Category: Investment Banking

January 21, 2020

Shares of Visa are on track to notch their longest win streak since 2009, with a potential ninth straight gain, as an analyst said the stock looks like a smart way to bet on millennial finance trends. The credit-card giant’s […]

January 15, 2020

Bank of America (BAC) – Get Report posted better-than-expected fourth-quarter earnings Wednesday as loan growth offset narrowing interest rate margins at the consumer-focused lender. Shares in the group opened weaker, however, after it cautioned that net interest income would likely […]

January 14, 2020

Plaid, which calls itself the “plumbing” behind fintech, provides the application programme interfaces (APIs) which connect users’ bank accounts with third party providers (TPPs) such as Venmo, Square Cash and Robinhood. The size of the deal is roughly double the […]

January 13, 2020

General Electric (GE) – Get Report is expected to beat fourth-quarter earnings expectations Deutsche Bank analysts said in a note. GE shares at last check were 1.1% higher at $11.80 in Monday trading. They’d fallen more than 2% Friday. Deutsche […]

January 8, 2020

Citigroup Inc. is teaming up with an online platform to make credit investments normally reserved for hedge funds and billionaires available in small slices to legions of individual investors. A partnership announced by the bank and YieldStreet Inc. on Wednesday […]

December 16, 2019

Goldman Sachs has announced the strongest fossil-fuel finance restrictions of any major U.S. bank, a move conditionally embraced by advocacy groups such as the Sierra Club. Goldman GS, +2.10% , with its Sunday announcement, becomes the first of the large […]

December 12, 2019

Robinhood is getting in on the recent trend of companies letting traders buy a fraction of a share. The start-up announced the launch of fractional stock-trading on its app Thursday as a way to lower the bar for investors. The […]

November 21, 2019

Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank announces $4.8 million in Home grant and corporate contributions. Funding supports several nonprofits across the country focused on advancing affordable home […]

November 18, 2019

Warren Buffett’s Berkshire Hathaway Inc.’s may have sold some Apple Inc. shares during the third quarter, but its ownership stake in the technology giant actually increased, as the value of the investment swelled by more than $6 billion. Apple’s stock […]

October 30, 2019

Large-capitalization U.S. stocks have hit a new high this week, and significant credit for this feat can be given to the Federal Reserve. Since the Fed instituted its first interest rate cut at the end of July, the S&P 500 […]