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Tag: banking


Activity, Trading

Bank Stocks Slump After Congress Greenlights Dodd-Frank Rollback

May 23, 2018

Via: TheStreet

The leash has been loosened, but banks may not care for it much. The financial sector followed the broader market lower on Wednesday, May 23, a day after Congress passed a plan that aims to roll back post-crisis bank regulations […]


Activity, Investment banking, Trading

Congress May Have Just Set in Motion a Huge Banking Industry Merger Wave

May 23, 2018

Via: TheStreet

It could be time to cash out on some Amazon.com Inc. (AMZN) and plow the winnings into several regional and community bank stocks. In one last step, the House of Representatives voted 258-159 on Tuesday, May 22, in support of […]


Products, Retail banking

Apple and Goldman Sachs to unveil new credit card

May 11, 2018

Via: Banking Technology

The WSJ cited people with knowledge of the process, and says the move comes as Goldman continues to make a push into consumer banking activities such as deposit-taking and personal loans. In a major blow to Barclays, the WSJ says […]


Products, Retail banking

GAFA in Banking. Will They or Won’t They?

April 23, 2018

Via: Finextra

There has been a lot written over the past few years about the so-called impact that GAFA (Google, Apple, Facebook & Amazon) will have on banking world in the future. These large tech companies are so intertwined with our lives […]


Activity, Investment banking

3 Top Bank Stocks to Buy Right Now

March 19, 2018

Via: Yahoo

After lagging the market for most of the post-financial-crisis period, bank stocks are on a tear as investors view them as the single-largest beneficiaries of rising interest rates and the recent passage of the Tax Cut and Jobs Act. But […]


Activity, Trading

Morgan Stanley shares pop after bank reports better-than-expected earnings

January 18, 2018

Via: CNBC

Morgan Stanley posted fourth-quarter earnings and revenue on Thursday that beat analyst expectations, excluding a charge related to the tax bill, as strong results in wealth management offset a big drop in fixed income trading revenue. Here’s how the banking […]


Business banking, Products

Open Banking: Redefining the Private Banker

January 18, 2018

Via: Finextra

The acclaimed author and social commentator Malcolm Gladwell once commented, “We learn by example and by direct experience because there are real limits to the adequacy of verbal instruction”. With Open Banking, private banking can be available to all A […]


Activity, Trading

Citigroup’s $18 Billion Loss Recalls Sins of the Financial Crisis, Shares Gain

January 16, 2018

Via: TheStreet

Citigroup Inc. (C) shares rose as the bank said its fourth quarter earnings exceeded analysts’ expectations, not counting a $18.3 billion loss it took to write down the value of tax credits saved up following its massive government bailout in […]


Capital and risk, Operational

Upgrade your banking software like TESLA

January 15, 2018

Via: Finextra

There’s a lot about TESLA’s way of doing business I admire; especially when I think about what it could bring to the world of financial technology. I don’t mean a banking system powered by lithium-ion batteries or setting up branches […]


Activity, Trading

Big bank stocks have plenty of juice left — here’s why

January 11, 2018

Via: Market Watch

While worries around Nafta and the bond market might be fading a bit, earnings season is ramping up. Delta’s results have cruised in today, and a couple of giant banks — J.P. Morgan JPM, +0.03% and Wells Fargo WFC, +0.10% […]