Stock Market Survival

June 24, 2024

Big US banks expected to be cautious on shareholder payouts after stress tests

BY Reuters  • June 24, 2024June 24, 2024
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve hea[...]
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Foreign banks target Switzerland after UBS takeover of Credit Suisse

BY Reuters  • June 24, 2024June 24, 2024
By Oliver Hirt and Noele Illien ZURICH (Reuters) – As Credit Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of com[...]
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Explainer-What are the Fed’s bank ‘stress tests’ and what’s new this year?

BY Reuters  • June 24, 2024June 24, 2024
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT). Under[...]
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Consumer-focused lending under Labour could dent UK bank profits

BY Reuters  • June 24, 2024June 24, 2024
By Sinead Cruise and Lawrence White LONDON (Reuters) -Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leani[...]
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