u.s. banking news
- Banking
Nigerian fintech Appzone lands $10m for digital core banking solution
Appzone, a Nigerian digital core banking solution provider, has landed a $10 million Series A funding round led by CardinalStone…
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Dutch VC Finch Capital snaps up Wirecard’s APAC assets
Finch Capital, a Dutch venture capital (VC) firm, has just bought now-collapsed Wirecard assets in four Asia-Pacific (APAC) countries. The purchases,…
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Citi in big Asia hiring spree; the end of the corner office at HSBC?
Wall Street Journal Asia push Citigroup plans to recruit “1,100 private bankers and relationship managers as well as 1,200 technical…
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Progress in Partnership on Core Providers | ABA Banking Journal
By Jim Edwards ABA Viewpoint Reflecting on the history of my bank’s relationship with its core provider, you might think…
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Lending start-up Fintern raises £32m in seed funding
London-based start-up Fintern has raised £32 million in equity and debt funding from Varengold Bank and a collection of angel…
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RTGS.global hires industry veteran Dave Sissens as new CEO
Real-time cross-border liquidity firm RTGS.global has appointed Dave Sissens as its new CEO. Sissens worked for 20 years at settlement…
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SEC confirms appointment of Gary Gensler as new chair
The US Securities and Exchange Commission (SEC) has confirmed the nomination of Gary Gensler as its new chairman. The Democrats…
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Fair CMO Toni Harrison: Oppressors can’t be the underbanked’s saviours
Fair, an “ethical” banking alternative gearing up to serve immigrant and underbanked communities, recently appointed a new chief marketing officer…
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Railsbank appoints John Hammond to reunite Currencycloud founders
Banking-as-a-Service (BaaS) provider Railsbank has appointed John Hammond as its new chief commercial officer (CCO). Railsbank says it has “brought…
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Russian e-commerce giant Ozon acquires Oney Bank in $10m deal
Russian e-commerce firm Ozon is expanding into traditional financial services with a $10 million acquisition of compatriot Oney Bank. Sovcombank…
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Not your baby
There are some things nobody tells you. Like, no matter how old you get, some idiot in a bar, on the…
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Goldman Sachs settles on Birmingham for second UK office
Goldman Sachs has decided on Birmingham as the location for its second UK office. The US bank intends to start…
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Digital transformation can boost minority homeowners
Home ownership can be a powerful way to build wealth and boost long-term consumer financial health, but bias in lending…
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Three trends for insurers to watch in the post-COVID era
As we all know, almost every business, person and industry on this planet faced some form of disruption last year.…
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Pine Labs acquires digital payments start-up Fave in $46m deal
Consumer fintech Fave has been acquired by India-based merchant commerce firm Pine Labs in a deal valued at over $45…
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Citizens Bank Chief Data Officer Vinay Jha to speak on automating risk at BA Risk Summit | Bank Automation News
Citizens Bank Chief Data Officer Vinay Jha Vinay Jha, chief data officer at Citizens Bank, will share his insights on…
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Weekly Wrap: Surprises and revelations from PNC, Citi, Synchrony and others at BA Ignite | Bank Automation News
This week, Bank Automation News shared revelations and surprises from the BA Ignite virtual conference, held Tuesday and Wednesday. The…
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NFL Quarterback Alex Smith to Keynote ABA’s Emerging Leaders Forum | ABA Banking Journal
NFL Quarterback Alex Smith will deliver keynote remarks during ABA’s 2021 Emerging Leaders Forum, to be held virtually April 28-29.…
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Earnings Season Preview: Atkore Near Buy Zone With Quarterly Report Due
If you’re looking for stocks that are setting up in a base ahead of their next quarterly report, here’s on…
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Earnings Season Preview: Matson Near Buy Zone With Quarterly Report Due
If you’re looking for stocks that are setting up in a base ahead of their next quarterly report, here’s one…
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Laboratory Corporation Of America Trying To Close In On Key Technical Measure
The Relative Strength (RS) Rating for Laboratory Corporation Of America (LH) moved into a new percentile Friday, as it got…
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Dow Jones Hits New High As Cisco, Disney Rally, But Nasdaq Lags
Stocks were mixed early Friday as the Dow Jones Industrial Average hit a new high thanks to solid gains from…
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Dow Jones Hits New High; Housing Stocks Rise On Strong Economic Data; These Growth Stocks Score Breakouts
The Dow Jones Industrial Average traded moderately higher in today’s stock market and hit another all-time high as the major…
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IBD Live Q&A And Two Key Stock Lists For April 16, 2021
Ticker SRAY Ha ha Mark! Or SUGR. Hat Man Dave Happy Friday all!! Thoughts on INVE?? Has it run up…
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Top-Rated Triton International Stock Near Buy Zone Ahead Of Earnings
With its next quarterly earnings report scheduled for around Apr. 29, Triton International (TRTN) is trading approximately -8% under a…
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Dow Jones Rallies As Nasdaq Flounders; These Warren Buffett Stocks Eye Buy Points
The Dow Jones Industrial Average was looking to end the week strong even as the Nasdaq struggled to make progress.…
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Channel your inner Knute Rockne to help your team weather tough times
Not every life and business challenge has a sports analogy. I’ve acknowledged that fact hundreds of times in talks to…
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Bank Profits Are On Fire; Analysts Like These 6 Stocks Best
Investors knew S&P 500 bank profits would soar in the first quarter. But the financial sector’s results topped even bullish…
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IBD 50 Stocks To Watch: Snap Stock Forming Base Ahead Of Earnings
Among leading growth stocks, our pick for today’s IBD 50 Stocks To Watch is Snap stock, which is forming a new…
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Dow Jones Today Sets Pace As Futures Rise; Caterpillar Eyes Buy Point; Progygny, Lattice Semi Head For S&P 400
Stock futures gained incremental strength Friday, as record-setting GDP data from China boosted global trade. Stocks including PPG, Lattice Semiconductor…
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Is Zoom Stock A Buy Right Now? Small Business Customer Turnover Key As Economy Reopens
Yes, shares in Zoom Video Communications (ZM) soared during the coronavirus emergency. But what’s the outlook for Zoom stock as…
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Rumored Apple Car, Cloaked In Mystery, Could Recharge Apple Stock
Apple stock has thrived for decades as the company thrilled consumers with well-timed innovations in computing, music and phones. Now…
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Futures Rise On Strong Earnings; Five Stocks Are Buys
Dow Jones futures rose early Thursday, along with S&P 500 futures and Nasdaq futures, amid big earnings from Taiwan Semiconductor…
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IBD Screen Of The Day: Three Growth Stocks Showing Rising Profit Estimates
Today’s IBD Screen Of The Day focuses on growth stocks showing rising profit estimates. It’s one of several powerful screens found in…
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Steel Dynamics Sees Composite Rating Improve To 96
Steel Dynamics (STLD) saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before. X…
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PBF Energy Joins Elite Club Of Stocks With RS Ratings Over 90
On Thursday, PBF Energy (PBF) cleared a noteworthy technical benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus…
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Dow Jones Rallies As Jobless Claims Plunge; Coinbase Up As Powell Likens Bitcoin To Gold
The Dow Jones Industrial Average rallied as jobless claims plunged and retail spending ramped up. Hot new issue Coinbase Global…
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These 3 Trades Show Strong Price Momentum; A Stock Market ‘Lie Detector’ Test
John Kosar, Chief Market Strategist at Asbury Research, joined the Investing with IBD podcast this week to discuss different tactical…
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Why Zions is shunning SOFR, embracing Ameribor
WASHINGTON — As banks race to transition away from the London interbank offered rate, the head of Zions Bancorp. says…
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How long can credit unions keep sacrificing fees?
Some credit unions are trying to strike a balance between growing noninterest income and reducing some fees in order to…
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How J&J’s Coronavirus Vaccine Fiasco Could Benefit Novavax And Others
The extended pause for Johnson & Johnson‘s (JNJ) coronavirus vaccine in the U.S. could bolster vaccine stocks Pfizer (PFE), Moderna…
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ARK Invest Stocks To Buy And Watch: 5 Stocks That Cathie Wood’s ARK ETFs Own, Like Square and Tesla
Cathie Wood’s ARK Invest ETFs are some of the hottest funds after 2020’s huge stock market gains. Five ARK Invest…
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Using Options Trading To Invest In The Property Market
Property has a valuable place in every investor’s portfolio, especially in times of economic uncertainty. X As an asset class,…
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Following Earnings, Enphase Energy Sees Key Performance Metric Soar To 97
Enphase Energy (ENPH) saw its IBD SmartSelect Composite Rating rise to 97 Wednesday, up from 88 the day before. X…
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Is Cisco Stock A Buy? Corporate Spending Lags, Cloud Doing Better, 5G Yet To Kick In
Shares in Cisco Systems (CSCO) lagged the S&P 500 in 2020. But Cisco stock climbed late last year amid a…
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Dow Jones Hits New High As Market Comes Back; Marijuana Stocks Soar
The Dow Jones Industrial Average led key market indexes back into positive territory Wednesday afternoon, heading into the final hour…
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SBA rolls out fixes for PPP error codes
The Small Business Administration has announced a series of steps to address a nagging problem with error codes that Paycheck…
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Is BYND Stock A Buy, After Beyond Meat’s Big PepsiCo Deal?
Since its start over 10 years ago, Beyond Meat (BYND) has emerged as the leader in plant-based meat alternatives. The…
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How long should small-business, mortgage aid last?
WASHINGTON — Despite calls from the Biden administration for bipartisan action on coronavirus relief, lawmakers remain sharply divided over the…
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‘Words With Friends’ Game Publisher Spells ‘Beat’ With Fourth-Quarter Report
Video game publisher Zynga (ZNGA) late Wednesday beat Wall Street’s targets for the fourth quarter but offered mixed guidance. The…
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