Tag: Banking and credit
Northeast banks Webster, Sterling to merge in all-stock deal
NEW YORK — Webster Financial Corp. is buying Sterling Bancorp in an all-stock deal that values Sterling at more than $5 billion, the northeastern...
Turkey to ban cryptocurrencies for buying goods, services
<p>ANKARA, Turkey — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a...
Turkey to ban cryptocurrencies for buying goods, services
ANKARA, Turkey — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a...
Turkish central bank maintains key rate unchanged at 19%
<p>ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Wells Fargo earned $4.74 billion in Q1, topping estimates
<p>SILVER SPRING, Md. — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing...
Powell defends Fed’s consideration of climate change risks
<p>WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday defended the Fed's increasing scrutiny of the threat that climate change could pose to the...
Profits at Goldman Sachs surge in 1Q, helped by trading
NEW YORK — Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from...
Wells Fargo earned $4.74 billion in Q1, topping estimates
SILVER SPRING, Md. — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing...
Powell defends Fed’s consideration of climate change risks
WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday defended the Fed's increasing scrutiny of the threat that climate change could pose to the...