Bloomberg When it comes to US banks’ lending risk, it doesn’t get much bigger than General Electric Co. The five biggest Wall Street firms have committed to lending at least $3.5 billion each to the industrial giant facing concerns about the sustainability of its debt. GE has almost $41 billion in credit lines it can draw from, according to its ...

Bloomberg Investors in Deutsche Bank AG have added the lender’s role in Danske Bank’s money laundering scandal to their growing list of worries. A management shakeup, weak earnings and political turmoil saw Deutsche Bank shares hit multiple lows this year. Now, concerns about its involvement in Europe’s biggest money-laundering scandal are weighing on the stock after the key whistle-blower pointed ...

Bloomberg Big US banks that are already smashing profit records will soon get a $5 billion windfall, courtesy of the federal government. The Federal Deposit Insurance Corp announced that lenders will no longer have to pay quarterly surcharges that cover some of the costs of insuring their customers’ deposits. Megabanks such as JPMorgan Chase & Co and Bank of America ...