Published: Oct. 12, 2023 at 4:32 p.m. ET Shares of Bank of America Corp. BAC slumped 0.44% to $26.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.62% to 4,349.61 and Dow Jones Industrial Average DJIA falling 0.51% to 33,631.14. The … Read more
State Street and Charles Schwab have recently experienced a significant drop in deposits. The decrease in assets has been attributed to a variety of external factors, including the COVID-19 pandemic and current economic uncertainty. As two of the industry’s largest custodians, these developments raise important questions about the state of the financial market and the … Read more
New father and director of the Urgnano post office. On Father’s Day, that of Daniele Sottile is a story of successful reconciliation between work and family. “Sofia’s birth was an enormous joy – she says -. But as can be imagined, it happens that the child is ill or she has to get the vaccines, … Read more
Twitter has started applying for the necessary licenses in the US to be able to integrate payment services. This is reported by the Financial Times and adds that although a first step was taken before the takeover by Elon Musk, it was only after that that things really took off. The subsidiary “Twitter Payments” has … Read more
Cairo: Contact Financial Holding, a pioneer in the field of non-bank financial services, has launched its new product “Green Finance” to promote sustainability, which is considered locally and globally influential in the current period, especially in light of the climate changes affecting the planet in general. As Contact seeks to apply the sustainability approach and … Read more
Alawwal Investment Company, wholly owned by Saudi British Bank (SABB Bank), has entered into an agreement to purchase and transfer part of the assets of HSBC Arabia – of which SABB owns 49% of the shares – for 1.203 billion Saudi riyals (320.8 million dollars), according to the bank’s disclosure on the Saudi stock exchange … Read more
USA: NAHB real estate index falls again. The NAHB home market index fell 2 points to 67 points, the National Association of Home Builders said in Washington on Wednesday. Economists had expected this decline. The indicator has thus reached its lowest level since June 2020. Rising inflation and higher mortgage rates weighed on the market. … Read more
VISA INC, US92826C8394 27.01.2022 – 22:39:26 Credit card giant Visa with profit and sales jump. In the three months to the end of December, net income rose 27 percent over the same period last year to $4.0 billion (3.6 billion euros), as Visa announced on Thursday after the US market closed. Revenue increased 24 percent … Read more
/data/photo/2022/01/03/61d269fa9b849.png "Jokowi Warns of Ponzi Schemes to Stupid Investments, Jokowi Asks OJK to Not Relax")
JAKARTA, KOMPAS.com – President Joko Widodo (Jokowi) emphasizes the important role of the sector financial services in supporting efforts to restore the national economy. With the Covid-19 pandemic still ongoing, the role of the financial services sector is still crucial to boost the performance of the national real sector. “Without a good financial services sector, … Read more
Wells Fargo increases profit surprisingly strongly – Less fear for loans. In the fourth quarter, the money house earned 5.75 billion US dollars (around 5.0 billion euros) and thus 86 percent more than a year earlier, as announced on Friday in San Francisco. For the year as a whole, there is a surplus of more … Read more