March 14, 2024
Via: Banking DiveThe Office of the Comptroller of the Currency fined JPMorgan Chase $250 million Thursday, and the Federal Reserve added a $98.2 million penalty, asserting the bank failed to adequately monitor client trading activities for market misconduct between 2014 and 2023. […]
March 12, 2024
Via: YahooThe latest trading session saw U.S. Bancorp (USB) ending at $43.21, denoting a -0.71% adjustment from its last day’s close. The stock’s change was less than the S&P 500’s daily gain of 1.12%. At the same time, the Dow added […]
January 26, 2024
Via: FinTech FuturesUK asset management firm Abrdn has announced it is implementing a new “transformation programme” in a bid to streamline its operations and bring down costs, with 500 job cuts proposed. The company says the programme “targets an annualised cost reduction […]
January 16, 2024
Via: Banking DiveCryptocurrency trading firm Genesis Global Trading will pay the New York State Department of Financial Services $8 million and surrender its BitLicense to settle allegations it violated the agency’s compliance regulations. Routine examinations and an investigation that followed found that […]
January 9, 2024
Via: TechBullionCryptocurrency trading is a complex and volatile activity, but it is also a very rewarding one. With the right tools and knowledge, anyone can make money in the cryptocurrency market. One of the most exciting new developments in the world […]
January 8, 2024
Via: DailyFXBitcoin ETF fever is pushing the price of the largest cryptocurrency by market capitalization back to highs last seen in April 2022. At least 10 companies have handed in amended and updated Bitcoin ETF applications and are waiting to hear […]
December 29, 2023
Via: DailyFXThe FTSE 100 is expected to remain below its September and December highs at 7,747 to 7,769 on the last trading day of the year with markets closing early. UK house prices falling more than expected in December have not […]
December 27, 2023
Via: JD SupraClassically, insider trading occurs when a corporate insider commits securities fraud by trading in the securities of their own company on the basis of material nonpublic information (MNPI). In 2000, the US Securities and Exchange Commission (SEC) codified in Rule […]
December 19, 2023
Via: DailyFXThe index continues to consolidate just below the record high, having gained a remarkable 16% in almost seven weeks.So far there is little sign of any pullback materializing, though it would take less than a 4% drop to return to […]
December 15, 2023
Via: YahooU.S. Bancorp USB shares soared 6.7% in the last trading session to close at $45.33. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 14.3% gain […]
December 11, 2023
Via: DailyFXThe FTSE 100 has reached a two-month high at 7,583 on Friday, close to its 200-day simple moving average (SMA) at 7,565 which acts as resistance with the previous resistance area, now a supportzone, at 7,543 to 7,535 being revisited. […]
December 7, 2023
Via: YahooU.S. Bancorp (USB) ended the recent trading session at $39.08, demonstrating a -0.81% swing from the preceding day’s closing price. This change lagged the S&P 500’s daily loss of 0.39%. Elsewhere, the Dow lost 0.19%, while the tech-heavy Nasdaq lost […]
November 19, 2023
Via: TechBullionEmbarking on a journey to financial success begins with choosing the right tools for the job. In this comprehensive guide, we unveil the key considerations for selecting the best mobile forex trading app and online forex trading platform. Dive into […]
October 31, 2023
Via: DailyFXThe index has recovered from the lows seen last week, after nearing the 200-day SMA. For the moment, the pullback from the October highs is still in place and leaves the bearish view intact for the short-term. A close above […]
September 25, 2023
Via: YahooThe Banking Sector In 2023 The banking industry has had an eventful year so far. With the crash of the Silicon Valley Bank, multiple downgrades from the S&P and Moody’s, and generally negative investor sentiment surrounding this industry, it is […]
September 6, 2023
Via: DailyFXGold prices fell almost 0.7 percent on Monday marking the worst 24-hour period in over one month. In response, retail traders decreased their downside exposure. This can be seen by taking a look at IG Client Sentiment (IGCS), which often […]
September 4, 2023
Via: FinTech FuturesThe experiments sought to overcome the challenges of interoperability faced by investors and financial institutions trading on different blockchains with varying liquidity profiles and functions. This group have previously needed to build and instate connections between blockchains, but the experiments […]
July 14, 2023
Via: DailyFXIG client sentiment data shows 45.50% of traders are net-long AUD/USD, with the ratio of short to long sitting at 1.20 to 1. The number of traders who are net-long is 21.36% below yesterday’s levels and 39.21% lower from last […]
June 22, 2023
Via: DailyFXThe index continues to retreat from the six-month high it hit last week, shedding ground rapidly in the direction of the 50-day SMA. The bullish view might still hold sway should the index be able to create a low above […]
June 15, 2023
Via: TechBullionIntroduction to Forex trading Welcome to the world of currency trading, where profits are limitless and risks are equally high. Forex trading has become a popular investment option for individuals looking to diversify their portfolio or generate passive income. With […]