Tag: Commercial Banking

Will Evergrande be China’s ‘Lehman moment’? Wall Street says no

Problems at Evergrande, China’s teetering property giant, are stirring unwelcome memories of the market chaos that followed the implosion of Lehman Brothers roughly 13 years...

Nike supply chain problems in Vietnam could mean challenges ahead for Dick’s Sporting Goods

Nike Inc.’s supply chain slowdown could also put the brakes on Dick’s Sporting Goods Inc.’s momentum, according to Wells Fargo, which says it prefers Academy...

Crude prices fall after Saudi Arabia cuts Asian prices

Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected...

There’s a market conundrum developing that casts a shadow over risk taking, Bank of America technical analyst says

The market optimism switch has been turned back on, judging by the performance in markets on Monday — where the S&P 500 SPX, +0.85% ended...

What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like...

Here’s your chance to buy bank stocks before rising interest rates boost profits

Shares of the largest U.S. banks have staged a recovery following the stock market’s pandemic low point last year. But they have lagged behind the...

I co-signed a personal loan for my daughter. The bank withdrew the money from my father’s account instead. How could this happen?

Dear Quentin, My daughter took out a bank personal loan three years ago and I had to co-sign the loan due to her age and...

Jamie Dimon insists his workers return to the office — here’s why that’s a bit rich

It’s time to hire a dog walker, and change out of your Lululemon LULU, +0.49% sweats. That’s the message JPMorgan Chase’s chief executive, Jamie Dimon,...

A Covid-19 Silver Lining in Latin America: Millions of New Bank Accounts

RIO DE JANEIRO—The pandemic has pummeled Latin America and plunged many people into poverty. But the finance sector has reaped an unexpected windfall: Tens of millions in Latin America...

‘Nice underpinning to the market’: Buybacks may prop stock market rattled after Fed meeting

Stock buybacks are on a tear, with potential to help prop up a U.S. stock market startled by the Federal Reserve’s policy meeting this past...

Infrastructure talks are faltering but these stocks can still benefit from the Biden plan, Citi says

U.S. stocks look set to move higher on Monday, after the S&P 500 SPX, +0.19% notched its 28th record high of the year on Friday,...

FDA approved the first major Alzheimer’s treatment in 18 years — what that means for your loved ones fighting the disease

The Food and Drug Administration’s accelerated approval of Biogen’s drug to treat Alzheimer’s disease, is a significant step in the fight against the debilitating illness...

Bitcoin no longer ‘fringe asset’ — stock-market volatility rises after crypto’s ‘extreme’ moves, study says

Like it or not, stock-market traders need to keep an eye on bitcoin prices or risk getting whipsawed when the popular but volatile digital asset...

Have you held any of these 20 stocks long term? Your current dividend yield might surprise you

Income-seeking investors love dividend stocks, many of which have attractive yields when compared to bond yields. They might like them even more when they realize...

Dow and S&P 500 finish at records, book 4 weeks of gains in a row

The Dow and S&P 500 index closed at all-time highs Friday, extending their recent rallies to four weeks in a row, amid a fresh flurry...

Here’s the best of what international corporate leaders have been discussing on earnings calls

As much as U.S. companies have suffered from the pandemic, their global competition has struggled even more. Fourth-quarter earnings per share for S&P 500 companies...

Opinion: Code red — here’s what it means for the stock market now that company insiders are selling shares

Now that WallStreetBets’ 15 minutes of fame is over, it’s all clear in the stock market, right? Maybe not. Right before the GameStop GME, -28.41%...

COVID-19 has caused real financial pain. So why did consumer bankruptcies drop in 2020?

By many measures, the pandemic induced all sorts of financial stress last year. But consumer bankruptcy cases — a way to address financial pain and...

Reflation nation? This time, post-crisis tailwinds favor banks, and the economy

A decade ago, banks were at the heart of the financial crisis that led to the Great Recession. Lenders like banks enabled the mortgage market...

Financial sector set for best day in 2 months as Georgia results spark bond-yield pop

Bank stocks were breaking out on Wednesday, led by a rise in rates that was rippling throughout financial markets. But the move in benchmark government...

Why M&A is set to continue its hot streak in 2021

A surge in big-ticket mergers and acquisitions and a boom in initial public offerings saw the world’s largest investment banks pull in $87.5 billion in...

Here’s how bad commercial real-estate pain could get for banks, other lenders

The New York City skyline. AFP/Getty Images Low rates and rosy assumptions about how much rent properties might collect helped fuel the record $5 trillion...

Dow, S&P 500 end at record highs Monday as stock market rallies amid further vaccine progress

Stocks clinched a fresh round of records Monday, as alarming U.S. COVID-19 infection rates and hospitalizations were overshadowed by promising vaccine developments. The least-loved sectors...

Debt buyers are betting on big banks — over the short term, at least

Bank of America Tower in New York AFP/Getty Images Third-quarter corporate earnings kicked off this week with debt investors taking a more bullish view on...

The second wave of a rolling bear market is about to begin, says top forecaster

A recent spate of stock drops, exacerbated by signs of a second wave of the coronavirus pandemic, is unsettling to say the least. The market...