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Banks

Italian bank shares plummet as government unexpectedly imposes windfall tax

by Adrian Jhonsan
Italian bank shares plummet as government unexpectedly imposes windfall tax

ROME – August 7, 2023: (L-R) Carlo Nordio, Minister of Justice, Adolfo Urso, Minister of Enterprise and Made in Italy, Matteo Salvini, Deputy Prime Minister and Minister of Transport, Francesco …

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Categories World

Understanding the Dangers of Private Student Loans

by Adrian Jhonsan
Understanding the Dangers of Private Student Loans

Carlo Prearo | Istock | Getty Images Max out federal aid first People should consider taking out a private loan only when they have reached the federal student loan limits …

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Categories World

Goldman Sachs CEO, David Solomon, Places Bet on Asset Management

by Craig Fedirighi
Goldman Sachs CEO, David Solomon, Places Bet on Asset Management

David Solomon, Chairman and CEO of Goldman Sachs, recently participated in a panel discussion at the annual Milken Institute Global Conference in Beverly Hills, California. Goldman Sachs, known for its …

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Categories Business

European Central Bank Presses Pause, According to Commerzbank CFO

by Adrian Jhonsan
European Central Bank Presses Pause, According to Commerzbank CFO

The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …

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Categories World

Surge in China Property Stocks as PBOC Pledges Support for Private Companies

by Adrian Jhonsan
Surge in China Property Stocks as PBOC Pledges Support for Private Companies

A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images Chinese property stocks surged on Friday after the People’s Bank …

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Categories World

JPMorgan brand hit by Jeffrey Epstein lawsuits, says Dimon

by James Odonell
JPMorgan brand hit by Jeffrey Epstein lawsuits, says Dimon

Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday that lawsuits …

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Categories Politics

Economists Divided as Bank of England Faces Mixed Data in Making their Next Move

by Adrian Jhonsan
Economists Divided as Bank of England Faces Mixed Data in Making their Next Move

Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Pool | …

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Categories World

Jamie Dimon, CEO of JPMorgan, criticizes Fitch’s U.S. downgrade as ‘absurd’

by Adrian Jhonsan
Jamie Dimon, CEO of JPMorgan, criticizes Fitch’s U.S. downgrade as ‘absurd’

The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It doesn’t really matter that much” because …

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Categories World

CNBC and Statista Reveal the World’s Top 200 Fintech Companies

by Adrian Jhonsan
CNBC and Statista Reveal the World’s Top 200 Fintech Companies

From across the globe, spanning a diverse range of applications in finance, these are the world’s top 200 fintech companies. Together, CNBC and independent market research firm Statista compiled a …

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Categories World

Could India’s stock market continue its impressive rally to new all-time highs?

by Adrian Jhonsan
Could India’s stock market continue its impressive rally to new all-time highs?

According to Goldman Sachs, India is expected to become the world’s second-largest economy by 2075. The country’s strong growth prospects and recent stock market boom have attracted investor interest and …

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Categories World
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