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Banks

House Republicans subpoena Citibank over data shared after Jan. 6

by Adrian Jhonsan
House Republicans subpoena Citibank over data shared after Jan. 6

Chairman Jim Jordan, R-Ohio, conducts the House Judiciary Committee hearing on the “Report of Special Counsel John Durham,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll …

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Categories World

Jeffrey Epstein referred Obama White House counsel to JPMorgan

by James Odonell
Jeffrey Epstein referred Obama White House counsel to JPMorgan

Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., June 29, 2014. William B. Plowman | NBCUniversal | Getty Images Sex predator Jeffrey Epstein was …

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Categories Politics

Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’

by Milton Acorn
Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’

Morgan Stanley’s decision Tuesday to boost its price target on XPO Logistics (XPO) to $65 a share, from $45, could signal a “new king” in the trucking-and-logistics industry, CNBC’s Jim …

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Categories Science

Stock Markets: Tech is back

by Adrian Jhonsan
Stock Markets: Tech is back

Nvidia headquarters in Santa Clara, California, US, on Monday, June 5, 2023. Marlena Sloss | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international …

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Categories World

Bain’s Adani Capital deal to provide banking access to India’s underbanked population

by Adrian Jhonsan
Bain’s Adani Capital deal to provide banking access to India’s underbanked population

People walk past a screen displaying news featuring on Adani Group inside the BSE building in Mumbai, India, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images U.S. …

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Categories World

Several banks including U.S. Bank and Fifth Third are currently under scrutiny

by Craig Fedirighi
Several banks including U.S. Bank and Fifth Third are currently under scrutiny

The Moody's ratings downgrades and outlook warnings on a swath of U.S. banks this week show that the industry still faces pressure after the collapse of Silicon Valley Bank. Concern …

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Categories Business

Goldman Sachs Chief of Staff, John Rogers, Announces Decision to Step Back

by Craig Fedirighi
Goldman Sachs Chief of Staff, John Rogers, Announces Decision to Step Back

John Rogers, executive vice president and chief of staff at Goldman Sachs Group Inc., speaks during an interview at the Securities Industry And Financial Markets Association (SIFMA) annual meting in …

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Categories Business

Unveiling the Factors Fueling the Stock Market’s Selloff and Our Action Plan

by Milton Acorn
Unveiling the Factors Fueling the Stock Market’s Selloff and Our Action Plan

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Stocks sink Eli Lilly surges …

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Categories Science

Record Keeping Failures Result in $549 Million Fine for Wells Fargo and Other Wall Street Banks

by Craig Fedirighi
Record Keeping Failures Result in 9 Million Fine for Wells Fargo and Other Wall Street Banks

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, …

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Categories Business

Moody’s Downgrades Ratings of 10 U.S. Banks and Flags Downgrade Watch for Prominent Names

by Adrian Jhonsan
Moody’s Downgrades Ratings of 10 U.S. Banks and Flags Downgrade Watch for Prominent Names

A general view of the New York Stock Exchange (NYSE) on Wall Street in New York City on May 12, 2023. Angela Weiss | AFP | Getty Images Moody’s cut …

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Categories World
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