Banks

NAACP Awards 2024 – See Photos of More Than 60 Stars in Attendance! | Aaron Pierre, Amanda Gorman, Amin Joseph, Andra Day, Claudia Jordan, Cord Jefferson, Courtney B. Vance, Danielle Brooks, Danielle Pinnock, Dannella Lane, DDG, Delroy Lindo, Devale Ellis, Dewayne Perkins, Donnie Wahlberg, Dule Hill, Erika Alexander, Eva Marcille, Fantasia Barrino, Glynn Turman, Halle Bailey, Idris Elba, India Amarteifio, Jabari Banks, Jazmyn Simon, Jeffrey Wright, jo-an turman, John Boyega, jonthan majors, June Ambrose, Keke Palmer, Kenya Barris, Kerry Washington, KJ Smith, Kyla Pratt, Leah Talabi, Leslie Jones, Lil Rey Howery, Lisa Ann Walter, lola barris, Mariama Diallo, Meagan Good, Meagan Tandy, Michelle Buteau, Misty Copeland, naacp, naacp awards, Nathalie Emmanuel, Nicole Beharie, Novi Brown, Octavia Spencer, Quinta Brunson, Robin Thede, Sabrina Elba, Sam Jay, Shameik Moore, Sheryl Lee Ralph, Skyh Black, Stephen Love, Taraji P. Henson, Terrence J, Teyonah Parris, Tichina Arnold, Tisha Campbell, Trevor Jackson, Usher, Vincent Hughes, Vivica A. Fox, William Stanford Davis, Yara Shahidi | Just Jared: Celebrity News and Gossip

by

So many stars attended the 55th Annual NAACP Awards on Saturday evening (March 16) at the Shrine Auditorium and Expo Hall in Los Angeles. The annual event featured a star-studded red carpet with appearances from the likes of Halle Bailey, Keke Palmer, Kerry Washington, Fantasia Barrino, Taraji P. Henson, Quinta Brunson and so many stars. … Read more

HSBC is ‘very positive’ about the future of China’s economy, CFO says

by

The Hong Kong observation wheel and the HSBC building in Victoria Harbour in Hong Kong. Ucg | Universal Images Group | Getty Images HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s chief financial officer told CNBC. Growth in China has been weighed down … Read more

Morgan Stanley names head of artificial intelligence, Jeff McMillan

by

The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial intelligence, CNBC has learned. The bank … Read more

When are the world’s central banks cutting rates in 2024?

by

Euros, U.S. dollars, Canadian dollars, Russian rubles and Czech korunas lie on a table as banknotes.  Picture Alliance | Picture Alliance | Getty Images As inflation loosens its grip in most economies, investors are closely monitoring interest rate decisions, with markets expecting a slew of rate cuts this year. While rates in most economies are … Read more

Dior Beauty Celebrates New Fragrance with Star-Studded Pop-Up Event in Los Angeles | Adam DiMarco, Akira Akbar, Alexandra Shipp, Ally Maki, Alycia Debnam Carey, Anna Diop, Antonia Gentry, Banks, Beatrice Granno, Courtney Eaton, Eli Brown, Erinn Westbrook, Extended, Fashion, Felix Mallard, Jaeden Martell, Jamie Chung, Justice Smith, Lana Condor, Liza Soberano, Lucy Hale, Madelaine Petsch, Madeleine Arthur, Maggie Rogers, Mamoudou Athie, Nikki Rodriguez, Noah LaLonde, Sofia Wylie, Sophie Thatcher, Thomasin McKenzie, Will Peltz | Just Jared: Celebrity News and Gossip

by

Lucy Hale, Lana Condor, and Alexandra Shipp are among the stars who attended a pop-up to celebrate the new Miss Dior fragrance from Dior Beauty. The pop-up, named Miss Dior Avenue, brought visitors back to the 1960s with various rooms including a cinema, a flower shop, and a parfumerie. Banks performed for the crowd at … Read more

NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

by

New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital. The bank had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the … Read more

Why private equity has been involved in every recent bank deal

by

Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, D.C., on Dec. 2, 2020. Greg Nash | Reuters The $1 billion-plus injection that New York Community Bank … Read more

NYCB shares rebound after troubled regional bank announces $1 billion capital raise

by

Struggling regional lender New York Community Bancorp announced a $1 billion capital raise and a leadership shakeup on Wednesday, headlined by former Treasury Secretary Steven Mnuchin, leading to a sharp rebound for its stock. NYCB has agreed to a deal with several investment firms including Mnuchin’s Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital … Read more

China’s PBOC governor says there’s room to cut banks’ RRR

by

China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to prop up consumer prices. Bloomberg | Bloomberg | Getty Images BEIJING — China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to “mildly” … Read more

StanChart CEO says ESG is good for business

by

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12, 2024. Ryan Lim | Afp | Getty Images Standard Chartered chief executive Bill Winters says environmentally conscious investing can be good for business, dismissing the impact of a U.S. crusade against … Read more