[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: Banking
EU Banking Watchdog Seeks to ‘Harmonize’ AML Measures With Extension to Crypto Firms
[ad_1] Last updated: January 16, 2024 01:24 EST | 2 min read Source: AdobeStock/Grecaud Paul Europe’s leading banking entity, the European Banking Authority (EBA), has extended its regulatory reach to…
Goldman Scores a Win With Sharply Higher Earnings
[ad_1] Updated Jan. 16, 2024 1:42 pm ET Goldman Sachs reported sharply higher earnings for the fourth quarter, giving the Wall Street Goliath a boost after a run of lackluster…
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
[ad_1] The European Union’s banking watchdog on Tuesday issued guidance for crypto firms to comply with its anti-money laundering and terrorist-financing requirements. By extending the scope of its existing measures…
Canada’s annual inflation rate accelerates to 3.4% in Dec, complicating path for BoC
[ad_1] OTTAWA – Canada’s annual inflation rate rose 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month. The federal…
Goldman Sachs profits up 51% but full year reflects difficult quarter
[ad_1] On a per-share basis, Goldman earned $5.48 per share, beating analysts’ expectations. ADVERTISEMENT Goldman Sachs’ profits jumped 51% from a year earlier, the investment bank said on Tuesday, helped…
Goldman Sachs Reports Sharply Higher Earnings, Helped by Asset and Wealth Management
[ad_1] Goldman Sachs reported sharply higher profit for the fourth quarter, bolstered by a strong performance in its asset and wealth management business. The bank on Tuesday said quarterly profit…
ETFs Make Bitcoin’s Problems Even Worse
[ad_1] Updated Jan. 16, 2024 12:01 am ET The new wave of U.S. bitcoin ETFs risk being doubly bad for investors. As holders of bitcoin they undermine the very purpose,…