Today: October 12, 2024
Today: October 12, 2024

M&T Bank's profit plunges on FDIC fee-related expense, costly deposits

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April 26, 2024
Reuters

(Reuters) - M&T Bank's fourth-quarter profit plummeted 37% on Thursday, due to higher deposit costs and a special assessment fee the lender has to pay to refill a government deposit insurance fund

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China's BYD expects to swiftly lift sales in Germany, executive tells FAS

Chinese electric carmaker BYD expects to boost sales in Germany within six months, executive vice president Stella Li said in an interview published on Saturday.

China's BYD expects to swiftly lift sales in Germany, executive tells FAS
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Maldives picks Centerview as debt adviser amid financing crunch

The Maldives has chosen U.S.-headquartered Centerview Partners to be its adviser on debt matters as the country battles to stave off a financial crisis, two

Maldives picks Centerview as debt adviser amid financing crunch
Asia|Business|Technology

Taiwan's China Airlines says no political pressure on new aircraft order

Taiwan's China Airlines is not facing any political pressure on its decision about whether to buy Boeing or Airbus aircraft for a refreshment of its long-haul fleet, the company's

Taiwan's China Airlines says no political pressure on new aircraft order
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Walz tries to burnish his everyman image with trip home to Minnesota

Walz tries to burnish his everyman image with trip home to Minnesota
Business|Economy|Lifestyle|Political|US

Protestors crowd mayor's office after housing board moves to outsource Section 8 program

Protestors crowd mayor's office after housing board moves to outsource Section 8 program
Business|Finance|Technology

Changing OpenAI's nonprofit structure would raise questions about its future

Changing OpenAI's nonprofit structure would raise questions about its future
Business|Europe|Finance

Verdi union against Commerzbank cross-border merger regardless of bidder nationality

Verdi union against Commerzbank cross-border merger regardless of bidder nationality