Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle – CNBC
Commerzbank Chief Financial Officer Bettina Orlop speaks during a fourth-quarter earnings press conference at the bank's headquarters in Frankfurt, Germany, Thursday, February 13, 2020. Alex Krauss | Bloomberg | Getty Images Commerzbank said on Tuesday it had chosen its current chief financial officer, Bettina Orlop, a 10-year veteran, as its new chief executive officer in […]
Wednesday's big stock stories: What's likely to move the market in the next trading session – CNBC
Traders work on the trading floor of the New York Stock Exchange (NYSE) after the Federal Reserve's interest rate announcement on September 18, 2024 in New York City, USA. Andrew Kelly | Reuters Stocks @ Night is a daily newsletter sent out of business hours, bringing you the latest on what's on the horizon for […]
Trump's 10% credit card interest cap could hurt borrowers, experts say: 'Access to credit would dry up' – CNBC
Republican presidential candidate and former US President Donald Trump arrives at the Dort Financial Center in Flint, Michigan, for his first campaign event since a man with a rifle was arrested Sunday near a golf game at his Florida club, September 17, 2024. Scott Olson | Getty Images Former President Donald Trump made headlines last […]
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover – CNBC
Frankfurt/M., Hesse, February 15, 2024: The “Comerzbank” lettering is visible on the Commerzbank Tower in the heart of the banking district. Buoyed by a recovery in interest rates, Commerzbank is aiming for further profit growth after a record year. Photo: Helmut Fricke/dpa (Photo by Helmut Fricke/picture alliance via Getty Images) Picture Alliance | Picture Alliance […]
Here’s where to invest $1 million, according to the pros – CNBC
As the second half of the year began, stocks have fluctuated wildly since July, and volatility has dominated the market. The U.S. Federal Reserve cut interest rates for the first time in four years, and is expected to continue to do so. With interest rates expected to fall, some are calling for investors to pull […]
Japan top currency diplomat says watching for any build-up of yen carry trades: report – CNBC
Newly designed Japanese 10,000-yen banknotes move through a machine at the National Printing Bureau's Tokyo plant in Tokyo, Wednesday, June 19, 2024. The yen's sustained weakness has raised concerns about a possible resurgence of cost-push inflation, possibly weighing on private consumption. Bloomberg | Bloomberg | Getty Images Atsushi Mimura, a Japanese foreign exchange diplomat, said […]
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American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say – CNBC
An American Airlines Embraer E175LR (front), an American Airlines Boeing 737 (center) and an American Airlines Boeing 737 parked at LaGuardia Airport in Queens, New York City on May 24, 2024. Charlie Triboreaux | AFP | Getty Images American Airlines Under negotiation Citigroup Becoming an exclusive credit card partner and forcing rival issuers out Barclays […]
Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy – CNBC
The Japanese flag flies above the Bank of Japan's headquarters building (below) in Tokyo on April 27, 2022. Nogi Kazuhiro | AFP | Getty Images The Bank of Japan kept its policy rate unchanged at about 0.25% – the highest since 2008 – at the end of a two-day meeting on Friday. This decision: Reuters […]
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut – CNBC
A Japanese flag is raised as shoppers and pedestrians pass by a store in a shopping street in Tokyo, Wednesday, November 23, 2016. Tomohiro Osumi | Bloomberg | Getty Images Asia-Pacific markets opened higher on Friday, with Japan's Nikkei leading the way after Wall Street surged overnight following a big interest rate cut by the […]