7 of the biggest reasons why the stock market is having a dreadful September
Thus far, September has lived up to its billing as a weak month for stocks. And getting back into sustained rally mode may take some time.
Recent
Kudlow—Contradicting Other Top Officials—Says Stimulus Not Needed For Economic Recovery
“I don’t think a V-shaped recovery depends on the [stimulus] package,” Kudlow told reporters, adding that “the economy is improving nicely.”
A little help from our friends: banks team up as FX trading gets tougher
many banks are outsourcing parts of their foreign exchange businesses, a trend that may cement big lenders’ dominance of global currency trading.
Insurers' hedge fund investments may face chop after dismal pandemic performance
Having complained for years about hedge funds’ high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sector
Credit Suisse, UBS held tie-up talks backed by both chairmen: Bilanz
The chairmen of UBS and Credit Suisse supported a merger of equals between Switzerland's two largest banks during discussions earlier this year.
The stock market's earnings problem
By Q4, earnings are expected to exceed the 1st quarter hit and by the 3rd quarter of next year corporate earnings should exceed pre-COVID levels.
Coronavirus Is Shaping Up To Be Very Bad For Banks—But Not For Bitcoin
The coronavirus pandemic has turned the established status quo on its head with many businesses and industries still reeling.
