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Lloyds Banking Group reported Q3 pretax profit of 1.17 billion pounds, exceeding analyst forecasts despite a 36% year-over-year drop and car-loan probe provisions.
The U.S. dollar is under pressure as markets watch for signs of stress in regional bank earnings, a key factor that could influence Federal Reserve policy.
U.S. stocks face a crucial test as major banks prepare to release third-quarter earnings, with a government shutdown delaying key economic data and increasing market uncertainty.
Dubuque Bank & Trust, now part of UMB Financial Corporation, is laying off 38 employees in Dubuque, Iowa. The layoffs follow an acquisition earlier this year.
