U.S. Bank Revolutionizes Home Borrowing Experience

May 15, 2019

Via: Yahoo

U.S. Bank welcomes spring with the launch of a comprehensive suite of industry-leading digital tools that will benefit homeowners – simple, smart and secure digital applications for home mortgages, home equity loans and home equity lines of credit, or HELOCs. […]

Fed’s Brainard says income inequality may be hampering U.S. economy

May 10, 2019

Rising inequality could be a factor behind sluggish growth in the U.S. economy in the wake of the financial crisis, said Federal Reserve Governor Lael Brainard on Friday. Consumer spending remains the main engine of growth in the U.S., and […]

Hiring was likely strong in April, but the market is still braced for a surprise

May 3, 2019


Economists expect that the job market remained strong in April, and the economy added 190,000 jobs, about the same as March. Markets were already on edge heading into the Friday employment report, and economists point to some variables that could […]


European banks sign up to gpi trial on TIPS

May 21, 2019

Via: Banking Technology

The institutions participating in the European pilot include Banque Internationale à Luxembourg, BBVA, Deutsche Bank, Natixis, Santander, Sberbank and UniCredit. The European Central Bank (ECB) and Swift have launched this initiative with the aim to extend the reach of instant […]

Capital and risk, Macroeconomic

The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed.

May 21, 2019

Via: The New York Times

WASHINGTON — America’s job market is booming and the economy is strong, but that combination is not raising prices the way it used to. Biscuit Head, a North Carolina restaurant chain serving up gravy flights and homemade jam, would be […]

Activity, Trading

Deutsche Bank shares hit record low as UBS downgrades stock to ‘sell’

May 20, 2019


Shares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a “sell” rating from “neutral.” Pointing to tough external events and the low interest rate environment, UBS slashed its price […]

Business banking, Products

JP Morgan buys health-care payments firm InstaMed in bank’s biggest deal since financial crisis

May 17, 2019


J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed $94 […]