banks

Michael Barr (L), Vice Chair for Supervision at the Federal Reserve and Martin Gruenberg, Chair of the Federal Deposit Insurance Corporation (FDIC), testify about recent bank failures during a US Senate Committee on Banking, House and Urban…

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After depositor runs led to the collapse of Silicon Valley Bank and Signature Bank this spring, investors and onlookers wondered how similarly sized institutions would fare. Would they have to merge with bigger banks? Break up their…

Analysts believe the merged HDFC Bank is better placed than most of the other private banks as far as margin expansion and net interest income growth is concerned. Nikita Vashisht reports. Photograph: Shailesh Andrade/Reuters HDFC Bank…

MUMBAI: Banks will soon have to conduct a stress test on their loan portfolio to measure climate change vulnerabilities. The Reserve Bankof India deputy governor M Rajeshwar Rao said that the central bank will issue the guidelines to help…

Utkarsh SFB IPO got a tremendous response from investors.Investors experienced a significant listing gain of 60% from Utkarsh SFB's IPO, and the shares of Utkarsh SFB closed with an approximate 6% gain last. Utkarsh Small Finance Bank…

Wells Fargo building in San Francisco.Source: CNBCWells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock.The company also said its board of directors approved a previously announced dividend increase,…

Mary Callahan Erdoes, chief executive officer of asset management at JPMorgan Chase & Co.Simon Dawson | Bloomberg | Getty ImagesJPMorgan Chase executive Mary Callahan Erdoes sought advice for a $600 million tax issue from disgraced…

The Federal Deposit Insurance Corporation (FDIC) on Monday asked banks to amend their financial statements that “incorrectly” indicate uninsured deposits. The FDIC's warning comes after banks objected to a fee that was imposed with an…

Union Finance Minister Nirmala Sitharaman on Monday instructed public and private banks to refrain from threatening borrowers during the process of loan recovery and added that they need to deal with the situation in a humane and sensitive…