call for the EU to take measures against big tech

  • Wednesday, 14 October, 2020
    LexWells Fargo
    Wells Fargo: stuck Chuck Premium

    Despite a year in post, chief has yet to produce a detailed plan for bank’s turnround

  • Wednesday, 14 October, 2020
    Goldman Sachs Group
    Goldman boosted by surging markets in third quarter

    Trading bonanza helps push Wall Street bank’s profitability to highest level in decade

  • Wednesday, 14 October, 2020
    Wells Fargo
    Wells Fargo returns to profit after painful second quarter

    Income in lender’s mortgage unit surges as Americans rush to refinance at lower rates

  • Tuesday, 13 October, 2020
    LexJPMorgan Chase & Co
    JPMorgan: Holding pattern Premium

    Bank’s revenue unchanged from year ago and net profit compared with last quarter doubled

  • Tuesday, 13 October, 2020
    JPMorgan and Citi upbeat on outlook for US economy

    Banks bolstered by slimmer loan loss provisions and trading boom

  • Tuesday, 13 October, 2020
    Citigroup Inc
    Citigroup records falling credit costs in sign of easing Covid strain

    Lender sets aside far less for bad loans in third quarter than it had earlier this year

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