- + 3 ways Wall Street's largest banks are leveraging AI to increase profitability—Top finance leaders are becoming convinced that the tech will transform their businesses.
- + Banks do better when interest rate moves are predictable: Barclays' Jason Goldberg—Jason Goldberg, Barclays managing director & senior equity analyst, joins 'Money Movers' to discuss the key macro questions Goldberg will ...
- + Visa debuts a new product designed to make it safer to pay directly from your bank account—Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
- + Visa debuts a new product designed to protect consumers making bank transfers—Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
- + RBC Capital Markets: Market pricing of RBA rate cuts "totally misplaced"—Alvin Tan, Head of Asia FX Strategy at RBC Capital Markets cites elevated inflation rates and slowing growth in Australia as proof that the easing pat...
- + SoFi CEO: Consumer activity and sentiment are 'trending okay'—Anthony Noto, SoFi CEO, joins 'Money Movers' to discuss the current state of the consumer, red flags from the consumer, and how Americans feel...
- + Chase signs on as jersey patch sponsor of Golden State Valkyries, the Bay Area's WNBA expansion team—The Golden State Valkyries, the WNBA expansion team set to play in San Francisco in 2025, will have Chase as its jersey patch sponsor.
- + Investment banks under pressure: Here's what you need to know—CNBC’s Leslie Picker joins ‘Squawk Box’ to report on how Tuesday's market sell-off hit the investment banking.
- + Chase Bank says it is aware of viral 'glitch' inviting people to commit check fraud—In a statement, the bank said that depositing a fraudulent check is still fraud, “plain and simple.”
- + What's behind the rise in credit union M&A—CNBC's Leslie Picker joins 'Power Lunch' to discuss the rise of credit unions, why credit unions are borrowing from banks, and details abo...
- + Banks see inflection point as soft landing comes into view—CNBC's Leslie Picker reports on news from the banking sector.
- + Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO—Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.
- + There is 'lack of confidence' in market on Chinese banks' balance sheets: Strategist—Sunil Garg of Lighthouse Canton shares his outlook for e-commerce company PDD and compares China's banks sector to that of India and Korea's.
- + Portfolio manager discusses how they are rotating within the Japanese equity market—George Efstathopoulos of Fidelity International says that while they are becoming more neutral on the broader Japanese market, mid-cap and bank stocks...
- + Morningstar's Dave Sekera shares his top value stock picks—Dave Sekera, Morningstar's Chief U.S. Market Strategist says the best value is in the small cap category.
- + Three major retailers charge over $90 million in annual cash-back fees: Federal agency—Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.
- + Three major retailers charge over $90 million in annual cash-back fees: federal agency—Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.
- + Buy now, pay later firm Klarna swings to first-half profit ahead of IPO—Klarna said it made an adjusted operating profit in the first half of 2024, swinging into the black as the firm nears a hotly anticipated IPO.
- + 5 top money moves to consider before the Federal Reserve's first rate cut since 2020—As soon as the Fed starts lowering interest rates, many types of consumer loans and savings products will be impacted. Here's how to make the most...
- + Wolfe Research's Chris Senyek explains why investors should be 'overweight' financials—Sandy Pomeroy, Neuberger Berman senior portfolio manager, and Chris Senyek, Wolfe Research chief investment strategist, join 'Squawk on the Street...
- + UBS' Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue—After an intense weekend of negotiations in March 2023, UBS agreed to buy its embattled rival Credit Suisse. But not everyone was convinced it was a g...
- + Identity theft of America's youngest generation is on the rise—Identity theft of children — especially very young ones — is rising, and often slips under the radar until it is too late.
- + Banks will continue to outperform if the Fed starts to cut and there's a soft landing: RBC's Cassidy—Gerard Cassidy, RBC Capital Markets co-head of global financials research, joins 'Squawk on the Street' to discuss the latest market trends, s...
- + Deutsche Bank shares rise 4% after settlement of bulk of claims in long-running Postbank suit—Deutsche Bank has reached a settlement with the bulk of claims in the Postbank suit, which have been hanging over the bank for years.
- + Cryptocurrency 'pig butchering' scam wrecks bank, sends ex-CEO to prison for 24 years—Heartland Tri-State Bank in Kansas failed after CEO Shan Hanes caused $47 million in wire transfers to be sent to scammers running a pig butchering sc...
- + Twitter takeover represents the worst buyout for banks since the financial crisis: PitchBook—CNBC's Deirdre Bosa reports on news from Elon Musk's X.
- + Jim Cramer names 3 stocks to possibly sell in this very overbought market—The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
- + 5 money moves to consider before the Federal Reserve's first rate cut in years—Many types of consumer loans and savings products will be impacted once the Fed starts lowering interest rates. Here's how to position yourself to...
- + Chase Business Banking CEO: Small businesses don't yet know what to do with AI—Ben Walter, Chase Business Banking CEO, joins 'Squawk on the Street' to discuss how AI is impacting small businesses, the easiest AI onramp fo...
- + 'Late low ball': Lawyer slams Deutsche Bank settlement offer in long-running Postbank suit —Claimants argue Deutsche Bank underpaid for its acquisition of German retail banking giant Postbank in the late 2000s.
- + China's new loans hit a 15-year low, but investors 'should not panic'—China extended just 260 billion yuan of new loans in July, far less than the 450 billion yuan expected.
- + Rates need to move lower to see significant increase in refinancing, says Frost Bank's Phil Green—Phil Green, chairman and CEO of Frost Bank, joins CNBC's 'The Exchange' to discuss how lower Fed rates may impact the bank, mortgage trend...
- + Klarna takes on banks with a personal account and cashback rewards ahead of IPO—Klarna, best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe.
- + Revenue generated by UBS comes from bank's more volatile components, wealth manager says—Bruno Verstraete, founder of Lakefield Wealth Management, discuss the latest quarterly financial results from Swiss Bank UBS.
- + UBS CEO says it's too early to talk about a U.S. recession, but a slowdown is possible—UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a reces...
- + UBS can benefit from a more difficult environment in geopolitics: Porta Advisors—Beat Wittmann, chairman at Porta Advisors, comments on the Swiss bank UBS's second-quarter results and the macro environment.
- + Strategist explains why loan growth will be slow without China's property sector stabilizing—Jasmine Duan, senior investment strategist at RBC Wealth Management Asia says that without the Chinese property sector "finding a bottom" an...
- + UBS smashes second quarter profit expectations as Credit Suisse consolidation boosts revenue—Analysts expected revenue of $11.5 billion, according to an LSEG poll.
- + Valley Bank CEO on the health of banks, rate cut optimism and bank lending—Ira Robbins, Valley Bank CEO, joins 'Power Lunch' to discuss regional banks health, outlook for the sector and the impact of a Fed rate cut.
- + The 'carry trade' unwind has barely begun, investor says—Mark Carnegie, founding partner of M.H. Carnegie & Co, told CNBC that Japanese regional banks could face a situation worse than the 2023 U.S. bank...
- + Correction in Japanese bank stocks is 'overdone': Goldman Sachs—Makoto Kuroda of Goldman Sachs says Japanese banks are trading at levels where the risk of a U.S. recession is "already priced in".
- + KeyCorp CEO on Scotiabank stake: Gives us a lot of strategic latitude—Chris Gorman, KeyCorp CEO, joins 'Money Movers' to discuss Scotiabank's stake in Keycorp, how Keycorp was able to get the financing it did...
- + Monetary policy is not enough to foster growth, we need federal investments: Illimity CEO—Corrado Passera, CEO of Illimity, discusses the Italian bank's half-year results and the impact of European monetary policy.
- + JPMorgan rolls out AI assistant powered by ChatGPT maker OpenAI—CNBC's Hugh Son joins 'Squawk Box' with the latest news from JPMorgan Chase.
As of 9/7/24 7:41pm. Last new 9/7/24 10:39am. Score: 574
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