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Category: Activity


Activity, Channels, Corporate banking

UniCredit on edge of tomorrow with new innovation team

January 17, 2019

Via: Banking Technology

It will be a mixture of internal and external specialists. Unicredit says this follows on from the recent appointment of Finja Kütz as group chief transformation officer. Kütz says it is an “exciting initiative which aims to actively deliver tangible […]


Activity, Trading

Stocks under pressure after weak bank earnings, Huawei probe

January 17, 2019

Via: Market Watch

U.S. stocks ticked lower Thursday morning, putting the indexes in position to end a two-day rise as investors digested quarterly earnings results and watched for impact from a nearly one-month partial shutdown of the government. How are benchmarks faring? The […]


Activity, Corporate banking

Bank of America Doubles Profit in Fourth Quarter, Beats Estimates

January 16, 2019

Via: TheStreet

Bank of America Corp. (BAC – Get Report) said profit doubled in the fourth quarter from a year earlier, when the second-largest U.S. bank took a big write-down related to passage of the 2017 tax law. Net income rose to […]


Activity, Trading

Bitcoin is displaying a ‘lethargic base’ and has yet to find a bottom, says analyst

January 16, 2019

Via: Market Watch

Bitcoin prices are trading marginally higher on Wednesday, continuing to oscillate either side of $3,500. In early morning trading, one bitcoin BTCUSD, +1.49% was fetching $3,667.69, up 2.1% since Tuesday at 5 p.m. Eastern Time on the Kraken cryptocurrency exchange. […]


Activity, Insurance

2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead

January 15, 2019

Via: Insurance Journal

Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the cyber insurance […]


Activity, Capital and risk, Corporate banking, Liquidity

Citigroup misses revenue expectations on much weaker-than-expected bond trading

January 14, 2019

Via: CNBC

Citigroup posted fourth-quarter revenue that missed analysts’ estimates by a half-billion dollars as bond trading declined amid a difficult December for markets. The bank said fixed-income revenue dropped 21 percent to $1.94 billion from a year earlier as trading conditions […]


Activity, Trading

U.S. stock futures drop as China trade data spark fresh global economic worries

January 14, 2019

Via: Market Watch

U.S. equities were looking at a potentially downbeat start to the week, as stock futures fell Monday on weaker-than-expected China trade data that has sparked fresh concerns over a global economic slowdown. How are major benchmarks faring? Dow Jones Industrial […]


Activity, Trading

5 Major Bank Stocks Poised to Beat Earnings Estimates in Q4

January 11, 2019

Via: Yahoo

The Q4 earnings season is just around the corner and investors are eagerly waiting for the results of the mega banks, which remained in the spotlight throughout the quarter for a number of reasons. Heightening concerns about rising interest rates, […]


Activity, Trading

Bitcoin tumbles 5% as broader crypto market loses nearly $10 billion

January 10, 2019

Via: Market Watch

Cryptocurrency prices are trading sharply lower on Thursday, with some major coins recording double-digital losses. In Thursday trading a single bitcoin, BTCUSD, -5.42% the largest cryptocurrency, was fetching $3,810.53, down 5.4% since Wednesday’s level at 5 p.m. Eastern Time on […]


Activity, Insurance

California Prohibits Auto Insurers From Considering Gender When Setting Prices

January 8, 2019

Via: Insurance Journal

Consumer groups applauded the outgoing California insurance commissioner for adopting regulations to prohibit gender use in auto insurance pricing in California. Outgoing California Insurance Commissioner Dave Jones issued an order to put into effect rules which the groups say will […]