Banking

Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.

A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president might survive fraud investigations and a business-world backlash

As inflation rises at its highest rate in years, many Americans who participated in a recent survey said having a more frequent pay schedule would help them with financial stress.

Fitch became the second major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside the country would provide its coverage instead.

Citibank just announced that it will eliminate its overdraft fees this summer, becoming the largest bank to cut its fees.

Tech companies including Apple, Google and Microsoft have suspended services in Russia, but the credit card service suspension is going to have more severe impact, according to an expert.

The World Bank Group is putting together financial help for Ukraine.

The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two.

Germany agreed to disconnect Russia from the SWIFT international banking system following their invasion of Ukraine. This move would essentially bar Moscow from top financial networks.

Russia's invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia's rating to 'junk' status, Moody's putting it on review for a downgrade to junk, and S&P and Fitch swiftly cutting Ukraine on default worries.

Following Russia's invasion of Ukraine, calls are growing for Russia to be cut off from the SWIFT banking network.

U.S. financial institutions are largely prepared to handle a new round of Russia-related sanctions in the wake of the invasion of Ukraine, given the steady ratcheting up of pressure against Russia over the past eight years and recent warnings of such measures from the Biden administration, according to experts with knowledge of the U.S. banking sector.

Britain's biggest domestic lender Lloyds said on Thursday it was on "heightened alert" for cyberattacks from Russia as the crisis in Ukraine has worsened.

Russia’s central bank said Thursday that it ordered brokers to stop allowing traders to place bets against Russian shares, a practice known as short-selling.

Bank of America CEO Brian Moynihan argued geopolitical events and supply chain issues are creating "additional uncertainty," but notes that overall the U.S. economy is strong based on consumer spending, low unemployment and wage growth.

Visa Inc. cards will be accepted at all Amazon.com Inc AMZN.O stores and sites as part of a global agreement, the companies said on Thursday.

Toronto-Dominion Bank froze two personal bank accounts to support ‘Freedom Convoy' protesters in Canada who are pushing back against vaccine mandates and other COVID-19 procedures.

Weary Credit Suisse investors fear a long wait for the bank to get back on piste after a string of scandals which have wiped billions off its market value and piled pressure on management.

President Biden had to decide between competing demands for the titanic sum of frozen assets the U.S. government sat on.

One bank stood above the rest in customer satisfaction for the second year in a row, according to J.D. Power.