‘Bad Guys’ Review: Grinning Up To The Bank

[ad_1] a old joke among animation lovers That the difference between Pixar and DreamWorks is a matter of conceptual vision: Pixar movies tend to be wildly original achievements of creativity and imagination, while DreamWorks movies are often about anthropomorphic animals grinning at them doing pretty standard human things. There’s even a popular term for the …

‘Black Panther’ Director Ryan Coogler Wrong With Bank Robber

[ad_1] Bank of America apologized to director Ryan Coogler, who was presumed to be a bank robber and was briefly handcuffed by police in January while trying to withdraw money from an Atlanta branch. Mr. Coogler, best known for directing “Black Panther,” gave a cashier a withdrawal slip of more than $10,000 on January 7, …

Bank of England Keeps Interest Rates at Record Low

[ad_1] The Bank of England kept interest rates at record lows on Thursday and challenged market expectations for a rate hike to combat rising inflation. But the central bank said inflation will peak at around 5 percent in April, “materially higher” than previous expectations, signaling that rate hikes may be necessary in the coming months. …

Citigroup Becomes First Major U.S. Bank to Mandate Vaccines for Workers

[ad_1] Citigroup on Thursday told its employees it would require vaccination against Covid-19 as a condition of employment in the United States, making it the first major bank to grant such a mandate. “It has become very clear that Covid-19 is not going away anytime soon,” said Sara Wechter, the company’s head of human resources. …

European Central Bank Keeps Its Policy Stable

[ad_1] As major economies grapple with higher-than-expected inflation and ongoing supply chain disruptions, European Central Bank He kept his policy stance steady on Thursday. It continued its pandemic-era bond-buying program at a slightly slower pace than earlier this year and kept interest rates steady. policy makers last month. slowed down the pace of purchase from …

European Central Bank Keeps Its Policy Stable

[ad_1] As major economies grapple with higher-than-expected inflation and ongoing supply chain disruptions, European Central Bank He kept his policy stance steady on Thursday. It continued its pandemic-era bond-buying program at a slightly slower pace than earlier this year and kept interest rates steady. policy makers last month. slowed down the pace of purchase from …

Bank of America, Wells Fargo and Other Banks Report Strong Earnings

[ad_1] Four of the nation’s largest banks posted quarterly earnings that beat expectations on Thursday, continuing a strong earnings season for the financial sector. Solid reports from four banks (Bank of America, Wells Fargo, Morgan Stanley and Citigroup) highlighted their optimism about the economic recovery from the pandemic, even amid risks from the Delta variant …

Bank of America and Wells Fargo beat earnings estimates

[ad_1] Four of the country’s biggest banks are posting their financial results on Thursday, a day later. JPMorgan Chase made a solid start to the earnings season. Bank of America beat analysts’ expectations, reporting a profit of $7.7 billion, or 85 cents per share, for the quarter ended September. The bank’s dealmakers received a record …

Bank Groups Unite Against Biden’s Choice for Key Regulatory Post

[ad_1] White House officials saw this this summer when they began looking for new candidates to lead one of the banking industry’s top regulators. Saule Omarova as a compromise between the competing demands of moderate and progressive Democrats. ideological divisions are the other two candidates She would lead the Currency Control Office, but Ms. Omarova …

Evergrande is selling its $1.5 billion stake in a bank to help pay off debts.

[ad_1] Evergrande, the embattled Chinese real estate developer said Wednesday it has sold its stake in Shengjing Bank for about $1.5 billion, and the proceeds go to pay off its debts. A Chinese state-owned enterprise is buying a stake worth about 20 percent of the commercial bank. The move comes as Evergrande, which has outstanding …

Biden’s Election for Bank Regulator Worries Banks Are Too Powerful

[ad_1] The White House announced on Thursday that President Biden has chosen Cornell Law School professor Saule Omarova to head the Office of the Currency Supervisor, the regulator that oversees the largest US banks. If approved, Ms. Omarova, now growing up in Kazakhstan, will be the first woman and the first non-white person to serve …