UniCredit tops profit forecast, buys cloud-based bank
Italian bank UniCredit on Wednesday posted better-than-expected second quarter profit and said it was buying a Belgian digital bank with
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Banks
Deutsche Bank snaps 15-quarter profit streak on Postbank lawsuit provision
Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted
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Berkshire sells around $1.48 billion Bank of America shares, filing shows
Berkshire sells around $1.48 billion Bank of America shares, filing shows Source link
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CrowdStrike update that caused global outage likely skipped checks, experts say
CrowdStrike's routine update of its widely used cybersecurity software caused clients' computer systems to crash globally on Friday. Source link
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The death of the personal check: As retailers move toward ‘check zero,’ here’s what that means for you
Post-pandemic, Americans have embraced contactless and digital payment methods, while writing checks has steadily declined nearly into oblivion. Source link
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Discover sells student loan portfolio for up to $10.8 billion
Discover Financial Services said on Wednesday it had sold a private student loan portfolio for up to $10.8 billion to
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HSBC appoints Georges Elhedery as group CEO starting Sept. 2
Elhedery, who is the current chief financial officer, will replace outgoing head Noel Quinn in September. Source link
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Morgan Stanley to report second-quarter earnings
Morgan Stanley is likely to benefit from its Wall Street-centric business model. Source link
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Bank of America is about to report earnings — here’s what Wall Street expects
CEO Brian Moynihan told investors in April that net interest income would bottom in the second quarter. Source link
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