Tag Archives: Banks

The U.S. banking system’s biggest operators are all due to report quarterly earnings tomorrow, October 14. The biggest bank by market capitalization, J.PMorgan Chase (JPM), is set to report its Q3 results on October 14 before the opening bell. Wall Street analysts expect the company to report earnings per share of $4.85 on revenues of $45.47 billion. (To know more, read this: JPMorgan Chase (JPM) …

U.S. banks are set to gain from a large cut in capital rules that could free up about $2.6 trillion in new lending, according to new research from Alvarez & Marsal. The change reflects a friendlier stance from Washington since Donald Trump returned to the White House. As regulators ease limits that were added after the 2008 crisis, big lenders …

Central Banks Now Hold More Gold Than U.S. Treasuries  Visual CapitalistView Full Coverage on Google News Source link

Maybe you’re not looking to snag an iPad, a robot vacuum or a VR headset this Amazon Prime Day because you’re set with what you already have. Instead, though, consider picking up a few discounted “essential” gadgets, or really, devices you don’t want to be left without in a pinch. Charging gear falls into this camp, and Anker makes some …

Gold Rally Points to Eroding Faith in Central Banks Worldwide  The Wall Street JournalView Full Coverage on Google News Source link

You may not be looking to spend big on tech this October Prime Day, but it’s still a good idea to look for tech essentials during the shopping event while you can get some at good discounts. Anker makes some of our favorite charging gear and I always end up picking up an accessory or two during Prime Day to …

The stablecoin-focused GENIUS Act, which was enacted in July, will trigger an exodus of deposits from traditional bank accounts into higher-yield stablecoins, according to the co-founder of Multicoin Capital. “The GENIUS Bill is the beginning of the end for banks’ ability to rip off their retail depositors with minimal interest,” Multicoin Capital’s co-founder and managing partner, Tushar Jain, posted to …

Concrete has long built our cities, but researchers now see it as a future power source, too. A new form of electron-conducting carbon concrete, or ec3, can store and release electricity. The breakthrough from MIT scientists shows how everyday walls, sidewalks, and even bridges could double as giant batteries. The material combines cement, water, ultra-fine carbon black, and electrolytes. Inside, …

Focus: US banks expect victory in capital requirements as Trump regulators revamp rules  ReutersView Full Coverage on Google News Source link

Trump’s Wealth, Once Spurned by Banks, Finds a New Home at Citi  Bloomberg.comView Full Coverage on Google News Source link