Wells Fargo

US banks to set aside $4bn for potential losses from bad loans

Wall Street will signal its concerns about the US economy in Q3 earnings next week

Eyes on the prize: Rory McIlroy leads US PGA after opening 65

Tiger Woods and Spieth at times must have felt like witnesses to McIlroy’s masterclass

Rory McIlroy likes what he finds in Tulsa at USPGA

‘I think you’re going to see a lot of different strategies this week’

Harrington’s competitive juices flowing in advance of Major test

Successive runner-up finishes on Champions Tour a confidence-booster for former USPGA winner

Rory McIlroy storms up the leaderboard in tough conditions at Wells Fargo

Irishman rose 44 places on Saturday to move within six of leader Keegan Bradley

McIlroy makes strong start to Wells Fargo with three-under 67

Double-bogey at his 13th hole did not derail Irishman as he made seven birdies in round

McIlroy looking to take Masters form into Wells Fargo title defence

33-year-old taking comfort in late Augusta form that offered cause for optimism

European shares rise as ECB keeps policy stance unchanged

Wall Street lenders report mixed figures ahead of end to trading week

Mixed bag for US banks as conflict disrupts sector

Banks stockpiling cash to cushion potential loan losses amid Ukraine war worries

Iseq trails Europe as leading stocks decline

Market dominated by €1bn offer for Hibernia Reit

Ukraine uncertainty keeps a lid on European shares but US markets rebound

Tech stocks keep the Nasdaq riding high

Ukraine invasion sends European stocks sliding to nine-month lows

Banks suffer worst session since March 2020

European shares decline and bond yields rise as US inflation hits 40-year high

Ryanair, AstraZeneca and Disney among the climbers as tech stocks drop

Fed’s war on inflation will expose some stock-market mirages

Joe Brennan: US central bank doesn’t have mandate to offer stock investors a sustained rally

Expectations build for more than three US rate rises this year

Fed officials and economists predict central bank will go beyond its baseline forecast for increases if inflation persists

JPMorgan beats profit estimates as dealmaking boom softens trading decline

Higher expenses see rival Citigroup report a 26% fall in profits

European stocks end flat as weak defensives outweigh tech gains

Analysts expect ‘choppy’ first quarter for US stocks ahead of first Fed interest rate hike

BNP Paribas to exit US retail market with $16.3bn Bank of the West sale

European banks have been retreating from US after struggling to compete with big lenders

Spectre of more virus restrictions keeps lid on European markets

Telecoms sector buoyant on KKR’s Telecom Italia dealmaking

Airlines fly high as European markets end good week on a high note

Financial services also fared well after strong earnings season for US banks

European shares advance as LVMH and SAP figures offset inflation fears

Iseq gains 0.7% with Flutter standing out

I met Joe in a bar in New Jersey and we never left each other’s side until our divorce

I ended up in the US unexpectedly. Now I look after ultra-high-net-worth clients

The flexibility factor: Who must go back to the office?

Tech firms tend towards maximum choice for staff, with financial firms the most rigid

Growing signs that stock markets are getting ahead of themselves

Market Beat: Investors are responding to target-beating results with a ‘meh’

Rising Covid cases rattle European markets

Dalata and ICG among the main decliners in Dublin

European shares keep losses in check after Fed calms fears

Apple and Hugo Boss among the risers as TUI Group and Bank of America slip

Rory McIlroy backs his ability to bounce back as he sets sights on Open glory

‘That’s why I always say in golf, ‘there is always next week’, and that’s a great thing’

Goldman wrestles with itself over higher pay for junior bankers

Investment banks have historically avoided significant inflation in fixed salaries

Plunge in Treasury yields reverberates around markets

Equities are churning and borrowing costs for corporations are tumbling

Aylien takes top prize at financial services innovation awards

Other winners include Revolut, Hanover Re Ireland, Fund Recs and Mail Metrics

Business schools must promote social responsibility alongside profit

Colleges should instil ethics and quest for greater good into monetary goals

Rory McIlroy’s revived energy shines through ahead of US PGA

Improved form and rediscovered confidence will help McIlroy tackle ‘really tough test’

Rising star Will Zalatoris hopeful of a big performance in US PGA

Youngster believes his strong ball-striking will prove valuable on Kiawah Island

Golf’s response to Saudi-led breakaway at odds with Super League revolt

Rory McIlroy spoke out on issue but most players are happy to stay quiet and negotiate

Harry proves a Diamond in the rough as Rory McIlroy returns to winning ways

Caddie played vital role with advice to take drop on the 18th following wayward tee shot

Rory McIlroy outlines why he will not be joining any golf breakaway tour

‘People can see it for what it is, which is a money grab’

Shane Lowry swings in behind Offaly GAA in new partnership

‘I don’t just want to put my name to something and then not get involved’

Total bank losses from Archegos implosion exceed $10bn

Nomura suspends head of prime brokerage after reporting biggest quarterly loss since 2008 due to debacle

Losses continue to mount at Dublin Liberties Distillery

Accumulated losses rise to €5.4m for company which opened a distillery in 2019

‘A good first step’: Minneapolis wakes to new reality after Chauvin verdict

Anxiety and fears subside as people pay their respects at George Floyd murder site

YOU MAY ALSO LIKE...

The Irish Times ePaper

Stardust

Inquests into the nightclub fire that led to the deaths of 48 people

Common Ground

How does a post-Brexit world shape the identity and relationship of these islands