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ADCB files criminal complaint against individuals linked to NMC Health
Abu Dhabi Commercial Bank , a key lender to NMC Health , said on Wednesday it had filed a criminal complaint against a number individuals linked to the hospital operator with the Attorney General in Abu Dhabi......»»
NMC Health board replaced by administrators
The administrators of troubled hospital operator NMC Health said on Tuesday they had replaced the company's board and asked its main lender, Abu Dhabi Commercial Bank (ADCB), to lead a steering group to discuss cutting its debt pile......»»
Bank of America Stock: Technical Outlook Prior To Q1 Earnings
Bank of America will report Q1 earnings on April 16, with expectations for 77 cents EPS and $25.4B in revenues. Stock has bullish sentiment but technicals suggest slight bearish trend. read more.....»»
The Technical Indicator: Charting a grinding-higher breakout, S&P 500 tags latest record peak
Technically speaking, the major U.S. benchmarks continue to trend higher amid a bullish February start, writes Michael Ashbaugh......»»
First Internet-only bank in Taiwan to start operation
Rakuten International Commercial Bank (RICB) will become the first Internet-only bank to start operation in Taiwan by the end of January 2021......»»
NMC in talks with lenders to avoid administration
Troubled hospital group NMC Health said on Monday it is in talks with Abu Dhabi Commercial Bank , seeking to convince it to withdraw an application that the lender had filed proposing that NMC be placed under administration......»»
The Technical Indicator: Bull trend persists, S&P 500 digests powerful rally atop 20-day volatility bands
Technically speaking, the U.S. benchmarks are off to a strong 2020 start, rising amid bullish market rotation, writes Michael Ashbaugh......»»
China goes bullish on blockchain
China wants to embrace blockchain, the technology that verifies cryptocurrency transactions. An official from China's state bank urged the country's commercial banks to "step up their applica.....»»
XRP/USD Defends Ascending Channel Support
XRP/USD revamps the trend upwards and technical levels start sending bullish signals. Ripple trends higher within a rising channel; short-term support established at $0.4200. read more.....»»
JPMorgan merges commercial banking groups for fast-growing start-ups
JPMorgan Chase & Co said on Monday it is combining its middle-market technology and emerging growth commercial banking teams to better position the bank to handle start-ups that rapidly grow to be big companies......»»
Malaysia: Public Bank Bhd (PUBM:KL) Bullish Trend
Malaysia: Public Bank Bhd (PUBM:KL) Bullish Trend Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 23.64. The projected upper bound is: 24.79. The proj.....»»
Gabelli Identifies Potential Eagle Bancorp Acquirers, Says Stock Pullback An Overreaction
Eagle Bancorp, Inc. (NASDAQ: EGBN), a bank focused on lending to commercial real estate and commercial and industrial borrowers, earned a bullish review from Gabelli Securities. Latest Ratings for.....»»
The Wall Street Journal: China’s central bank frees up nearly $175 billion to jump-start economy
China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates......»»
The Tell: Bank stocks are flying high in 2019, but here’s why the party might not last
Financial sector outperformance is an oversold bounce, not the start of a trend, skeptics say......»»
Three Abu Dhabi lenders agree to merge, creating a $114 billion bank
Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank said on Tuesday the banks have agreed on a three-way merger, creating the third-largest bank in the United Arab Emirates......»»
Three Abu Dhabi lenders agree to create $114 billion bank
Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank agreed a merger on Tuesday to create the third-largest bank in the United Arab Emirates......»»
Broad USD demand from post ISM beat spills over into quiet start to the week.
USDJPY bursting higher, supported by trend-line break and bullish EURJPY technicals. AUDUSD slips further with weaker than expected Building Permit data not helpi.....»»
Lockheed Martin Set For Lift-Off: Is A Golden Cross On The Horizon?
Lockheed Martin's Q1 earnings report showed impressive net sales growth of 13.7%, leading to a potential bullish trend reversal with the Golden Cross signal. Analysts predict a 10%+ upside potential for the stock. Latest Ratings for LM.....»»
Five things: Noncompetes, Southie biotechs, highest-paid bank CEOs, and the last day of class
Good morning, Boston. Here are the five things you need to know in Boston business news to start your workday. The Federal Trade Commission's decision to ban noncompete agreements at the national level triggered an immediate — yet wholly expected.....»»
Why a 30-something who paid off $100,000 of debt has 7 bank accounts
Not everyone needs seven bank accounts, but more than one can be useful to hit your savings goals. Here's how to start saving more today. The offers and details on this page may have .....»»