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US banks

US banks face loss risk from multi-family property loan exposure, says Fitch

WASHINGTON: US banks with significant lending exposure to some multi-family properties and particularly...

Published 29 Mar, 2024 04:45am

Business & Finance

US banks hold $3.3 trillion cash amid banking crisis, slowdown worries

NEW YORK/SAN FRANCISCO: US lenders are holding onto large piles of cash as insurance against a slowing economy,...

Published 11 Sep, 2023 06:32am

Business & Finance

S&P downgrades multiple US banks citing ‘tough’ operating conditions

S&P Global on Monday cut credit ratings and revised its outlook for multiple US banks, following a similar move...

Published 22 Aug, 2023 10:46am

World

Malaysia may sue Goldman Sachs over 1MDB scandal

KUALA LUMPUR: Malaysia may pursue lawsuits against Goldman Sachs over the US investment bank’s role in the...

Published 21 Aug, 2023 03:28pm

Business & Finance

Moody’s says US banks are still strong despite downgrades

NEW YORK: Ratings agency Moody’s said the U.S. banking sector is still strong even after it downgraded several small...

Published 08 Aug, 2023 09:31pm

Markets

Moody’s downgrades 10 US banks, warns of possible cuts to others

Ratings agency Moody’s downgraded the credit ratings of several US banks on Monday and warned it was reviewing the...

Published 08 Aug, 2023 09:53am

Fed officials spar over banking reform in rare open meeting

WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to...

Updated 29 Jul, 2023 09:33am

World

Fed’s Barr lays out plan to order more capital for large US banks

WASHINGTON: The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital requirements...

Published 10 Jul, 2023 08:20pm

Markets

US stocks open flat after GDP boost

NEW YORK: US stocks opened broadly flat Thursday, continuing a lackluster display despite a significant upgrade to...

Published 29 Jun, 2023 08:21pm

Business & Finance

Senior Fed official calls for ‘impartial’ review into bank failures

WASHINGTON: A senior Federal Reserve official has criticized proposals to increase bank capital requirements and...

Published 26 Jun, 2023 06:38am

World

Fed’s Waller: Not clear bank failures had a material effect on credit tightening

WASHINGTON: Changes in credit conditions since the failure of Silicon Valley Bank in early March are “in line” with...

Published 16 Jun, 2023 05:09pm

World

Yellen says more US bank consolidation is possible

WASHINGTON: US Treasury Secretary Janet Yellen said Wednesday it would not be surprising to see further...

Published 07 Jun, 2023 08:56pm

Business & Finance

Private equity steps up lending as US banks pull back

NEW YORK: The turmoil facing US regional banks has prompted some lenders to step back, leaving space for investors...

Published 29 May, 2023 04:27am

World

Yellen expects US regulators to be open to mergers among midsize banks

NIIGATA: The current banking environment and pressures on earnings of some U.S. regional banks may lead to some...

Published 13 May, 2023 10:00am

Editorials

Death rattle of a global order?

EDITORIAL: The market has clearly rejected the rhetoric that problems at SVB (Silicon Valley Bank), Signature Bank...

Published 06 May, 2023 06:23am

Markets

Asian finance leaders look to improve market safeguards

INCHEON: Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding...

Published 02 May, 2023 09:42am

Business & Finance

Fed may reverse rules that masked losses on SVB’s securities

NEW YORK: US Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal...

Published 22 Apr, 2023 03:38am

Opinion

Yellen goes to school

Surely, you can’t be accused of being a pro-Putin conspiracy hack if you’re quoting the US treasury secretary...

Updated 20 Apr, 2023 06:52am

Markets

Wall St ends lower amid rate hike worries

NEW YORK: Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal...

Published 17 Apr, 2023 06:41am

Opinion

Preparing for the ‘petroyuan’?

I wonder how long a certain Zoltar Pozsar, New York-based economist and investment research director at Credit ...

Published 30 Mar, 2023 06:35am

Markets

European stocks erase gains as banking sentiment remains fragile

PARIS: European stocks were flat on Tuesday after struggling for direction amid lingering fears of a deeper crisis...

Published 29 Mar, 2023 06:27am

Markets

S&P 500 slips after recent bounce, banks in focus

The S&P 500 index slipped on Tuesday after a three-day rally fueled by support measures for the banking sector...

Published 28 Mar, 2023 08:15pm

Business & Finance

‘Most vulnerable’ US banks lost $1 trillion in deposits in a year: JPMorgan

NEW YORK: JPMorgan Chase & Co analysts estimate that the “most vulnerable” US banks are likely to have lost a...

Published 23 Mar, 2023 09:35pm

Markets

European stocks crawl higher in run-up to Fed decision

PARIS: European stocks edged higher on Wednesday, extending gains for a third day, as investors awaited a crucial...

Published 23 Mar, 2023 05:47am

Markets

JPMorgan, other big US banks flooded with new clients post SVB collapse

A wave of customers have applied to shift their accounts to large US banks such as JPMorgan Chase & Co and...

Published 14 Mar, 2023 02:13pm

Opinion

Goldman Sachs CEO, after missteps, to take center stage at investor day

Goldman Sachs Group Inc’s Chief Executive David Solomon faces a reality check from investors on Tuesday as he...

Updated 25 Feb, 2023 07:04am

Business & Finance

US banks report solid results but warn of rising recession risk

NEW YORK: Large US banks reported a round of solid quarterly profits Friday, but cautioned of rising recession risks...

Published 17 Oct, 2022 06:35am

Markets

S&P 500, Nasdaq fall on fears of profit hit from inflation, rate hikes

NEW YORK: The S&P 500 and the Nasdaq fell on Tuesday in the run-up to a key inflation reading and the start of...

Published 12 Oct, 2022 05:46am

Business & Finance

US banks seen building $5bn in reserves as recession risks grow

WASHINGTON: The six biggest US banks are expected to set aside nearly $5 billion in the third quarter to cover ...

Published 12 Oct, 2022 05:46am

Markets

Nasdaq falls as US export controls on China weigh on chip stocks

NEW YORK: The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China’s...

Published 11 Oct, 2022 07:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

Markets →

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US banks

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