Banking

Global Stocks Trade Mixed As Investors Focus On Economic Recovery, Despite Mounting Concerns About...

Brendan McDermid/Reuters Global stocks edged higher on Monday ahead of another week of the earnings season. Anthony Fauci predicted a regulatory decision on J&J's vaccine will be made by Friday. Investors are awaiting the European Central...
Related topics: Reuters, European Central Bank

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Have Chinese State Banks Quietly Bought $180 Billion In Gold?

Have Chinese State Banks Quietly Bought $180 Billion In Gold? By Ye Xie, Bloomberg Live commentator and author Three things we learned last week: 1. U.S. Treasury scrutinizes Chinese state banks for possible hidden currency...
Related topics: Gold, Bloomberg

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"stunning Divergence": Latest Bank Data Reveals Something Is Terminally Broken In The...

"Stunning Divergence": Latest Bank Data Reveals Something Is Terminally Broken In The Financial System There was a remarkable disclosure in the latest JPMorgan earnings report: the largest US bank - an entity that historically has best...
Related topics: J.P. Morgan Chase & Co.

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Big Banks Loaned Money To An Oil Giant Under The Guise Of 'sustainability'

Fourteen months ago, Larry Fink, the CEO of BlackRock, the world's largest money manager, wrote a letter warning that climate change was on the verge of "fundamentally reshaping" the financial sector. The crux of his message was that the finance...

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Jpmorgan Just Released $5b In Reserves -- And It Could Release Billions More

In the first quarter, JPMorgan Chase (NYSE: JPM) released $5.2 billion it had been reserving for potential loan losses back into its earnings, which helped juice profits. It's one of the main reasons the bank reported a blowout quarter of $14.3...
Related topics: J.P. Morgan Chase & Co., US Equity Markets

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Why Square Is My Top Growth Stock

I think the most bullish case for Square (NYSE: SQ) is that it will ultimately be a central company in our digital financial world. If it can build a digital wallet and payment network so large that it can compete with big banks and credit card...
Related topics: US Equity Markets, Credit Cards

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Earnings: 2 Hot Stocks To Watch This Week

Earnings season is here. Banks kicked things off last week, and this week will include earnings reports from companies of varying industries. But two companies worth paying special attention to are Netflix (NASDAQ: NFLX) and Chipotle Mexican Grill...
Related topics: Netflix (NFLX), Nasdaq, US Equity Markets, Chipotle

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Will The Bancorpsouth-cadence Merger Of Equals Work Out For Shareholders?

The wave of regional bank consolidation continued recently with the announcement that BancorpSouth (NYSE: BXS) and Cadence Bancorporation (NYSE: CADE) plan to join hands in a merger of equals. The deal will create a $44-billion-asset bank in the...
Related topics: US Equity Markets

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3 Key Takeaways From Jamie Dimon's Annual Letter

Next to Warren Buffett, nobody's annual letters to shareholders are as closely watched as those of JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon. Dimon tackled many topics in his recent 66-page letter, but we focused on his commentary on fintech, bank...
Related topics: Warren Buffett, J.P. Morgan Chase & Co., US Equity Markets

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Is Green Dot The Growth Stock For You?

Stocks in the financial sector have outperformed the S&P 500 -- and most other sectors -- in 2021, led by the resurgence of traditional banks. However, some of the fintechs that saw their stock prices skyrocket in 2020 have come back down to...

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$1,400 Stimulus Check Fail: Why Some Americans Never Got Their Money

Stephen Silver Stimulus Check, Americas Incorrect bank account numbers, checks going to tax preparers rather than taxpayers themselves, and other such issues are preventing many Americans from collecting their stimulus check. The $1,400 stimulus...
Related topics: Taxes

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Us Stock Market Indices Hit All-time High After Banks Post Profit Surge Reports

The largest US banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reported accelerating recovery and surging profits compared to 1Q 2020, following a year of coronavirus pandemic-induced lockdowns.
Related topics: Bank Of America, J.P. Morgan Chase & Co., Wells Fargo

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Bank Of Commerce (boch) Misses Q1 Earnings And Revenue Estimates

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of Commerce Holdings CA (BOCH): Free Stock Analysis Report To read this article...

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Jpmorgan Launches Exotic 'whale-watching' Product For Wealthy Clients

JPMorgan Launches Exotic 'Whale-Watching' Product For Wealthy Clients US equity markets have become increasingly driven by technicals, not fundamentals... the flow of the central bank spigots (and the concomitant flow from pension funds...
Related topics: J.P. Morgan Chase & Co.

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How To Transfer Apple Cash To Your Bank Or Visa Debit Card

You can transfer Apple Cash to your bank or Visa debit card via the Apple Wallet app. PeopleImages/Getty Images You can transfer Apple Cash to your bank account free of charge, or to a Visa debit card with a 1% fee. You can use Apple Cash to send...
Related topics: Apple (AAPL)

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How To Transfer Apple Cash To Your Bank Or Visa Debit Card

You can transfer Apple Cash to your bank or Visa debit card via the Apple Wallet app. PeopleImages/Getty Images You can transfer Apple Cash to your bank account free of charge, or to a Visa debit card with a 1% fee. You can use Apple Cash to send...
Related topics: Apple (AAPL)

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Surprise! New Stimulus Checks Are Showing Up For Some Taxpayers, But They’re Not From The Irs

Many Californians woke up to an additional $600 in their bank accounts on Friday thanks to the Golden State Stimulus. Imagine waking up to discover a $600 check from the government that you had no idea was coming.Read Full Story
Related topics: IRS

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[update: Expired Certificate] Some Google Pay Users Are Seeing American Express Cards Removed

Google Pay works with a ton of banks and credit cards for in-store payments, but each card can be unlinked by the financial institution if required. Overnight, quite a few Google Pay users that use American Express cards have seen their methods of...
Related topics: Google, Google (GOOG), Credit Cards

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Why Bloom Energy Stock Just Popped

Bloom Energy (NYSE: BE) stock jumped out of the gate Friday, racing ahead 6.2% through 10:45 a.m. EDT on the back of a bullish note from investment bank J.P. Morgan.Citing a 21% pullback in Bloom's share price over the past month, J.P. insisted that...
Related topics: US Equity Markets

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Bny Mellon (bk) Q1 Earnings Top Estimates, Revenues Down Y/y

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Bank of New York Mellon Corporation (BK): Free Stock Analysis Report KeyCorp...

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