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Category: Activity


Activity, Trading

Stocks making the biggest moves in the premarket: Deere, Alibaba, Foot Locker, Lululemon & more

May 22, 2020

Via: CNBC

Deere (DE) – The construction equipment maker reported fiscal second-quarter earnings of $2.11 per share, compared to the consensus estimate of $1.62 a share. Revenue beat estimates as well. Deere said it expects global equipment sales to fall 30% to […]


Activity, Corporate Banking

Banks will struggle to generate profits even as the global economy recovers, IMF says

May 22, 2020

Via: CNBC

WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday. In its latest “Global Financial Stability Report,” the IMF found banks across nine advanced economies will struggle […]


Activity, Business Banking, Investment Banking, Products

Visa invests in cloud-based analytics platform GoodData

May 21, 2020

Via: Banking Technology

The investment is part of a bigger strategic partnership which will see the US card issuer giant co-create data products with the cloud-based firm. The move is part of Visa’s wider play to provide its users with better access to […]


Activity, Insurance

How to Save Money on Homeowners Insurance

May 21, 2020

Via: TheStreet

Insurance for a home protects homeowners and their personal items in case of damage caused from a storm or theft to more major issues such as a fire. A house, townhome or condo is typically the largest asset owned by […]


Activity, Investment Banking

Stock and bond prices say something troubling about the coronavirus economy

May 20, 2020

Via: Market Watch

U.S. stocks have rallied sharply since the March tumble, while bond yields are deeply depressed, hovering near all-time lows, but, in a recent analysis, Peter Berezin, chief global strategist for BCA Research, lays out a straightforward — if bleak — […]


Activity, Insurance

How Coronavirus Has Affected Auto Insurance Shopping

May 19, 2020

Via: Insurance Journal

This year began with auto insurance buyers shopping around more than ever but by mid-March shopping began to slow down before returning to normal a few weeks later. According to the data firm LexisNexis, shopping has closely mirrored other pandemic […]


Activity, Corporate Banking

Banks investigate sales push linked to corporate loans

May 19, 2020

Via: Banking Technology

The Financial Times reports that lenders including Barclays, Deutsche Bank, HSBC and Santander are conducting internal reviews to find out whether any of their investment bankers tried to link emergency financing to more lucrative services, according to people familiar with […]


Activity, Investment Banking

Goldman eyes up merger with Wells Fargo, PNC & US Bancorp on its shortlist

May 18, 2020

Via: Banking Technology

The development was first revealed in a tweet by the publication’s senior correspondent, Charles Gasparino, saying that sources told him Goldman Sachs’ “weakening biz model” would “force a merger.” The report highlights that the need for Goldman to grow, particularly […]


Activity, Trading

Stocks trim opening losses as U.S. retail sales tank, trade tensions with China ratchet up

May 15, 2020

Via: Market Watch

Stocks were well off their lows on Friday and fighting for altitude after data showed U.S. April retail sales plunged more than forecast and on reports the Trump administration will block shipments of semiconductors to China’s Huawei Technologies, stoking fears […]


Activity, Business Banking, Corporate Banking, Products

JPMorgan is first US bank to serve crypto exchanges as banking clients

May 13, 2020

Via: Banking Technology

It’s the first time the US banking giant has taken on crypto clients. The exchanges were approved in April as customers under the bank’s corporate and investment division, and are now starting to process transactions through the bank, per the […]