Category: Investment Banking

Activity, Investment Banking

Visa stock heads toward longest win streak in a decade, as analyst says it’s a smart bet on millennials

January 21, 2020

Via: Market Watch

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 […]

Activity, Investment Banking

Bank of America Tops Q4 Earnings Forecast With Solid Loan Growth

January 15, 2020

Via: TheStreet

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 […]

Activity, Investment Banking

Visa to buy fintech start-up Plaid for $5.3bn

January 14, 2020

Via: Banking Technology

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 […]

Activity, Investment Banking

General Electric Shares Get Deutsche Bank Bull Call Based on Sales Catalysts

January 13, 2020

Via: TheStreet

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 […]

Activity, Investment Banking

Citi struck a deal to offer hedge fund-like investments to the masses

January 8, 2020

Via: Bank Innovation

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 […]

Activity, Investment Banking

Goldman Sachs becomes first major U.S. bank to stop funding Arctic drilling, pulls back on coal

December 16, 2019

Via: Market Watch

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 […]

Activity, Investment Banking, Trading

Robinhood joins a wave of fractional stock-trading offers to bring investing to the masses

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 […]

Activity, Investment Banking

U.S. Bank Invests $4.8 Million to Advance Affordable Home Ownership

November 21, 2019

Via: Yahoo

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 […]

Activity, Investment Banking

Warren Buffett increases Apple stake despite selling some stock

November 18, 2019

Via: Market Watch

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 […]

Activity, Investment Banking, Trading

Market Extra: Can the stock market march higher without the promise of more Fed cuts?

October 30, 2019

Via: Market Watch financial

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 […]