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Bonds Are a Minefield. Where to Find 5% to 8% Yields Now.: After a tough start to the year, bonds should start to perk up. Where to find yields from 5% to 8%.
barrons.com/articles/bond-treasuries-income-yields-c42e0221
Bonds Are a Minefield. Where to Find 5% to 8% Yields Now.
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Last year, US banks added 94 new branches across the country in 2023, according to the FDIC. This marks the first annual period since 2012 more branches ... Show more   finance.yahoo.com/news/banks-are-building-more-branches-for-the-first-time-in-a-decade-130835898.html
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Unrelenting interest income pressure weighs down PNC's earnings: The Pittsburgh-based regional bank also emphasized expense control for the first quarter and ...
americanbanker.com/news/unrelenting-interest-income-pressure-weighs-down-pncs-earnings
Unrelenting interest income pressure weighs down PNC's earnings
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Relationship finance app Tandem debuts new goals feature: The Ann Arbor, Michigan-based fintech is working with two Michigan credit unions to pilot a service ...
americanbanker.com/creditunions/news/relationship-finance-app-tandem-debuts-new-goals-feature
Relationship finance app Tandem debuts new goals feature
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PayPal Stock Has Fallen Far Enough. It’s Time to Buy.: The once-highflying payments company now trades at a valuation more suitable for a midsize bank ...
barrons.com/articles/buy-paypal-stock-price-pick-9f73d83b
PayPal Stock Has Fallen Far Enough. It’s Time to Buy.
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PNC Stock Tumbles After CFO Trims NII Forecast: PNC Financial Services Group dropped the most since August after the company said this quarter’s net interest ...
bloomberg.com/news/articles/2024-02-21/pnc-slumps-most-since-august-after-cfo-trims-forecast-for-nii
PNC Stock Tumbles After CFO Trims NII Forecast
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Irish eyes were smiling on PNC Financial Services Group CEO Bill Demchak (with wife Debbie and his mother Tina Demchack), as he was honored with the Daniel M ... Show more   www.post-gazette.com/life/seen/2024/03/26/seen-the-ireland-funds-dinner/stories/202403260001
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PNC to Spend $1 Billion to Open New Branches, Renovate Others: PNC Financial Services Group Inc. said it will spend about $1 billion to open new branches and ...
trib.al/lLaPHMy
PNC to Spend $1 Billion to Open New Branches, Renovate Others
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Why the torrid pace of branch closings has cooled: Banks continued to downsize their retail networks and invest more in digital services last year ...
americanbanker.com/news/why-banks-are-closing-so-many-branches
Why the torrid pace of branch closings has cooled
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PNC Financial has tapped a longtime insider to be its president, potentially putting in place the company’s next chief executive as it gears up for a new era ... Show more
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Hard road for a soft landing? Recession risks have come down but still loom in 2024
usatoday.com/story/money/2024/01/16/recession-signs-soft-landing-forecasts/72209418007/
Hard road for a soft landing? Recession risks have come down but still ...
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Overdrawn checking account? Some banks still haul in millions in overdraft fees: Columnist Teri Sforza writes that the battle brews as feds prepare new rule to ...
ocregister.com/2024/01/15/overdrawn-checking-account-some-banks-still-haul-in-millions-in-overdraft-fees/
Overdrawn checking account? Some banks still haul in millions in overdraft ...
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Overdrawn checking account? Some banks still haul in millions in overdraft fees: Columnist Teri Sforza writes that the battle brews as feds prepare new rule to ...
ocregister.com/2024/01/12/overdrawn-checking-account-some-banks-still-haul-in-millions-in-overdraft-fees/
Overdrawn checking account? Some banks still haul in millions in overdraft ...
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U.S. bank CEOs expected to protest regulation push before Congress: The top bosses of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major banks are ...
reuters.com/business/finance/us-bank-ceos-expected-protest-regulation-push-before-congress-2023-12-04/
U.S. bank CEOs expected to protest regulation push before Congress
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Why some on Wall Street think the regional bank recovery can become a rebound in 2024
cnbc.com/2023/12/20/why-some-on-wall-street-think-the-regional-bank-recovery-can-become-a-rebound-in-2024.html
Why some on Wall Street think the regional bank recovery can become a ...
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How rising rates have hampered minority banks' quest for more deposits: After being undercapitalized for decades, some minority-led banks finally got large ...
americanbanker.com/news/how-rising-rates-have-hampered-minority-banks-quest-for-more-deposits
How rising rates have hampered minority banks' quest for more deposits
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From turtle doves to lords-a-leaping, the price of the ‘12 Days of Christmas’ just hit a record high
cnn.com/2023/11/29/economy/12-days-of-christmas-cost/
From turtle doves to lords-a-leaping, the price of the ‘12 Days of ...
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Banker of the Year: PNC's Bill Demchak: 2023 proved to be a rocky year for large regional banks. But under CEO Bill Demchak's guidance ...
americanbanker.com/news/banker-of-the-year-pncs-bill-demchak
Banker of the Year: PNC's Bill Demchak
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Citigroup layoffs, Truist expansion: Top banking news for November 2023: In November's roundup of top banking news: Citigroup approaches newest wave of job cuts ...
americanbanker.com/list/citigroup-layoffs-truist-expansion-top-banking-news-for-november-2023
Citigroup layoffs, Truist expansion: Top banking news for November 2023
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Price growth is slowing, but high inflation could still persist through most of 2024 and beyond. Read why there's still "a long way to go” before core ... Show more   cnb.cx/49E2oV6
Quick Glance: Surprising Drop in US Producer Prices in October
  • Last month saw the largest decrease in the producer price index for final demand since April 2020 at 0.5%.

  • The PPI increased by 1.3% in the 12 months through October, following a 2.2% rise in September.

  • Goods prices experienced a 1.4% decline in October, with a 15.3% decrease in gasoline prices being responsible for over 80% of the drop.

  • Food prices fell by 0.2%, while prices for light motor trucks decreased.
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12 Days Of Christmas Are More Expensive In 2023, Mirroring The Economy: The PNC Christmas Price Index (PNC CPI) is calculated using a method similar to the ...
forbes.com/sites/kellyphillipserb/2023/11/23/12-days-of-christmas-are-more-expensive-in-2023-mirroring-the-economy/
12 Days Of Christmas Are More Expensive In 2023, Mirroring The Economy
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How banks can boost customer savings: Mobile banking features that encourage customers to set savings goals can supercharge customer loyalty and attract new ...
americanbanker.com/news/banks-can-increase-how-much-their-customers-save-heres-how
 How banks can boost customer savings
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D1 Capital adds to Big Tech bets in third quarter, reveals new top holding: The buying of Big Tech stock marks a reversal from D1 Capital's moves earlier this ...
cnbc.com/2023/11/14/d1-capital-adds-to-big-tech-bets-in-third-quarter-reveals-new-top-holding.html
D1 Capital adds to Big Tech bets in third quarter, reveals new top holding
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Supermarket bank branches are closing 7 times faster than other locations: PNC, Citizens Financial and U.S. Bank shut the most in-store locations recently at ...
cnbc.com/2023/10/27/supermarket-bank-branches-closing.html
Supermarket bank branches are closing 7 times faster than other locations
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Regional bank CEOs in no rush to shift to fast payments: The chief executives of U.S. Bancorp, PNC and Comerica say that fraud, regulatory uncertainty ...
americanbanker.com/payments/news/regional-bank-ceos-in-no-rush-to-shift-to-fast-payments
Regional bank CEOs in no rush to shift to fast payments
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BOK forecasts solid loan growth, rising expenses: The Oklahoma-based bank is projecting a modest uptick in spending alongside continuing loan growth ...
americanbanker.com/news/bok-forecasts-solid-loan-growth-rising-expenses
BOK forecasts solid loan growth, rising expenses
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How data sharing could change under CFPB's proposed new rules: Banks already share consumers' transaction data with fintechs, mostly through data aggregators ...
americanbanker.com/news/how-data-sharing-could-change-under-cfpbs-proposed-new-rules
How data sharing could change under CFPB's proposed new rules
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The Most Powerful Women in Banking: No. 15, Stephanie Novosel, PNC Bank: Novosel, who leads PNC Financial Services's commercial bank, spent a lot more time ...
americanbanker.com/news/the-most-powerful-women-in-banking-2023-stephanie-novosel-pnc-bank
The Most Powerful Women in Banking: No. 15, Stephanie Novosel, PNC Bank
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PNC Says 4% Workforce Reduction Will Save $325 Million in 2024: PNC Financial Services Group Inc. said it started reducing headcount by 4% as the bank navigates ...
bloomberg.com/news/articles/2023-10-13/pnc-says-4-workforce-reduction-will-save-325-million-in-2024
PNC Says 4% Workforce Reduction Will Save $325 Million in 2024
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PNC Buys $16.6B Signature Bank Private Equity Loan Portfolio From FDIC: PNC Financial Services Group Inc. bought a $16.6 billion portfolio of capital-commitments ...
bloomberg.com/news/articles/2023-10-03/pnc-buys-book-of-signature-bank-s-private-equity-loans-from-fdic
PNC Buys $16.6B Signature Bank Private Equity Loan Portfolio From FDIC
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What's In Store For The S&P 500's Top Sectors This Earnings Season: Consumer discretionary stocks saw the highest earnings-estimate increase for the ...
investors.com/research/consumer-discretionary-stocks-capture-analyst-love-among-top-sectors/
What's In Store For The S&P 500's Top Sectors This Earnings ...
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The Most Powerful Women in Banking: No. 14, Deborah Guild, PNC Bank: Guild, the head of enterprise technology and security for PNC Financial Services Group ...
americanbanker.com/news/the-most-powerful-women-in-banking-2023-deborah-guild-pnc-bank
The Most Powerful Women in Banking: No. 14, Deborah Guild, PNC Bank
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These 3 bank stocks are Wall Street's favorites heading into earnings reports for the industry
cnbc.com/2023/10/12/these-3-bank-stocks-are-wall-streets-favorites-heading-into-earnings.html
These 3 bank stocks are Wall Street's favorites heading into earnings ...
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These stocks are looking mighty cheap going into earnings season: As the next earnings cycle approaches, here are some cheap stocks liked by analysts.
cnbc.com/2023/10/10/these-stocks-are-looking-mighty-cheap-going-into-earnings-season.html
These stocks are looking mighty cheap going into earnings season
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Wall Street will seek confirmation inflation is easing in the week ahead after Friday's jobs report
cnbc.com/2023/10/06/wall-street-will-seek-proof-inflation-is-easing-after-fridays-jobs-report.html
Wall Street will seek confirmation inflation is easing in the week ahead ...
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Calendar: What investors need to know for the week ahead: A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s ...
theglobeandmail.com/investing/markets/inside-the-market/article-calendar-what-investors-need-to-know-for-the-week-ahead-5/
Calendar: What investors need to know for the week ahead
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Deposit 'marketplace' launches with backing from BMO: BMO Financial Group will enable payments, hold deposits and more for Grounded Technologies ...
americanbanker.com/news/deposit-marketplace-launches-with-backing-from-bmo
Deposit 'marketplace' launches with backing from BMO
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After a rough spring for banks following the collapse of Silicon Valley Bank and Signature Bank, more bad news is hitting the sector. Last week ... Show more   on.forbes.com/6182P9bBm
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USAA wins patent agreement with Discover, vows to keep going after banks: The card network has agreed to pay USAA licensing fees for the use of mobile deposit ...
americanbanker.com/news/usaa-wins-patent-agreement-with-discover-vows-to-keep-going-after-banks
USAA wins patent agreement with Discover, vows to keep going after banks
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BofA Tosses Out Recession Forecast. What Comes Next. : The bank's economists said that given recent data, they now see a so-called soft landing ...
barrons.com/articles/bofa-recession-soft-landing-economy-f2ce2c1e
BofA Tosses Out Recession Forecast. What Comes Next.
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PNC Kicks Off US Regional Bank Earnings by Slashing Guidance: PNC Financial Services Group Inc. trimmed its full-year guidance for a further time this year ...
bloomberg.com/news/articles/2023-07-18/pnc-kicks-off-regional-bank-earnings-by-slashing-guidance
PNC Kicks Off US Regional Bank Earnings by Slashing Guidance
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Mortgage rates won't go back down to 3% in my lifetime, says real estate expert—here's why
cnbc.com/2023/07/11/real-estate-expert-mortgage-rates-wont-go-back-down-to-3-percent.html
Mortgage rates won't go back down to 3% in my lifetime, says real estate ...
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Bank Deals Are Back on the Table. Getting One Done Could Be Messy.: Bond losses and economic uncertainty are keeping potential mergers on hold—for now.
wsj.com/articles/bank-deals-are-back-on-the-table-getting-one-done-could-be-messy-3d77a2b2
Bank Deals Are Back on the Table. Getting One Done Could Be Messy.
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Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
cnbc.com/2023/06/28/fed-stress-test-2023-23-banks-weathered-severe-recession.html
Federal Reserve says 23 biggest banks weathered severe recession scenario ...
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Dividends are still growing, but growth in 2023 may be slower: After several years of rapidly increasing dividend payouts, the pace of growth may be slowing.
cnbc.com/2023/07/06/dividends-are-still-growing-but-growth-in-2023-may-be-slower.html
Dividends are still growing, but growth in 2023 may be slower
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PNC warns of waning loan demand, deposit cost pressure: The Pittsburgh superregional reported lower second-quarter earnings as net interest income tapered and ...
americanbanker.com/news/pnc-warns-of-waning-loan-demand-deposit-cost-pressure
PNC warns of waning loan demand, deposit cost pressure
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M&A stagnates, but regulatory resistance may ease: Bankers and a key government supervisor say the downfalls of multiple regional lenders reminded regulators ...
americanbanker.com/news/m-a-stagnates-but-regulatory-resistance-may-ease
M&A stagnates, but regulatory resistance may ease
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Banks pare back retention pay for executives after pandemic-era spree: During last year's proxy season, 14 large and midsize banks reported granting special ...
americanbanker.com/news/banks-pare-back-retention-pay-for-executives-after-pandemic-era-spree
Banks pare back retention pay for executives after pandemic-era spree
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U.S. Employers Added 339,000 Jobs in May: The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May ...
wsj.com/articles/may-jobs-report-unemployment-rate-economy-growth-2023-65ae1e96
U.S. Employers Added 339,000 Jobs in May
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Bank Runs Trash Long-Held Assumption on Deposits: Regulators and lenders valued customer accounts higher when interest rates rose.
wsj.com/articles/bank-runs-trash-long-held-assumption-on-deposits-474afcc5
Bank Runs Trash Long-Held Assumption on Deposits
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Mattel releases first Barbie doll with Down syndrome: The doll will “allow even more children to see themselves in Barbie," toy giant Mattel said Tuesday.
axios.com/2023/04/25/down-syndrome-barbie-doll-2023
Mattel releases first Barbie doll with Down syndrome
Quick Glance: Ellie Goldstein, a model, shares an empowering message about the first Barbie doll with Down syndrome.
  • Ellie Goldstein, a model and former "Glamour" UK cover star, has given a passionate message regarding the world's first Barbie doll with Down syndrome.

  • I'm honored that Barbie chose me to introduce the dolls to the world.

  • "It was an honour working with Barbie on the Barbie doll with Down syndrome," said Kandi Pickard, president and CEO of the National Down Syndrome Society.

  • "This means so much for our community, who, for the first time, can play with a Barbie doll that looks like them."
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PNC made available up to $15 billion in short-term debt to provide additional liquidity
reuters.com/markets/us/pnc-says-it-can-offer-up-15-bln-short-term-debt-ease-liquidity-worries-2023-05-02/
PNC made available up to $15 billion in short-term debt to provide ...
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Nvidia, PNC and more: CNBC's 'Halftime Report' traders answer your questions: "Ask Halftime" traders answer your questions about individual stocks and ETFs.
cnbc.com/2023/04/13/nvidia-and-more-cnbcs-halftime-report-answers-your-questions.html
Nvidia, PNC and more: CNBC's 'Halftime Report' traders answer your ...
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First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase: As part of its deal, 84 First Republic branches in eight states will reopen as JPMorgan ...
nytimes.com/2023/05/01/business/first-republic-bank-jpmorgan.html
First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase
Quick Glance: First Republic Bank Receives Bids from JPMorgan and PNC
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  • JPMorgan and PNC are two of the banks bidding for First Republic.
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First Republic Bank Getting Bids from JPMorgan and PNC : A bidding process for the bank's assets could conclude as soon as Sunday. The FDIC would simultaneously ...
barrons.com/articles/first-republic-jpmorgan-pnc-fdic-8f673da6
First Republic Bank Getting Bids from JPMorgan and PNC
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Jamie Dimon Wins Again in First Republic Bank Deal: CEO used JPMorgan’s massive balance sheet to beat out smaller banks to buy troubled lender
wsj.com/articles/jamie-dimon-wins-again-in-first-republic-bank-deal-f17f3b65
Jamie Dimon Wins Again in First Republic Bank Deal
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Inflation slows to 4.9% in April—here's what to expect for the rest of 2023: Inflation came close to stalling in April. But many economists still expect ...
cnbc.com/2023/05/10/inflation-slowed-in-april-what-to-expect-for-the-rest-of-2023.html
Inflation slows to 4.9% in April—here's what to expect for the rest of ...
Quick Glance: Egypt's Annual Inflation Eases for the First Time in 10 Months
  • Egypt's CPI increased by 1.8% in April, slower than previous months.

  • Food and beverage prices rose by 2.3% in April, with grain and bread prices up 7% and fish prices up 7.3%.

  • Poultry and meat prices increased by 0.9%.

  • Housing, water, electricity, natural gas, and fuel prices rose by 0.6%, while transportation prices rose by 0.9%.
Profile picture of Bloomberg
Regional Banks Could Tap Debt Market After Charles Schwab Raised $2.5 Billion in Bonds
bloomberg.com/news/articles/2023-05-22/regional-lenders-to-sell-bonds-after-charles-schwab-deal
Regional Banks Could Tap Debt Market After Charles Schwab Raised $2 ...
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Time running out for US financial firms to bid for ailing bank First Republic: Deadline of Sunday set for companies such as JPMorgan Chase to table offer for ...
theguardian.com/business/2023/apr/30/time-running-out-for-us-financial-firms-to-bid-for-ailing-bank-first-republic
Time running out for US financial firms to bid for ailing bank First ...
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Apollo, BlackRock Backed PNC’s Failed Bid for First Republic: Apollo Global Management Inc. and BlackRock Inc. were lined up to back PNC Financial Services Group ...
bloomberg.com/news/articles/2023-05-01/apollo-blackrock-backed-pnc-s-failed-bid-for-first-republic
Apollo, BlackRock Backed PNC’s Failed Bid for First Republic