Large banks

As the Federal Reserve approaches a widely anticipated interest-rate cut cycle, traders are evaluating which sectors could benefit the most from lower rates. One key question on many minds is whether regional banks might outperform their larger counterparts in the coming months. Since the start of...

JPMorgan Chase & Co (NYSE: JPM) reported earnings Friday morning, beating EPS estimates and trading higher before giving up those gains later in the session. But according to the firm's CFO, Jeremy Barnum, consumer resiliency is high. What Happened: “The consumer is fine,”...

Moody’s, the well-known credit rating organization, downgraded the ratings of 10 U.S. small and mid-sized banks by one notch late Monday, sending shockwaves across a sector still reeling from the collapse of regional banks in March. The banks affected by the downgrades includes M&T Bank...

Billionaire investor Bill Ackman said Friday that Bank of America (NYSE: BAC) will buy Signature Bank (NASDAQ: SBNY) on Monday, as bigger systemic banks continue in their efforts to rescue distressed smaller banks.  The CEO of Pershing Square Capital Management has recently campaigned for...

Markets are eagerly awaiting the European Central Bank's policy meeting on Thursday, March 15, with officials expected to hike interest rates by at least 25 basis points (bps), while a greater half-point rise remains possible. The likelihood of a 50bps hike has substantially decreased in recent...

The top banks in the world hold crypto assets worth around $9 billion, according to a Basel Committee report. Nineteen of the largest financial institutions in the world were a part of the study. Seven of the banks were from Europe, 10 were from the Americas and two were from the rest of...

Deutsche Bank AG (NYSE: DB) CEO Christian Sewing claimed that the four-year strategic turnaround plan is the first priority for the German bank, but didn't rule out a merger early next year. According to Bloomberg, a takeover deal could be in the cards only if the bank’s...

Scrutiny of leaked Suspicious Activity Reports (SARs) filed with the United States Department of Treasury revealed that many financial entities could have aided money launderers and criminals. The report unearthed and published by BuzzFeed claims that in almost two decades between 1999 to 2017...

At a time when the global economy is facing a slowdown, two leading European banks are pondering the possibility of upscaling by merging business operations.   What Happened: UBS Group AG (NYSE: UBS) and Credit Suisse Group AG  (NYSE: CS) are chalking out a merger plan, according to...

ETF Outlook for the Week of July 14, 2014 Last week the S&P 500 suffered a minimal loss of 0.5 percent, however the market saw pockets of big selling. The small-cap stocks fell approximately 4 percent as money came out of the higher beta stocks moved into either cash or sectors that are...