The Latest Breaking News on Financial Services

Although the U.S. banking industry has staged a strong recovery from last year’s troubles, certain risks still cloud its growth prospects this year. Given this backdrop, should investors now consider buying Bank of America (BAC) and The Goldman Sachs Group (GS)? Keep reading.

Prime Minister Narendra Modi on Monday applauded the transformation that the Reserve Bank of India witnessed in the last decade. Read further on Dynamite News:

UBS CEO's compensation of 14.4 million Swiss francs in 2023 has ignited discussion, showcasing the contrast between European and American banking pay standards.

The IMF urged Switzerland on Thursday to strengthen its financial sector regulation as supervising UBS has become "more challenging" since it grew into a global banking behemoth after its takeover of Credit Suisse.

One Guangdong province-based bank lowers rate on five-year time deposits to 2.5% from 2.7% as expectations grow for a continued decline in loan rates

City Comment: I hope I am wrong about this deal

Lender says move is unrelated to takeover talks with Coventry Building Society

The electoral bonds skewed campaign and party financing heavily in the favour of the ruling party, besides putting a veil over the unscrupulous motivations for the donations

The U.S. banking industry is showing signs of recovery due to stabilizing asset quality, potential rate cuts this year, and lower expense growth. Therefore, investors could consider buying fundamentally strong bank stocks Capital Bancorp (CBNK), FS Bancorp (FSBW), and Old Point Financial (OPOF). Read more.