Banking

Tesla Closes At A 2 1/2-year Low After Wall Street Unleashes Scathing New Research On The...

Tesla shares closed at a new 2 1/2-year low on Wednesday after two Wall Street analysts released scathing reports about the state of the electric-car maker. Citi cut its price target while Bank of America Merrill Lynch said the company's losses and...
Related topics: Tesla, Citi, Bank Of America, Merrill Lynch

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Canadian Imperial Bank Of Commerce (cm) Q2 2019 Earnings Call Transcript

Image source: The Motley Fool.Canadian Imperial Bank of Commerce (NYSE: CM) Q2 2019 Earnings Call May 22, 2019, 8:00 a.m. ETOperatorContinue reading
Related topics: US Equity Markets

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Deutsche Bank Software Glitch Hindered Checks Of Transactions For Yrs - Reports

MOSCOW (Sputnik) – Deutsche Bank has found a glitch in its software that has been hindering analysis of transactions of large clients and, therefore, struggle with suspicious financial operations for years, Suddeutsche Zeitung reported.
Related topics: Deutsche Bank, Russia, Moscow

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Bank Ceo Got Federal Appointment After Loaning Trump Millions In 2018

A top bank executive received an appointment to the Federal Reserve after his bank approved millions in loans to Trump in 2018. Mother Jones reported that Professional Bank granted Trump a loan of $18.5 million in May of 2018 according to his...
Related topics: Fed

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"a Distressed Credit And Restructuring Story": Morgan Stanley Warns Tesla Is Facing...

On Wednesday, Morgan Stanley held an investor call for clients, led by analyst Adam Jonas, supposedly due to feedback after the company's note yesterday, which saw the investment bank lower its "bear case" target to on the company to just $10 per...
Related topics: Morgan Stanley, Tesla, Bankruptcy

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"we Were Unrealistically Optimistic" - Bofa Slashes Bond Yield Forecasts As...

Unlike most of its competitors, Bank of America is not shy to admit when it has made a major forecast mistake due to being, as it puts it, "overly optimistic", and that's precisely what the bank's rates strategist did earlier today when in a note...
Related topics: Bank Of America

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Philly Fed: State Coincident Indexes Increased In 44 States In April

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2019. Over the past three months, the indexes increased in 46 states and decreased in four, for a three-month diffusion...
Related topics: Fed

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New Strong Sell Stocks For May 22nd

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 CenterState Bank Corporation (CSFL): Free Stock Analysis Report Cabot Corporation...

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Are You Looking For A High-growth Dividend Stock? Bank Ozk (ozk) Could Be A Great Choice

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 OZK (OZK): Free Stock Analysis Report To read this article on Zacks.com click...
Related topics: Dividend

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Why Is Bank Of Hawaii (boh) Down 0.5% Since Last Earnings Report?

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 Hawaii Corporation (BOH): Free Stock Analysis Report To read this article on...

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How A Ux Designer Created A Capital One Chatbot So Good, Some People Want To Marry It

For creating the first natural-language chatbot for a U.S. bank, Steph Hay is one of Fast Company’s Most Creative People of 2019. 100 Most Creative People In Business After transitioning from journalism to user experience design, Steph Hay...

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55,000 Brazilians Scammed Out Of $200m+ Worth Of Fake Cryptocurrency

A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil’s Central Bank. The scammers claimed to...
Related topics: Brazil

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This Apple Ipad Is On Mega Sale

With so many options on today's market, you shouldn't have to break the bank to get your hands on top-notch Apple products. Read more...
Related topics: Apple (AAPL)

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Deutsche Bank Maintains Its Forecast Of A 30% Return For The S&p 500 In 2019

From Jessica Bursztynsky: KEY POINTS Binky Chadha, chief equity strategist at the firm, expects the market to pull back over the next three months before quickly bouncing back up. According to the CNBC Market Strategist Survey, the average 2019...
Related topics: Deutsche Bank, Cnbc, Polls

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On The Money: Congress, White House Aim To Include Debt Limit Increase In Spending Deal | Mcconnell...

Happy Tuesday and welcome back to On The Money, where we're craving Oreos *and* a solution to America's affordable housing crisis. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line....
Related topics: White House, Bank Of America

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Bank Of America (bac) Outpaces Stock Market Gains: What You Should Know

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 America Corporation (BAC): Free Stock Analysis Report To read this article on...
Related topics: Bank Of America

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Europe Fines 5 Banks $1.2 Billion For Their Roles In Foreign Exchange Cartels

Traders at Barclays, Citigroup, JPMorgan Chase, Mitsubishi UFJ Financial Group and the Royal Bank of Scotland engaged in anti-competitive behavior, the European Commission found.
Related topics: Barclays, Citigroup, Citi, J.P. Morgan Chase & Co.

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Wanted: Harsh Realism At The World Bank

Hilton L. Root economy, Americas The World Bank must switch to a grant-based model that prioritizes interconnective projects for the global good. The World Bank is recovering from one of the worst disasters in its history: the six-year (July 2012...

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Google Pay Has Added 32 New Banks In The Us In May 2019

Before you can use your credit or debit card with Google Pay, your bank needs to form an agreement with Google. Seemingly every other week, a new batch of US banks and financial institutions are added to Google Pay’s master list, with a grand...
Related topics: Google, Google (GOOG), Credit Cards

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Clearlane Auto Refinance Review

Clearlane, an online auto lending platform that’s powered by Ally Bank, offers auto loan refinancing and lease buyout options for borrowers with nearly any type of credit score. They do so by utilizing a nationwide finance network and offering...

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