Tag: finance

Capital and risk, Macroeconomic, Regulations

Moody’s sees government shutdown as a threat to the US economy, but not its credit rating

January 22, 2018


The U.S. government shutdown that began on Saturday is disruptive to the economy, but poses no immediate threat to its top-notch Aaa rating as long as it makes its debt payments on time, Moody’s Investors Service said on Monday. The […]

Capital and risk, Macroeconomic

As Economy Strengthens, Fed Ponders New Approach

January 9, 2018

Via: The New York Times

WASHINGTON — In the wake of a deep economic crisis and a disappointingly slow recovery, a growing number of experts, including some Federal Reserve officials, say it is time for the Fed to consider a new approach to managing the […]

Activity, Trading

Why Monday is a ‘big day for bulls’—and could suggest gains of nearly 20% in 2018

January 8, 2018

Via: Market Watch

The U.S. stock market has been strong in the few trading sessions of 2018, with major indexes rising in each of the four days of the year thus far, and hitting multiple records along the day. The gains have been […]

Activity, Investment banking

Snap shares fall after Cowen downgrades, predicts 30% slide

January 4, 2018


Snap shares fell 3 percent Thursday after a Wall Street investment firm found that ad buyers ranked the company lowest relative to other social media networks. Cowen lowered its rating for the photo messenger’s shares to underperform from market perform, […]

Capital and risk, Macroeconomic

Most Americans think Democrats would do a better job handling economy, despite success under Trump

December 20, 2017


A recent poll found that, for the first time since 2013, most Americans think Democrats would do a better job handling the economy. The latest NBC News/Wall Street Journal poll found that 35 percent of respondents say the Democratic Party […]

Activity, Channels, Investment banking

State Street unveils Quantextual Idea Lab for investment research

September 22, 2017

Via: Banking Technology

State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. […]

Activity, Channels, Investment banking

FactSet wins contract with National Bank Investments

September 12, 2017

Via: Finextra

FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that National Bank Investments Inc. (NBI) selected FactSet’s multi-asset class risk model, workstation, and analytics suite as its investment risk management and manager due diligence […]

Products, Retail banking

Banks and Credit Unions That Offer Free Checking Accounts

September 11, 2017

Via: GOBankingRates

Whether you’re looking for your first checking account or want to switch to a different one, the number of choices can be overwhelming. Start by looking for a free checking account. Free checking accounts are a great deal — and […]

Activity, Investment banking

First Internet Bank forms alliance with Lendeavor

September 7, 2017

Via: Finextra

First Internet Bank, a pioneer in the branchless delivery of banking services, today announced a national strategic partnership with Lendeavor, Inc., a San Francisco-based technology-enabled lender to healthcare practices. The partnership comprises a loan-purchase agreement and an equity investment in […]

Channels, Products, Retail banking

Bank of America’s New Mobile App Unveils Cardless ATM Withdrawals and PFM Tool

September 7, 2017

Via: Bank Innovation

EXCLUSIVE – Bank of America’s mobile app got a makeover today with a set of new features including a cardless ATM option. On Wednesday, the bank announced a slew of new features in an effort to enhance the banking experience […]