Tag: Citigroup
Wall Street closes little changed
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…
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…
US investors hunker down after bank bailout
New York Stock Exchange Fearless Girl statue in front of the New York Stock Exchange (Photo: Unsplash) Frankfurt After the rescue of the ailing bank First Republic, the US stock…
First Republic Bank before the end – A solution is expected for Sunday
First Republic Bank in Midtown Manhattan in New York City new York After another sharp drop in prices, the First Republic Bank apparently has little chance of surviving. An intervention…
First Republic Bank is struggling to survive – shares temporarily fall another 43 percent in after-hours trading
new York 9 First Republic Bank in Midtown Manhattan in New York City After another sharp drop in prices, the First Republic Bank apparently has little chance of surviving. An…
First Republic Struggles to Survive as Stock Plunges 50 Percent
Denver Regional bank First Republic is battling a loss of customer and investor confidence. The stock fell 50 percent on Tuesday. Concerns about the bank’s stability have returned after poor…
Three stocks whose uptrend is particularly stable
Rising share price The concepts of “relative strength” and “momentum” can help find stocks that are trending up. (Photo: imago/Ikon Images) Dusseldorf The German stock market has lost the momentum…
“We are experiencing an exceptional situation in every respect”
View of the New York City skyline In mid-March, the collapse of three US regional banks caused turmoil on the financial markets. (Photo: Reuters) Frankfurt The situation has calmed down…
The Turkish lira is under pressure ahead of elections
Istanbul, Frankfurt Turkish President Recep Tayyip Erdogan has difficult weeks ahead of him. According to polls, he will have to fear for his office in the elections in May. Probably…
Higher interest income boosts Bank of America profits
Goldman Sachs logo on the New York Stock Exchange. Unlike many of its competitors, the US investment bank earned less in the first quarter. (Photo: dpa) Frankfurt The interpretation of…
Dax rises to new high for the year – test of the 16,000 point mark is imminent
Dusseldorf The leading German index is aiming for 16,000 points: With 15,916 points, the Dax reached a new high for the year on Tuesday. In afternoon trading, the leading German…
Dax continues to climb – test of the 16,000 point mark is imminent
Dusseldorf The leading German index establishes itself above the 15,800 point mark. In morning trading, the leading German index was at 15,834 points on Tuesday, an increase of 0.3 percent.…
Interest rate concerns put pressure on Wall Street
new York Interest rate worries have hit Wall Street again ahead of more balance sheets from US banks. A surprisingly strong recovery in industrial activity in the state of New…
Banks are designing their own chatbot alternatives to ChatGPT
Frankfurt The shareholder letters from Jamie Dimon, head of the world’s largest bank JP Morgan, are something like a seismograph for the important issues in the financial world. In this…
Large US banks defy the crisis
new York A dichotomy is becoming apparent in America’s banking landscape: Big banks such as JP Morgan Chase, Citigroup and Wells Fargo are benefiting from the significantly higher key interest…
The deputy editor-in-chief’s weekly recap
Good morning everyone, I don’t know about you, but my pulse doesn’t automatically beat faster when we say in the conference: “Today we are doing something about the inverted yield…
Dow Jones, S&P 500, Nasdaq: US retail sales slow Wall Street
new York Weak retail sales in the US pushed Wall Street into the red on Friday despite strong balance sheets from major US banks. The Dow Jones lost 0.4 percent…
Dax closes 0.5 percent up
Frankfurt The German stock market was able to maintain its high level at the end of the week, but was lacking in momentum overall. Driven by the latest US economic…
JP Morgan Chase, Citi and Wells Fargo with profit jump
JP Morgan headquarters in New York The US bank published its figures for the first quarter of 2023 on Friday. (Photo: Bloomberg) New York, Frankfurt The major Wall Street institutions…
Dow Jones, S&P 500, Nasdaq: US retail sales slow Wall Street
new York Weak retail sales in the US pushed Wall Street slightly lower despite strong balance sheets from major US banks. The Dow Jones index of standard values was 0.1…