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Barclays activist urges trading shutdown at investment bank, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 18th, 2018

JPMorgan reappointed primary dealer for Indonesia

The country has decided to reinstate the investment bank about 18 months after cutting ties......»»

Category: topSource: marketwatchMay 1st, 2018

Deutsche cuts investment banking, but Barclays gains from it

Deutsche Bank has announced cutbacks to its bond and equities trading in a major overhaul of its troubled investment bank, after posting a 79 percent d.....»»

Category: videoSource: reutersApr 26th, 2018

Bank of America: "We Have Not Seen This Movie Before"

With just months left until the global central ban.....»»

Category: blogSource: zerohedge20 hr. 28 min. ago

The unbearable awkwardness of automation

On June 27, 1967, a Barclays bank in Enfield, London, debuted what is widely regarded as the first automatic teller machine, or ATM. .....»»

Category: topSource: moneycentralJun 16th, 2018

Euro on track for worst week in 19 months on ECB"s cautious stance

TOKYO (Reuters) - The euro on Friday was headed for its worst weekly loss in 19 months after a cautious European Central Bank signaled it will keep interest rates at record lows well into next year......»»

Category: topSource: reutersJun 15th, 2018

Euro heads for worst week in 19 months on ECB"s cautious stance

TOKYO (Reuters) - The euro was headed on Friday for its worst weekly loss in 19 months after a cautious European Central Bank signaled it will keep interest rates at record lows well into next year......»»

Category: topSource: reutersJun 14th, 2018

Growth can outperform value for several more months, says Lindsey Bell

CFRA's investment strategist also tells Reuters' Fred Katayama that May's strong retail sales data bodes well for economic growth and brings comfort to those concerned about inflation......»»

Category: videoSource: reutersJun 14th, 2018

China economic performance is starting to look a little scratchy

Kevin Frayer/Getty Images Chinese economic data out today whiffed across the board. Fixed asset investment in urban areas grew at an annual rate of 6.1% in the first five months of the year, the weake.....»»

Category: topSource: businessinsiderJun 14th, 2018

In One Chart: Fund managers are overweight U.S. stocks for the first time in 15 months

Equity investors are overweight U.S. stocks for the first time in 15 months, according to Bank of America Merrill Lynch’s fund manager survey for June......»»

Category: topSource: marketwatchJun 12th, 2018

In One Chart: Fund managers just went overweight U.S. stocks for the first time in 15 months

Equity investors are overweight U.S. stocks for the first time in 15 months, according to Bank of America Merrill Lynch’s fund manager survey for June......»»

Category: topSource: marketwatchJun 12th, 2018

In One Chart: Stock-market investors just fell back in love with America: survey

Equity investors are overweight U.S. stocks for the first time in 15 months, according to Bank of America Merrill Lynch’s fund manager survey for June......»»

Category: topSource: marketwatchJun 12th, 2018

Robots could replace as many as 10,000 jobs at Citi"s investment bank

VCG/Getty Images Robots could replace.....»»

Category: topSource: businessinsiderJun 12th, 2018

Jeweler Behind $2BN Indian Bank Fraud Reportedly Seeking Political Asylum In London

Four months after news of India's largest-ever banking scandal burst into the headlines when authorities discovered that a series of shell companies tied to a famous Indian jeweler had stolen nearly $2 billion from state-owned banks using an .....»»

Category: blogSource: zerohedgeJun 12th, 2018

Mexico judge signs arrest warrant for local JPMorgan head: BVG World

MEXICO CITY (Reuters) - A judge in Mexico has issued an arrest warrant for the country head of U.S. investment bank JPMorgan for alleged fraud in a dispute related to a 2007 loan to a Mexican real estate developer, according to the company, BVG World......»»

Category: topSource: reutersJun 11th, 2018

Citi investment bank may cut up to 10,000 ops jobs in next 5 years, FT says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 11th, 2018

Citi issues stark warning on automation of bank jobs

Citigroup’s investment bank will shed up to half of its 20,000 technology and operations staff in the next five years, according to the division’s head, as machines supplant humans at a faster pace. .....»»

Category: topSource: moneycentralJun 11th, 2018

Why One Bank Sees More Dollar Strength As Trump"s Approval Rating Keeps Rising

Three months ago we asked one question  which in retrospect has been extremely important: with Trump's approval rating at 11-month highs, would the dollar - which has shown an uncanny correlation to Trum.....»»

Category: blogSource: zerohedgeJun 11th, 2018

This bank is quietly dominating the booming marijuana industry

Canadian investment banks are seeing a huge opportunity in marijuana. .....»»

Category: topSource: moneycentralJun 10th, 2018

This bank is quietly dominating the booming marijuana industry

Canadian investment banks are seeing a huge opportunity in marijuana. .....»»

Category: topSource: moneycentralJun 10th, 2018