Tag: United States
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US bank profits dip as lenders rebuild loss cushions
U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion. This is because larger firms grew their loan loss provisions...
US student loans set for rising delinquencies
A New York Federal Reserve analysis showed an increase in delinquencies last year among a smaller pool of U.S. student loans not covered by...
Gulf markets mixed amid US ban on Russian oil
Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....
Monzo abandons US banking license bid
British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...
Less social media, more socializing hits Pinterest as US user growth slows
Pinterest Inc said that the user growth in the United States was decelerating as people who used the platform for crafts and DIY projects...