Tag: Wells Fargo
High spending on bank rescues is putting a strain on US financial institutions
As of: January 12, 2024 3:33 p.m The reporting season has begun with the publication of the quarterly figures of the four largest US banks. The financial institutions have recently…
Big banks benefit, smaller institutes give way
New York Stock Exchange Fearless Girl statue in front of the New York Stock Exchange (Photo: Unsplash) Frankfurt The emergency takeover of the ailing US regional bank Bank First Republic…
The US Federal Reserve raises interest rates again significantly – by three-quarters of a point
Federal Reserve in Washington The Fed had already raised interest rates by 0.75 percentage points to between 1.5 and 1.75 percent in June – the sharpest increase since 1994. (Photo:…