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Major Banks May Earn, But Market Rally May Peter Out: Barron’s Daily
As the four largest U.S. banks—JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup—report earnings this week, some analysts are warning clients that valuations are stretched and that the current market rally could soon lose momentum.

By The Financial District
Jul 161 min read


Bank of America Loses Major Kuwaiti Sovereign Fund Investor
Bank of America has lost another key investor as the Kuwait Investment Authority (KIA)—the Gulf state’s trillion-dollar sovereign wealth fund—sold its $3.1 billion stake in the bank.

By The Financial District
Jul 111 min read


Brazilian Police Nab Suspect In $100-M Banking Hack
Police in Brazil have arrested a suspect linked to a cyberattack that diverted more than 540 million Brazilian reais (about $100 million) from the country's banking system.

By The Financial District
Jul 101 min read


12 Red States Slash Services To Fund Tax Perks For The Wealthy
At least 26 states have launched “government efficiency” initiatives in recent months, typically through executive orders, legislation, or the creation of legislative committees.

By The Financial District
Jul 102 min read


Japan Pension Fund Loses $61.1 Billion Due To Weak Dollar
Japan’s Government Pension Investment Fund (GPIF) reported a major quarterly loss, driven by a weakening U.S. dollar and declines in both foreign and domestic assets.

By The Financial District
Jul 101 min read


Digital Payments Use In PH Nears 60% Of All Retail Transactions
Digital payments usage continues to expand in the Philippines, now capturing a 59.0 percent share of total monthly retail transactions in terms of value and 57.4 percent in terms of volume.

By The Financial District
Jul 103 min read


Ripple Applies For A National U.S. Banking License
Big news in crypto: Ripple has applied for a U.S. banking license.

By The Financial District
Jul 81 min read


Thrift Banks: Fueling Grassroots Growth And Nation-Building
The Philippines’ Thrift Bank Industry continues to serve as the quiet workhorse of inclusive economic growth in the country.

By The Financial District
Jul 24 min read


Fed Says Banks Can Withstand Economic Downturn
Twenty-two of the largest U.S. banks are well-positioned to endure a severe economic downturn and continue lending, with firms maintaining robust capital levels even after sustaining hundreds of billions of dollars in losses.

By The Financial District
Jul 21 min read


UAE Fund Buys $100-M Of Trump’s World Liberty Tokens
A United Arab Emirates–based fund has bought $100 million worth of digital tokens issued by World Liberty Financial.

By The Financial District
Jul 21 min read


DOJ Seizes $225 Million In "Pig Butchering" Crypto Scam
The U.S. Department of Justice (DOJ) has requested court approval to seize $225 million tied to a so-called “pig butchering” cryptocurrency scam.

By The Financial District
Jun 241 min read


Crypto Tries to Go Mainstream—And Faces Huge Hurdles
In 2020, you could buy one Bitcoin for less than $10,000. On Friday, you’d have had to pay 10 times as much.

By The Financial District
Jun 52 min read


Companies Turn to Private Credit Amid Trade Tariff Uncertainty
Amid renewed trade tariff volatility, companies are increasingly bypassing traditional banks in favor of private credit firms to secure loans.

By The Financial District
Jun 51 min read


U.S. Loses $14-B In Clean Energy Projects Amid Policy Uncertainty
More than $14 billion in U.S. clean energy investments have been canceled or delayed so far in 2025 due to uncertainty around President Donald Trump’s proposed tax overhaul.

By The Financial District
Jun 31 min read


Wells Fargo Warns Trump: Tariffs Won’t Bring Back U.S. Manufacturing Jobs
President Donald Trump continues to tout tariffs as a tool to revive U.S. manufacturing.

By The Financial District
Jun 21 min read


Bitcoin And MicroStrategy Enter Rare Period Of Market Calm
Bitcoin and MicroStrategy—now rebranded as Strategy—are showing their lowest levels of volatility in more than a year.

By The Financial District
May 281 min read


Jamie Dimon: JPMorgan Will Not Pull Back From China
JPMorgan CEO Jamie Dimon reaffirmed the bank’s commitment to China despite rising geopolitical tensions, calling the country a critical long-term investment.

By The Financial District
May 281 min read


After Shunning Bitcoin, Banks Now Want Their Own Crypto
Some of America’s largest banks missed the Bitcoin boom. Now they’re trying to reenter the crypto space—this time by issuing their own stablecoin—but their success is far from guaranteed.

By The Financial District
May 281 min read


Singapore Private Banks Seek Cash From Wealthy Chinese Scions
Over five days in Hong Kong, children of top-tier clients of Singapore’s United Overseas Bank (UOB) networked with prominent businesses in the Chinese-ruled city.

By The Financial District
May 281 min read


Crypto Industry Hopes For Win On Stablecoins
The crypto industry could notch its first major legislative win as the Senate moves closer to passing a bill to regulate stablecoins, a foundational part of the $3.3 trillion crypto market.

By The Financial District
May 281 min read


U.S. Social Security Beneficiaries Face 15% Cuts Next Month
Starting next month, Social Security beneficiaries who have fallen behind on their student loan payments will face garnishments of up to 15% of their monthly benefits.

By The Financial District
May 251 min read


Colombia Joining China-Backed Latin American Development Bank
Colombia’s government has applied to join a China-based development bank—another sign of Latin America’s drift away from the U.S.

By The Financial District
May 221 min read


Banks Are Sitting On $500-B In Unrealized Losses; Stagflation Could Trigger Crisis
Banks got caught “chasing yield” and took major losses when the Federal Reserve dramatically hiked interest rates to combat inflation.

By The Financial District
May 192 min read


Nissan Slashes 11,000 More Jobs As Turnaround Struggles Deepen
Nissan will cut an additional 11,000 jobs and scale back production following a year of wiped-out profits.

By The Financial District
May 191 min read
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