-
Fintech Focus For June 3, 2021
Wednesday, June 2, 2021 - 9:38pm | 1445Read More...Quote To Start The Day: "You can't be a real networker unless you’re connected." Source: Michael Gruen One Big Thing In Fintech: Citigroup CEO Jane Fraser recently said that the bank is considering opening more branches in more cities. That seems a bit counterintuitive in this...
-
Fintech Spotlight: MX Onboards Lexi Hall To Empower Regulatory Innovation In Fintech
Thursday, May 20, 2021 - 1:45pm | 850Read More...MX, a platform for building modern financial solutions, formally welcomed a new Director of Public Policy, Lexi Hall. As part of the development, Benzinga spoke with Hall and MX Chief Advocacy Officer Jane Barratt. About: Founded in 2010 by Brandon Dewitt and Ryan Caldwell, MX Technologies provides...
-
Fintech Focus For May 11, 2021
Monday, May 10, 2021 - 5:24pm | 1400Read More...Quote To Start The Day: “Any fool can know. The point is to understand.” Source: Albert Einstein One Big Thing In Fintech: The Industrial and Commercial Bank of China (ICBC), one of the largest banks in the world by total assets, appears to have quietly allowed public users to activate...
-
A Jam-Packed Week Ahead
Monday, April 12, 2021 - 12:29pm | 1030Read More...JPMorgan Chase & Co. (NYSE: JPM), Goldman Sachs Group Inc (NYSE: GS), Delta Air Lines, Inc. (NYSE: DAL) earnings along with Coinbase IPO are just some of this week's main spotlights. Other companies set to report earnings include Bed Bath & Beyond Inc. (NASDAQ: BBBY),...
-
Fintech Focus For July 22, 2020
Wednesday, July 22, 2020 - 7:57am | 2044Read More...Daily Perspective: Your time is limited, so don’t waste it living someone else’s life. - Steve Jobs Fintech Movers: DARPA-backed blockchain analytics firm CipherTrace today unveiled “predictive capabilities” for its crypto tracing software—a move designed to better...
-
Stock Market Update For The Week Ahead: 'Cautious Attitude'
Sunday, July 19, 2020 - 5:32pm | 2080Read More...The Last Week In A Nutshell What Happened: “U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open,” said Lindsey Bell, chief investment officer for Ally Financial Inc-owned (NYSE: ALLY) Ally Invest. “They’ve bought...
-
Ally Invest Hones In On Investing In Today's Market With Digital Conference
Friday, June 26, 2020 - 10:33am | 386Read More...Ally Financial Inc-owned (NYSE: ALLY) Ally Invest, a holistic solution to wealth accumulation and management, as part of an effort to democratize finance for the everyday investor, announced that it held its second digital conference, Wednesday, June 24, 2020. Why It Matters? In light of the...
-
Poll: Investors Confident In U.S. Economy, But See Recession Ahead
Friday, March 27, 2020 - 3:43pm | 507Read More...Detroit, MI, Mar. 27, 2020 -- Benzinga, a leading news and data platform, formally announced the results of its investor sentiment survey, as part of an effort to gauge the impact of the 2020 market crash and COVID-19 coronavirus pandemic. On Feb. 20, 2020, U.S. markets began their tumble into...
-
Survey: Automobile Repair Costs Reach Nearly $2,000 For Average American Over 5 Years
Tuesday, September 3, 2019 - 1:18pm | 330Read More...Detroit-based Ally Financial (NYSE: ALLY), in a Harris Poll survey, recently found that Americans spent an average of $1,986 on vehicle repairs and maintenance over the past five years. Among 2,012 U.S. adults surveyed, those ages 18-34 paid an average of $2,334 for vehicle...
-
Highlights From Carvana's In-Line Q3
Wednesday, November 8, 2017 - 1:43pm | 418Read More...Carvana Co (NYSE: CVNA) reported second-quarter earnings Tuesday that showed a slightly better-than-expected loss of 29 cents per share versus expectations of a 30 cent per share loss on on worse-than-expected revenue. Carvana confirmed it has secured $2 billion in financing from Ally...
-
Here's How Banks Can Simultaneously Love And Hate Subprime Car Loans
Saturday, April 29, 2017 - 5:53pm | 375Read More...Ally Financial Inc (NYSE: ALLY), a notable player in the subprime auto loan market, warned investors its 2017 earnings per share will now grow less than previously expected. Ally Financial isn't alone in its outlook, as major banks are becoming hesitant in issuing new subprime loans suing money...
-
Short Interest In Abbott Labs And Baxter International Doubles
Thursday, May 26, 2016 - 8:24am | 563Read More...Short interest in a number of stocks surged in the most recent settlement period. Two health care stocks were among those leading that trend in the first weeks of May. The number of shares short in one of them doubled for the second period in a row. It does not appear that short sellers have "...
-
Ally Financial Confirms Acquisition Of TradeKing
Tuesday, April 5, 2016 - 12:51pm | 270Read More...Ally Financial Inc (NYSE: ALLY) announced on Tuesday it has agreed to acquire TradeKing Group, a digital wealth management company. The acquisition announcement follows earlier reports, such as from The Wall Street Journal, that such a deal would be announced on Tuesday. TradeKing's...
-
Ally Financial Will Remain In Downtown Detroit, Establish New HQ
Wednesday, April 1, 2015 - 7:43am | 362Read More...Ally Financial Inc (NYSE: ALLY) announced Tuesday that it would move its headquarters into One Detroit Center at 500 Woodward in downtown Detroit. Detroit City Is The Place To Be Dan Mullen, vice president of development at Bedrock Real Estate Services which was acquiring the building and...
-
Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851Read More...U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
