$50 for your first 3 months Get the print edition and steer from crisis to recovery
Add this topic to your myFT Digest for news straight to your inbox
Asked if he plans more acquisitions, the Pittsburgh bank boss answers in one word: ‘Yes’
More consolidation is needed on both sides of the Atlantic
Pittsburgh lender grabs foothold in Texas and beyond with purchase of Spanish bank’s US arm
An FT analysis has found the UK’s poor GDP performance reflects stretched household finances
Account balances continue to slide and outlook for Christmas spending remains unclear
Ex-bank boss accused of misleading investors about retail operations at the centre of fake accounts scandal
Total halved over third quarter but remains elevated, obscuring outlook for defaults
Profitability boosted by steeper yield curve in wake of trial results from Pfizer and BioNTech
Divided government might shield banks from higher taxes and tighter regulation
Female lawyer claims she was fired after criticising behaviour of bank’s chief litigator
Sustained negative rates in the region cited as main reason for divergent fortunes
Wall Street continues clampdown on communications channels it cannot monitor
High-earner Josh has some debts to clear, but has been offered a mortgage
Citigroup, JPMorgan Chase and Bank of America wary of big payouts after booking loan loss charges
Officials worry that low interest-rate policies could encourage excessive risk-taking
Bank is in a stronger position for good and bad times but this is not reflected in its valuation
Strong markets help drive gains for US bank’s investment and loans portfolio
Disappointed employees may want to reflect on their good fortune given the pandemic and near-recession
France and the Netherlands jointly issued a call for the EU to take measures against big tech
Despite a year in post, chief has yet to produce a detailed plan for bank’s turnround
Trading bonanza helps push Wall Street bank’s profitability to highest level in decade
Income in lender’s mortgage unit surges as Americans rush to refinance at lower rates
Bank’s revenue unchanged from year ago and net profit compared with last quarter doubled
Banks bolstered by slimmer loan loss provisions and trading boom
Lender sets aside far less for bad loans in third quarter than it had earlier this year
UK Edition