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Category: Activity


Activity, Investment Banking

Stock-market investors haven’t been this bearish since the 2008 financial crisis, says Bank of America

June 18, 2019

Via: Market Watch

The S&P 500 index stands less than 1% shy of a record but investors aren’t loving the climb, based on a recent fund manager survey from Bank of America Merrill Lynch. The survey of 179 global managers overseeing some half […]


Activity, Insurance

How Trump Is Remaking Health Insurance Without Repealing Obamacare

June 17, 2019

Via: Insurance Journal

President Donald Trump’s attempt to transform American health insurance is almost complete. Twenty months ago, frustrated after attempts to repeal Obamacare fell apart in the Republican-controlled Senate, Trump pledged to use executive power to do what Congress failed to legislate. […]


Activity, Insurance

Insurance Rates for Crude Oil Tankers to Jump After Gulf Attacks

June 14, 2019

Via: Insurance Journal

Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels. Both owners and the companies that charter their ships paused bookings on Thursday as […]


Activity, Trading

CEO optimism takes a hit in the second quarter as trade headwinds persist

June 13, 2019

Via: CNBC

CEOs became less optimistic about the U.S. economy as the Trump administration ratcheted up trade tensions with key partners, according to the latest Business Roundtable survey. The Business Roundtable’s CEO Economic Outlook Index fell by 5.7 points in the second […]


Activity, Insurance

Washington Insurance Fraud Cases Result in Guilty Pleas

June 13, 2019

Via: Insurance Journal

Two insurance fraud suspects pleaded guilty and one suspect entered a diversion program after investigations by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. Abdikarin A. Mohamed pleaded guilty in King County Superior Court to one count of filing a false […]


Activity, Corporate Banking

U.S. Bank Invests in Communities with $6 Million in Community Possible Grants

June 12, 2019

Via: Yahoo

Grants to Fund Recreational Play Spaces, Arts and Culture Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank kicks-off its 2019 grant making with $6 million in Play investments to […]


Activity, Investment Banking

Gold edges lower as investors shake off trade worries

June 11, 2019

Via: Market Watch

Gold moved lower for a second day Tuesday as investors shook off trade worries, with appetite for riskier assets boosted by additional efforts by China to stoke its economy. “Trade and tariff talks have distorted gold prices, as misunderstood gold” […]


Activity, Insurance

Wells Fargo Settling California Car Loan Suit for $385M

June 10, 2019

Via: Insurance Journal

Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their vehicles repossessed. The bank […]


Activity, Investment Banking

Stocks could surge on cusp of huge buying signal says Bank of America Merrill Lynch

June 7, 2019

Via: Market Watch

The pendulum has been swinging hard for equity investors lately. The S&P 500 SPX, +0.61% is poised for its best weekly performance of the year thus far (and since November), on the heels of the worst five-day return of 2019 […]


Activity, Corporate Banking

Wells Fargo Unveils New Commercial Banking Structure

June 5, 2019

Via: ABF Journal

Wells Fargo revealed its new leadership team and regional structure for its Commercial Banking business, led by Kyle Hranicky, a 25-year company veteran. With this new structure, Wells Fargo Commercial Banking has more than 6,000 team members across 24 divisions […]