Deutsche Bank’s US unit failed stress test
Deutsche Bank AG’s U.S. subsidiary failed on Thursday the second part of the U.S. Federal Reserve’s annual stress tests due to “widespread and critical deficiencies” in the bank’s capital planning […]
Fundamental Analysis
Instagram is booming: the new $100 bn company
Facebook-owned Instagram would be worth $100bn as a standalone company today, new research suggests, reported by Bloomberg. The company was bought by Facebook for $1bn in 2012, indicating that it […]
Moody’s: Tariffs could hurt US car industry
Auto stocks could be poised to go up in flames. President Donald Trump’s threat to slap fresh tariffs on car imports into the United States could weaken credit ratings for […]
Fed: Big Banks clear first stage of stress test
US banks’ hopes of making record payouts to shareholders over the coming year were boosted as the industry cleared the first round of the Federal Reserve’s stress tests — although […]
Bank of England: it’s not time for rising rate
The Bank of England raised the chances of an August rate rise after its chief economist joined two other members of its rate-setting monetary policy committee voting for an immediate […]
FED: Powell says strong case for further rate hikes
Federal Reserve Chairman Jerome Powell said sturdy U.S. economic growth has built a strong case for continuing to gradually lift interest rates, and he warned against policy complacency now that […]
Greece: final countdown for Eurogroup decisions
As Greece prepares to emerge from one of the region’s most wrenching economic periods, its creditors are drawing up plans to ensure it is never a problem for the rest […]
Trump is going ahead with China tariffs
US President Donald Trump has approved a plan to impose punishing tariffs on tens of billions of dollars of Chinese goods as early as Friday, a move that could put […]