Wells Fargo
Will Dublin-headquartered Accenture survive or thrive in the age of AI?
The technology consultancy seeks to calm jitters with an investor day this week
Wall Street becoming wary of Netflix’s stock as lack of hit shows spark concern
Both HSBC and Wells Fargo have downgraded the streamer’s rating, citing weakening subscriber engagement
Dublin’s empty offices: White elephants and grey spaces in the ‘shadow market’
Multinationals are subletting vast amounts of unwanted space, but property firms forecast a shortage
Shares rally on hopes for fresh Middle East peace talks
PTSB shares slid 4.3% after Austrian Bawag was announced as winning bidder for Irish lender
MetroLink in deal for office headquarters in Dublin’s north docklands
Railway project team takes space for more than 400 workers at Coopers Cross scheme
Kennedy Wilson refinances €472m of Irish apartment portfolio debt
Loans represented 40% of the US property group’s debt due to mature this year
Dublin market underperforms European peers after volatile week
Homebuilders rise but banks have mixed day
Hypocrisy is everywhere with crypto and the banks
Capital flows from institutional investors are driving up the price of tokens such as bitcoin
Bad property debt exceeds reserves at largest US banks
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Surge in bad debts strike a sour note at top US banks
Earnings are expected to have shrunk in last quarter of 2023 due to unpaid debts and impact of high interest rates
Some 60,000 jobs shed by world’s biggest banks in one of worst years for cuts since financial crisis
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
Big banks to pay millions in fines for using WhatsApp
US regulators hit Wells Fargo and BNP Paribas for staff unofficially using of the service
Markets a sea of green as US inflation cools
Latest consumer price data boosts hopes that the Fed could end rate hikes soon
Markets dial down expectations for interest rate rises but sticky inflation still a worry
ECB expected to hike up rates by a further 0.25 per cent next month as core inflation remains strong
Investors dump US bank shares amid fears over bond portfolios
Sell-off sparked by $1.8bn loss at Silicon Valley Bank
US banks see profits top expectations despite signs of souring loans
Bank of America, Citigroup and JP Morgan Chase all increase bad loan provisions
Wall Street banks’ profits slide as weaker economy looms
Four of the biggest banks reported earnings on Friday
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
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’
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
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
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
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices