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Entain sets aside £585 million to cover turkish bribery probe

Entain PLC (LSE:ENT)  is making a whopping £585 million provision as it closes in on an agreement wit...

August 10, 2023, 2:35 am

Ready capital: leverage vs. distributions

Ready Capital reported Q2-2023 results with a higher provision for credit losses. Distributable income ...

August 8, 2023, 4:01 pm

Binance acknowledged in el salvador, granted crypto exchange license

Binance has obtained two licenses in El Salvador from the country’s central bank and the commission in charge of digital assets. The licensing bring...

August 8, 2023, 3:55 pm

Dark cloud warning: 3 solar stocks for your must-sell list

Solar stocks had a great year so far, with the 2022 Inflation Reduction Act including multiple incentives for homeowners to jump on the solar bandwago...

August 8, 2023, 3:40 pm

Edgewater markets: uk offerings expand under fca licence

The FCA licence signifies an important milestone for the company, which has been in business for approximately 10 years. It allows Edgewater Markets t...

August 8, 2023, 10:14 am

Pboc says to continue to implement prudent monetary policy accurately

To maintain reasonable and sufficient liquidityTo effectively prevent and fend off financial risks in key areasTo maintain stable operation of foreign...

August 1, 2023, 11:59 am

Norwood financial: a strong q2 thanks to a provision reversal

Norwood Financial is the holding company which owns the Wayne Bank, headquartered in Pennsylvania. The bank has just over $2B in total assets. The sto...

July 30, 2023, 11:40 am

New york community (nycb) q2 earnings beat, stock rises 5.1%

High revenues, solid deposit balance and decent loan growth support New York Community's (NYCB) Q2 earnings, while rising provisions and non-interest ...

July 28, 2023, 2:45 pm

Revive therapeutics files patent application to treat chemical warfare agents exposure

Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF). said it has filed a provisional patent application for the use of Bucillamine as a potential treatment...

July 28, 2023, 8:11 am

Bok financial (bokf) q2 earnings miss while revenues beat

Higher net income and an increase in loan balances support BOK Financial's (BOKF) Q2 earnings while a rise in provisions and operating expenses hurt....

July 27, 2023, 1:12 pm

Prosperity bancshares (pb) stock rises despite q2 earnings miss

An increase in operating expenses, rise in provisions and fall in net revenues hurt Prosperity Bancshares' (PB) Q2 earnings. However, solid loan growt...

July 27, 2023, 12:27 pm

Raymond james (rjf) stock down 2.6% on q3 earnings miss

Subdued IB and trading performance, higher provisions and a rise in expenses hurt Raymond James' (RJF) fiscal Q3 earnings....

July 27, 2023, 10:13 am

Barclays boosts dividend as profit jumps, but bad debts double

Barclays PLC (LSE:BARC) saw bad debt provisions more than double in the second quarter but still reported strong growth in profitability, boosted by r...

July 27, 2023, 2:55 am

Bankunited (bku) stock gains 3.2% despite q2 earnings miss

A rise in operating expenses and a fall in NII hurt BankUnited's (BKU) Q2 earnings, while an increase in non-interest income and lower provisions offe...

July 26, 2023, 1:10 pm

Lloyds faces gathering storm clouds as bad debt provisions mount

Lloyds Banking Group PLC (LSE:LLOY) shares slipped as analysts warned of gathering clouds ahead for the UK's largest lender after a jump in bad debt p...

July 26, 2023, 7:06 am

Fedex's (fdx) pilots vote against provisional agreement

Following the adverse voting outcome, negotiations between FedEx's (FDX) pilots' union and the company, under the supervision of the National Mediatio...

July 25, 2023, 12:22 pm

Comerica (cma) gains 6.5% on q2 earnings beat, nii growth

An increase in revenues, supported by higher rates and loan growth aids Comerica's (CMA) Q2 earnings. However, increasing expenses and higher provisio...

July 21, 2023, 2:28 pm

Capital one (cof) q2 earnings beat as revenues increase y/y

Capital One (COF) records a rise in expenses and provisions in the second quarter of 2023....

July 21, 2023, 11:28 am

Regions financial (rf) q2 earnings miss, revenues beat

Higher NII on the back of decent loan demand and rising rates support Regions Financial's (RF) Q2 earnings amid increased provisions, deposit outflows...

July 21, 2023, 11:27 am

Why american express is feeling good about credit, even as it builds reserves

American Express Co. boosted its provisions for credit losses in the latest quarter, though executives anticipate credit trends will remain healthy....

July 21, 2023, 11:14 am


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