Banks backpedal on climate amid federal scrutiny, anti-ESG pressure
Many of the largest U.S. banks and asset managers are retreating from their climate commitments amid rising federal scrutiny and an assault on environmentally conscious investing in state legislatures.

Could the Federal Reserve rule out rate cuts in 2024?
Investors seemed convinced just months ago that the Federal Reserve would begin slashing interest rates aggressively during the first quarter of the year. Now, some are wondering if the central bank might not cut rates at all in 2024.

What Happens To A Bank Account When Someone Dies
Designating beneficiaries to financial accounts"including bank accounts"can make things easier. This is especially true if someone dies without a will. There are steps you can take to make sure a bank account gets passed down the way its owner intended.

Empty US offices cause headache for German bank
While many European banks have avoided these assets on a grand scale, Deutsche Pfandbriefbank has embraced them.

Bank economists guardedly optimistic on business lending
Bank economists are expressing guarded hope that business lending will hold steady in 2024, marking a shift in sentiment after a year of industry turbulence.

Bank of England's Greene wants more evidence for rate cut
Markets are pressuring every central bank to cut rates. I would need to wait to see more evidence that inflation wasn't as entrenched as we may fear before I would be willing to vote (for a cut)

Bank of Montreal's Options Frenzy: What You Need to Know
The general mood among these heavyweight investors is divided, with 12% leaning bullish and 87% bearish.

European Central Bank posts first annual loss in two decades
The European Central Bank reported an annual loss of 1.3 billion euros ($1.4 billion) for 2023, its first loss since 2004, even as it released 6.6 billion euros in provision for financial risks.

US charges head of Russia's VTB Bank for sanctions violations
The United States on Thursday charged the CEO of Russian-state owned VTB Bank Andrey Kostin and two U.S.-based associates with sanctions violations as part of a flurry of enforcement actions aimed at Russia two years after it invaded Ukraine.