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Comerica expects pressure on Q2, annual interest income forecast - Vimarsana News

Comerica expects pressure on Q2, annual interest income forecast

U.S. regional lender Comerica said on Monday it expects pressure on its net interest income forecast for the second quarter and full-year 2024 due to non-interest bearing balance trends. ...

Citi's new banking head Viswas Raghavan begins as CEO hails his 'intensity' - Vimarsana News

Citi's new banking head Viswas Raghavan begins as CEO hails his 'intensity'

Raghavan previously served as JPMorgan's CEO in the Europe, Middle East and Africa (EMEA) region, while also leading its investment and corporate banking and treasury services in the region. After joining JPMorgan in 2000, he held senior roles in debt and equity capital markets.

Saudi Arabia sets new test for international interest with $13.1 bln Aramco sale - Vimarsana News

Saudi Arabia sets new test for international interest with $13.1 bln Aramco sale

Saudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco, in a major test of international investor interest in...

Wells Fargo CEO says corporate business, trading held back by asset cap - Vimarsana News

Wells Fargo CEO says corporate business, trading held back by asset cap

Wells Fargo CEO Charlie Scharf said on Wednesday that the asset cap imposed on the bank by regulators is curtailing its ability to take in more corporate deposits and expand its trading business. ...

Goldman Sachs CEO says Fed unlikely to cut rates this year - Vimarsana News

Goldman Sachs CEO says Fed unlikely to cut rates this year

Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates this year. I'm still at zero cuts, Solomon said at a Boston College event....