Browsing: takes

Key insight: Two more regional banks disclosed credit losses related to the bankruptcy of First Brands, the U.S. auto parts maker that filed for bankruptcy amid…

EQB Inc., parent of Equitable Bank and EQ Bank, is cutting about 8% of its workforce and taking $85 million in pre-tax charges as part of…

Barry Rosenstein, founder of JANA Partners.Adam Jeffery | CNBC Stock Chart IconStock chart iconCooper Companies MondayThe hedge fund, founded by Barry Rosenstein and known for pressuring…

Maple Financial has announced a new strategic equity investment from Nesto Group, made through its subsidiary CMLS, marking a deeper collaboration between some of Canada’s fastest-growing…

Key Insight: Tricolor Holdings specialized in subprime auto loans to undocumented immigrants in the South and Southwest.Supporting Data: The rise in subprime auto loan delinquency rates…

Pepsi soft drinks are displayed at a convenience store in San Francisco, California.Justin Sullivan | Getty ImagesPepsiCo shares popped Tuesday after Elliott Investment Management took a…

House Speaker Mike Johnson, R-La. Bloomberg News WASHINGTON — Interparty fighting once again waylaid Republicans’ “crypto week” as party hardliners huddled in House Speaker Mike Johnson’s…

A Klarna advertisement at the Metro Center metro station in Washington, DC, US, on Tuesday, June 3, 2025. Stefani Reynolds | Bloomberg | Getty ImagesSwedish fintech…

Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said its full launch would be held in July.Adek Berry |…

As freshly appointed agency heads aim to refocus their approaches to supervision, an emerging question is how much discretion will be left for bank examiners —…