Hong Kong protests haven’t hurt our profitability, say bank CEOs
Pro-democracy protests have hurt the Hong Kong economy, but the chief executives of two major banks said their businesses in the city have not been affected in a big way. Singaporean bank DBS said on Monday that net profit for...
Goldman Sachs faces investigation over allegations of sexist credit decisions at Apple Card
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The New York Department of Financial Services is launching an investigation into Goldman Sachs’ credit card...
With a market at record highs, these are the most loved stocks on Wall Street right now
Jeff Bezos CEO of Amazon. Joe Klamar | AFP | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The Dow, S&P 500 and...
The market rally will soon be tested by a big Trump speech and testimony from the Fed chief
President Donald Trump holds a campaign rally in Dallas, October 17, 2019. Jonathan Ernst | Reuters Progress in trade talks and a steady, but accomodative Fed policy have eased the way for the stock market’s rally to new highs, and...
JP Morgan’s top quant says the ‘once in a decade’ rotation into value stocks will continue
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The massive rotation into value stocks that rocked investors two months ago is going to extend into 2020, according to J.P. Morgan’s quant guru Marko...
US, EU health care giants jump at opportunities in China during import expo
A child receives a vaccination shot at a hospital in Huaibei in China’s eastern Anhui province on July 26, 2018. – | AFP | Getty Images SHANGHAI – Some of the world’s largest medical and health care companies are stepping...
‘We kinda hate this market,’ Wells Fargo’s Chris Harvey says as stocks trade near all-time highs
Wells Fargo Securities’ Christopher Harvey is looking for a signal that it’s time to take risk off the table, and he expects it’ll come sooner rather than later. The firm’s head of equity strategy is worried market sentiment is becoming...
Kanye West says Kardashian work ethic keeps him active: ‘It’s like modern-day Medici or Rome’
Kim Kardashian and Kanye West at Dealbook conference on November 06, 2019 in New York City. Gotham | GC Images | Getty Images NEW YORK — If it weren’t for the industrious work ethic of the Kardashians, rapper Kanye West...
FX Survey 2019: JPMorgan retains its lead; Deutsche Bank is back in business
View previous results: By: Published on: Tuesday, June 11, 2019 This year’s Euromoney FX survey results show up some important multi-year trends. The main lesson? Foreign exchange is more competitive than ever. Signal2forex review
FX Survey 2019: Results index
COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER: CHUNT@EUROMONEY.COM By: Published on: Tuesday, June 11, 2019 Euromoney magazine has released the results of its 41st annual foreign exchange ranking, the most comprehensive quantitative and qualitative annual study available...
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