The Latest Breaking News on Financial Services

While regional banks like KeyCorp (NYSE:KEY) enjoyed a strong outing during the spring and summer seasons, sentiment started to wane just prior to fall. More recently, KEY stock got caught out amid the wave of volatility that struck the financial subsector. Notably, the SPDR SP Regional Banking ETF (NYSE:KRE) logged…

The bonuses – awarded during the bank’s three years of misconduct – have been condemned as ‘indefensible’ and ‘tone-deaf’, especially given recent job cuts

First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banks

Regional bank stocks rebounded Friday, clawing back part of the previous day's steep losses as a round of better-than-expected earnings helped ease—but not erase—credit fears that had roiled the sector.

Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks

Following a temporary lull, the regional bank storm has returned. On Oct. 16, the SPDR SP Regional Banking ETF (NYSE:KRE) tumbled 6.2%, its biggest one-day decline since early 2023.

Signs of credit stress send markets in Europe and Asia down, while investors turn to safe haven assets

European stock markets have fallen after two US regional lenders disclosed on Thursday that they were exposed to alleged fraud by borrowers

A war of words has erupted over the health of the U.S. credit markets, with Blue Owl Capital Inc. (NYSE:OWL) co-CEO Marc Lipschultz firing back at a stark warning from JPMorgan Chase Co. (NYSE:JPM) CEO Jamie Dimon.