Zawya3h
Kenya: Banks enjoy 12% rise in profits despite decline in lending
Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, signalling the resilience of the banking sector ...
Ace banker Jamie Dimon on how JPMorgan did six months of work in two days and bought Bear Stearns in a night during the financial crisis in 2008
When no one had foreseen the 2008 financial crisis, JPMorgan CEO Jamie Dimon summoned JPMorgan staff back to the office at 9 ...
Musk’s value on Wall Street is rising as banks find buyers for X loans
Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence ...
Trump Media’s fintech platform is taking shape with 6 new ‘America First’ investment funds that will invest in the ‘Patriot Economy’
After announcing its investment platform Truth.Fi last week, the company is making headway toward releasing its first ...
bankingdive18h
Fed releases 2025 stress test scenarios
The stress test, which will include 22 banks compared to last year’s 32, will feature two added hypothetical elements for the ...