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Category: Capital


Capital, Finance Tech

Tesco Bank sold to Barclays in deal worth up to £1bn

February 9, 2024

Via: Sky News

The UK’s largest retailer, which had been in discussions with other major lenders including HSBC and Lloyds over a deal, said all 2,800 staff at Tesco Bank would transfer to Barclays under the agreement over time. The sale only includes […]


Capital, Finance Tech

Santander goes to war over Nationwide attack on high street banks

February 8, 2024

Via: Sky News

Sky News has learnt that the Spanish-owned lender has told the Advertising Standards Authority (ASA) that the Nationwide television commercial – featuring the actor Dominic West as an arrogant bank boss – is misleading about its rivals’ approach to closing […]


Capital, Finance Tech

US bank stocks sink after New York Community Bancorp cuts dividend

January 31, 2024

Via: Investing.com

Regional U.S. bank stocks sank on Wednesday, dragged by a 38% plunge in the shares of New York Community Bancorp (NYSE:NYCB) after it cut its dividend and posted a surprise loss, renewing fears over the health of similar lenders. The […]


Capital, Finance Tech

Should new year investors be daring or defensive? Top stocks for 2024

December 29, 2023

Via: MoneyWeek

Leaps in healthcare technology continue to benefit humankind: from the advent of the X-ray in the 19th century to dialysis, CT, MRI, and other machines in the 20th century, to a new breadth of digital tools in this era. Perhaps […]


Capital, Finance Tech

Wall Street Banks Embrace Zero-Day Options in Systematic Trading Surge

December 27, 2023

Via: Investing.com

The burgeoning trend of zero-day options (0DTE) is gaining traction among Wall Street’s quantitative investment strategists (QIS), with major banks like Citigroup (C), JPMorgan (JPM), and UBS Group (UBS) incorporating them into their systematic equity products. These derivative contracts, which […]


Capital, Finance Tech

Sberbank forecasts record 2023 profits amid mortgage market cooldown

November 8, 2023

Via: Investing.com

Today, at the Finopolis forum, German Gref, CEO of Sberbank, Russia’s leading financial institution, projected a significant slowdown in the mortgage market. Despite this forecast, the anticipated increase in Sberbank’s mortgage lending for 2023 is set to reach an impressive […]


Capital, Finance Tech

UBS shares rise 3% as market focuses on strong underlying profit

November 7, 2023

Via: CNBC

UBS shares climbed on Tuesday morning after the Swiss banking giant resoundingly beat expectations for underlying profit. The bank recorded an underlying operating profit before tax of $844 million, well ahead of consensus expectations. UBS shares were up 3.2% by […]


Capital, Finance Tech

Tech Giants Spend Billions on AI Startups—and Get Just as Much Back

November 3, 2023

Via: The Wall Street Journal

Amazon , Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms. The deals are making the big tech firms the largest […]


Capital, Finance Tech

Regional bank shares slump as lenders warn of more pain from higher interest rates

October 20, 2023

Via: CNBC

Regional banks suffered a steep sell-off Friday after a number of weak quarterly earnings reports highlighting the negative impact from higher interest rates soured investor sentiment toward the industry. The SPDR S&P Regional Banking ETF (KRE) fell 4%, dragged down […]


Capital, Finance Tech

Big banks are quietly cutting thousands of employees, and more layoffs are coming

October 19, 2023

Via: CNBC

The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans […]


Capital, Finance Tech

Bank stocks have come to life recently. But Jim Cramer explains why the rally may not last

September 13, 2023

Via: CNBC

KeyCorp (KEY) reiterated its financials Tuesday, sending its shares higher — a rally that’s been seen in the wider financial sector recently. The stock, however, edged lower after Wednesday’s open on Wall Street. That’s because, according to Jim Cramer, investors […]


Capital, Finance Tech

American Airlines shares drop on early signs of weakening pricing power

July 20, 2023

Via: Investing.com

Shares of American Airlines (NASDAQ:AAL) fell on Thursday as its outlook for the second half of the year disappointed investors even as the company lifted its full-year profit forecast and posted higher-than-expected quarterly earnings. American forecast adjusted profit of $3.00 […]


Capital, Finance Tech

Some venture capitalists were probably a bit too hopeful about hitting fundraising goals this year

June 15, 2023

Via: Markets Insider

The writing was on the wall – was the venture capital industry not paying attention? Last year was especially brutal for venture-capital funding to US startups. Funding to startups overall was down 31% from 2021, PitchBook data shows. But what […]


Capital, Finance Tech

Microsoft’s $75 Billion Activision Deal Cleared by EU

May 15, 2023

Via: The Wall Street Journal

The European Union’s antitrust watchdog approved Microsoft’s MSFT 0.16%increase; green up pointing triangle planned $75 billion acquisition of Activision Blizzard ATVI 1.24%increase; green up pointing triangle, giving the two companies a win after the deal hit a regulatory roadblock in […]


Capital, Finance Tech

The banking crisis isn’t over. But how bad will it get?

May 4, 2023

Via: ABC News

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares […]


Capital, Finance Tech

Instructure’s first-quarter revenue climbs 13.6% as Canvas gains market share

May 2, 2023

Via: Education Dive

Canvas has consistently grown over the past 10 years, with the LMS now being used by more than one-third of higher education institutions in the U.S. and Canada, according to an annual analysis from market research and consulting firm Phil […]


Capital, Finance Tech

US banks are fretting over falling commercial real-estate valuations as higher interest rates and a credit squeeze bite, top executives say

April 25, 2023

Via: Markets Insider

US banks are getting increasingly stressed about tumbling commercial real-estate valuations and what that means for their balance sheets, top executives have said, per the Financial Times. Arkansas-based Bank OZK, with a sizable exposure to the sector, reported it had […]


Capital, Finance Tech

Bank Volatility to Slow U.S. Economic Growth, IMF Says

April 11, 2023

Via: The Wall Street Journal

Tighter bank lending prompted by the recent failure of two midsize American banks will slow U.S. economic growth this year, the International Monetary Fund estimated, warning that rising interest rates pose a threat to the global financial system. U.S. banks’ […]


Capital, Enterprise, Finance Tech, Industries

Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders

February 22, 2023

Via: The Wall Street Journal

Stellantis STLA -3.64% NV is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.60 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in […]


Capital, Finance Tech

FIS shares slip after fintech group unveils planned Worldpay spin-off

February 13, 2023

Via: Investing.com

Financial technology firm FIS (NYSE:FIS) has announced that it will spin off its merchant solutions unit, undoing a multi-billion dollar purchase it made just four years ago, in a bid to enhance growth and returns for shareholders. In a statement […]