New Delhi (Sputinik): A consortium of state-funded Indian banks has filed a fresh plea in the UK High Court seeking the full disclosure of assets owned by Vijay Mallya, an Indian liquor baron on the run. Mallya faces criminal charges in India for...
Related topics: United Kingdom, India, New Delhi
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 Marin Bancorp (BMRC): Free Stock Analysis Report To read this article on...
Related topics: Bancorp
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 Spring Bank Pharmaceuticals, Inc. (SBPH): Free Stock Analysis Report To read this...
There’s a new fintech startup in the U.S. that is inching closer to the unicorn status. New York City-headquartered MoneyLion, which provides customers both financial advice and access to loans and other services, said today it has raised $100...
Related topics: Startup
With Morgan Stanley reporting Q2 results yesterday, the first half earnings of all "big 5" US banks are now public, and when it comes to sales and trading they are nothing short of a disaster.
With the S&P at or near all time highs, institutional...
Related topics: Morgan Stanley
From Mike Hammer: Some technical traders took victory laps over the weekend, while others were checking central bank plans. Here at Gold Enthusiast HQ the weekend was more about relaxing after 4 fast-paced weeks, and now we’re back to...
Related topics: Gold
Image source: The Motley Fool.Community Bank System Inc (NYSE: CBU)Q2 2019 Earnings CallJul 22, 2019, 11:00 a.m. ETOperatorContinue reading
Related topics: US Equity Markets
Shares of Dynavax Technologies (NASDAQ: DVAX), a biopharmaceutical company struggling to launch a next-generation hepatitis B vaccine, reached a new low today. Despite investment-bank analyst upgrades earlier this month, the stock fell 8.5% on...
Related topics: Nasdaq, US Equity Markets
The rise of cryptocurrency has sparked intense debate on its role in central banking systems, as well as economic viability in monetary supply chains.
Related topics: Russia, Belarus, Bitcoin, Taxes, Debate
The Chicago Federal Reserve Bank released its June national activity report Monday morning. The U.S. economy has moved to within a hair's breadth of the long-term trend, strengthening the case for a...
Related topics: Fed
Another hopeful among Europe’s so-called challenger banks — startups taking on the big names in consumer banking by targeting niche groups of users with a more modern set of tools to manage users’ money — has raised a...
Related topics: United Kingdom, Startup
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 Marin Bancorp (BMRC): Free Stock Analysis Report To read this article on...
Related topics: Bancorp
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 Spring Bank Pharmaceuticals, Inc. (SBPH): Free Stock Analysis Report To read this...
US President Donald Trump on Monday used a Federal Reserve official’s own words to amplify his continual demands for lower interest rates. The latest in Trump’s daily attacks on the Fed, turns up the temperature for the central bank a...
Related topics: Donald Trump, Fed
Typically for
Silicon Valley, Facebook’s June announcement
of plans to launch a global, digital currency—Libra—spoke of empowering
billions of people, especially those without access to banking. Also typically,
skeptics were quick
to...
Related topics: Facebook, Social Media, Silicon Valley
Ally Financial (NYSE: ALLY) is seeing tremendous growth in its digital banking business, even as the company's auto lending business, its primary income driver, continues to score double-digit growth. Ally's second-quarter 2019 results, issued on...
Related topics: US Equity Markets
Last August, several of Bank of America's more skeptical analysts including Michael Hartnett and chief economist Ethan Harris wrote a piece on the law of large numbers, arguing that an ever-expanding list of uncertainties would likely undercut the...
Related topics: Bank Of America
Snapchat still has a key advantage over Instagram: Person-to-person messaging.
A new study from investment bank Cowen shows a far greater proportion of users utilize Snapchat for direct communications than they do on its Facebook-owned rival.
But as...
Related topics: Instagram, Facebook, Social Media
Authored by Michael Snyder via The Economic Collapse blog,
Could it be possible that we are on the verge of the next “Lehman Brothers moment”?
Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in...
Related topics: Deutsche Bank, Lehman Brothers
Aurora Cannabis (NYSE: ACB) emerged as one of analysts' favorite marijuana stocks earlier this year. In March, Cowen analyst Vivien Azer picked Aurora as her top pot stock. Other analysts jumped on the Aurora bandwagon as well, including Bank of...
Related topics: US Equity Markets, Bank Of America