Edition:
United Kingdom

David Henry

Trading, underwriting soften profit plunge for some U.S. banks

09 Jul 2020

NEW YORK Trading and underwriting revenue could provide some comfort for big Wall Street banks that begin reporting results next week, although second-quarter profits likely plunged because of the coronavirus pandemic's impact on lending.

Goldman Sachs says it's climbing toward Fed's capital demands

29 Jun 2020

NEW YORK Goldman Sachs Group Inc has already boosted capital measures and is working to meet the Federal Reserve's benchmark for October, the Wall Street bank said in a statement on Monday.

Federal Reserve caps bank dividend payments after pandemic analysis

26 Jun 2020

WASHINGTON/NEW YORK The U.S. Federal Reserve announced on Thursday it will cap big bank dividend payments and bar share repurchases until at least the fourth quarter after finding lenders faced significant capital losses when tested against an economic slump caused by the coronavirus pandemic.

New-look U.S. bank 'stress tests' may leave analysts guessing

24 Jun 2020

NEW YORK/WASHINGTON U.S. bank analysts have cleared their diaries on Thursday ahead of a long evening poring over results of the Federal Reserve's bank health checks, which have been upended this year by the coronavirus pandemic.

Asia's stock rally set to pause for breath ahead of U.S. jobs data

05 Jun 2020

NEW YORK Asian stocks were set to hold tight ranges on Friday after a mixed Wall Street session and as investors awaited key U.S. jobs data while sustained hopes about a global economic recovery kept pressure on the safe-haven dollar.

GLOBAL MARKETS-Asia's stock rally set to pause for breath ahead of U.S. jobs data

05 Jun 2020

NEW YORK, June 4 Asian stocks were set to hold tight ranges on Friday after a mixed Wall Street session and as investors awaited key U.S. jobs data while sustained hopes about a global economic recovery kept pressure on the safe-haven dollar.

GLOBAL MARKETS-Asian stocks reach two-month high on economic recovery hopes

04 Jun 2020

TOKYO/NEW YORK, June 4 Asian shares rose to a two-month high on Thursday as expectations of further government stimulus supported investor confidence in an economic recovery from the global coronavirus pandemic.

Asian shares hit two-month high as economic optimism spreads

04 Jun 2020

TOKYO/NEW YORK Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the global coronavirus pandemic.

GLOBAL MARKETS-Asian shares hit two-month high as economic optimism spreads

04 Jun 2020

TOKYO/NEW YORK, June 4 Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the global coronavirus pandemic.

GLOBAL MARKETS-Asian stocks set to extend gains as stimulus fans recovery hopes

04 Jun 2020

NEW YORK, June 3 Stronger appetite for riskier assets is set to lift Asian equities on Thursday, as government stimulus expectations support investor confidence in an economic recovery from the coronavirus.

World News