Archive List for banks

Financial stocks: Key themes to watch in 2024

#geopolitics #ai #banks #yahoofinance It’s been a difficult year to wade through what has amounted to much economic uncertainty, even as stocks have climbed. Luckily TD Cowen has shared its top 10 themes for investors to look out for in 2024. Robert Fagin, TD Cowen Co-Head of Research, joins Yahoo Finance to give insights into these themes and what stocks investors need to keep an eye on. Fagin comments on banks and real estate: “We certainly expect heavier liquidity and capital requirements for banks. That seems almost certain and an area that we’re watching carefully is commercial real estate, which is about 25% of bank loans and where a lot […]

Big Bank earnings: Key takeaways for JPMorgan, Wells Fargo, and Citi

#JPMorgan #WellsFargo #Citi JPMorgan Chase’s (JPM) second quarter results topped Wall Street estimates, thanks in part to its acquisition of First Republic Bank. Bigger picture, JPMorgan CEO Jamie Dimon called the U.S. economy “resilient” adding that “consumers are spending, albeit a little more slowly.” Wells Fargo’s (WFC) second quarter results also beat analyst estimates, fueled by higher interest rates. Rival Citigroup (C), however, saw its profit fall, in part, due to weakness in its investment banking business. Yahoo Finance Executive Editor Brian Sozzi breaks down the reports. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market […]

Bank earnings: ‘Everyone is closely looking at deposits,’ following SVB failure: Reporter

#banks #youtube #stockmarket American Banker Reporter Polo Rocha spoke with Yahoo Finance Live anchors Julie Hyman and Brad Smith to break down earnings estimates for major banks following regional bank failures earlier in 2023 and the future for higher capital requirements from regulators. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical […]

Regional banks: PacWest Bancorp stock tumbles as it considers strategic options

#bank #youtube #yahoofinance Yahoo Finance Live anchors Brad Smith and Diane King Hall discuss PacWest Bancorp, and why its different from the three regional banks that collapsed in 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, […]

JPMorgan to buy First Republic Bank as regulators seize control

US financial authorities have seized California’s troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system. First Republic became the third major financial institution in the United States to fail in two months. The deal, announced early on Monday, will see JP Morgan take $173bn of loans, $30bn of securities and $92bn of deposits from the failed lender. There were no details on how much the banking giant would pay. “Our government invited us and others to step up, and we did,” JPMorgan’s CEO Jamie Dimon said in a statement. Al Jazeera’s Kristen Saloomey […]

Goldman Sachs warns of ‘the worst earnings season in years’

#GoldmanSachs #youtube Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss Goldman Sachs’s earnings season expectations. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp […]

Money laundering operation uncovered in South Africa

Al Jazeera’s Investigative Unit has uncovered a money laundering operation in South Africa. The scheme implicates some of the country’s biggest banks. A former member of the criminal syndicate has spoken exclusively to Al Jazeera. Al Jazeera’s Alexander James reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #aljazeeraenglish #BreakingNews #AlJazeeraLive #aljazeeraenglish #newsfeed #news #aljazera #latestnews #latestwhatsappstatus #investing #investigation #money #moneylaundring #africa #southafrica

🏦 Banks: How do they make money from your deposits? #shorts

Just how do banks make money? Yahoo Finance Anchor Seana Smith and Former FDIC Chair Sheila Bair explain in this segment from March 13, 2023. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your […]

Why did Silicon Valley Bank fail? | Al Jazeera Newsfeed

The collapse of Silicon Valley Bank has sent shockwaves through financial and tech circles. Here’s a look at what happened: Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News

Earnings: What to expect from big banks this week

#earnings #bigbanks #yahoofinance Yahoo Finance Live anchors Brian Sozzi, Julie Hyman and Brad Smith discuss the expectations for big bank earnings this week, as well as news that Goldman Sachs plans to cut 3,200 jobs. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and […]