Bank

Spencer Platt/Getty ImagesBank of America says the ongoing "anything but bonds" bull market has led to a very top-heavy stock market.The firm is watching real 10-year yields and credit spreads for signals of when that AI-led rally could…

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024.Brendan Mcdermid | ReutersLONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new…

Starling Bank has appointed Ovo boss Raman Bhatia to be its permanent chief executive, taking over from interim CEO John Mountain ahead of a planned public listing.Bhatia is set to join the digital challenger bank in the early…

Germany appears to be in a technical recession thanks in part to climate policies, according to the country’s central bank. The German economy has struggled since 2022, flashing strong indicators that its economically-crucial…

Bloomberg (gated) with the info, views from Deutsche Bank global chief investment officer, Christian Nolting.sees a potential 5% to 10% correction in the US stocks, citing a slowing economyUS economy expected to grow by only 0.8% this…

An Hour AgoCNBC Pro: Tesla versus BYD: Analysts prefer one of them — giving it up to over 70% upsideU.S. electric vehicle giant Tesla has long been an investor darling, but its Chinese rival BYD is increasingly coming into its own.Last…

by Madeleine Hubbard   As Republicans lead state efforts to prevent minors from accessing pornography, the porn industry is fighting a renewed legal battle against the federal government after the Biden administration halted a rule…

by John Solomon   House Oversight Committee Chairman James Comer on Friday night pointedly dismissed the appointment of a special counsel in the Hunter Biden criminal probe as “another maneuver… to obstruct” Congress and vowed to…

by Steven Richards and John Solomon   In the weeks before she dined with Joe Biden at a swanky Washington D.C. restaurant in April 2014, Russian oligarch Yelena Baturina deposited $3.5 million into a bank account tied to Hunter Biden’s…

Federal Regulators made a deal with JPMorgan Chase to acquire First Republic Bank, allowing the biggest bank in the United States to grow and leading to worries about concentration in the sector,…