Advertisements



We are Sorry, This Page doesn't Exist


Buffalo banks prioritize deposits as competition heats up

Deposits are the fuel banks use to power growth, and competition for customer dollars has become fierce over the last year amid high interest rates and industry tumult......»»

Category: topSource: bizjournalsApr 10th, 2024

I"m a millennial who bought a Brooklyn apartment this year, and I was only able to because of the pandemic

The pandemic crushed the real estate market, forced banks to offer historically low mortgage interest rates, and I was able to buy an apartment. Moving: It's no fun at all. B.....»»

Category: topSource: businessinsiderApr 18th, 2021

Cash-Out Home Refinancings Hit Highest Level Since Global Financial Crisis

Cash-Out Home Refinancings Hit Highest Level Since Global Financial Crisis The rigging of interest rates by hapless central banks continues to do its job in distorting the market......»»

Category: blogSource: zerohedgeMar 13th, 2021

Polish Banks Are at a Turning Point With Franc Loans

It was too good a deal to pass up. Starting nearly two decades ago, Poles got the opportunity to take out mortgages denominated in Swiss francs with interest rates less than half the prevailing level for loans in Polish zloty. More than a milli.....»»

Category: topSource: washpostFeb 15th, 2021

What Negative Interest Rates Would Mean For Banks, Stocks And The Average American

On Wednesday, Federal Reserve Chair Jerome Powell said the Fed is still not considering cutting interest rates into negative territory. read more.....»»

Category: blogSource: benzingaMay 14th, 2020

Bank Dividends and Book Values to Come Under Deep Scrutiny With Earnings

The start of 2020 felt like a virtual Goldilocks period for the major U.S. banks, but the COVID-19 recession has changed all of that drastically. Interest rates were stable at the start of the year........»»

Category: blogSource: 247wallstApr 6th, 2020

Are Bank Stock Investors Ready for Lower Dividends and Lower Book Values?

Everything was looking perfect for the banks at the start of 2020. Interest rates were expected to remain stable for the year, business was booming and regulators seemed to be easing up. Then the........»»

Category: blogSource: 247wallstApr 1st, 2020

Bull market limping toward its deathbed: Goldman Sachs

The bull market that began on March 9, 2009, has been hamstrung by cratering oil prices and lower interest rates as central banks grapple with a new coronavirus......»»

Category: topSource: foxnewsMar 11th, 2020

Stock rebound runs out of steam despite emergency BoE cut

The rebound in stocks ran out of steam on Wednesday despite the Bank of England joining other central banks in cutting interest rates, as investors weighed up whether coordinated monetary and fiscal stimulus could counter the shock from coronavirus......»»

Category: topSource: reutersMar 11th, 2020

Stocks gain after emergency BoE cut adds to stimulus hopes

European stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal stimulus to counter the economic shock from the coronavirus outbreak......»»

Category: topSource: reutersMar 11th, 2020

European stock futures jump as BoE joins rate cut party

Stock futures in London and across Europe jumped on Wednesday after the Bank of England joined other major central banks in cutting interest rates to offset economic damage caused by the coronavirus outbreak......»»

Category: topSource: reutersMar 11th, 2020

Bank stocks near a bear market as low interest rates erode earnings

The stock market is bouncing around wildly as investors try to figure out what to make of the coronavirus<…; epidemic, but the message coming from the banks is clear: It’s a bear market. The KBW... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

Coronavirus boosts Wall Street trading, easing pain from lower rates

Market volatility related to the coronavirus has provided a welcome boost for Wall Street banks' trading businesses, helping to offset the much-bigger drag of lower interest rates on lending profits, analysts said......»»

Category: topSource: reutersMar 5th, 2020

Stocks rally after last week"s rout on central bank policy hopes

Equity markets around the world surged on Monday as the prospect for central banks cutting interest rates to soften the economic blow of the coronavirus heartened investors and drove U.S. government debt yields to record lows......»»

Category: topSource: reutersMar 2nd, 2020

Banks made $233.1 billion in profits in 2019, regulator says

Lower interest rates led to a slight decline in earnings, the first time the banking industry saw a full-year drop in profits since 2013......»»

Category: topSource: washpostFeb 25th, 2020

Compared to Traditional Banks, Crypto Lenders See Booming Growth

A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning......»»

Category: forexSource: coindeskJan 30th, 2020

Key Words: Head of U.S.’ largest bank says central banks are fueling a sovereign debt bubble, negative-rates won’t ‘end well’

J.P. Morgan chief Jamie Dimon says negative interest rates in Europe and Japan are his top concern and warns that the U.S.government is to blame for slow economic growth.....»»

Category: topSource: marketwatchJan 22nd, 2020

A Fed era is over: Prepare for a more perilous road ahead

The Fed and other central banks have long exercised influence over booms and busts. With interest rates stuck around zero, and inflation seemingly subdued, that era is ending......»»

Category: topSource: moneycentralJan 15th, 2020

JPMorgan, Citigroup and Wells Fargo Report Strong 4th-Quarter Investing Growth

Increases in wealth management income and investments offset low interest rates for big banks in 2019Related Stocks: JPM, C, WFC, PFG,.....»»

Category: blogSource: gurufocusJan 14th, 2020

U.S. bank executives offer cautious optimism heading into 2020

Despite trade wars, low interest rates and new geopolitical tensions, big U.S. banks have not experienced major disruption to their core businesses and top executives are hopeful they can generate growth this year......»»

Category: topSource: reutersJan 14th, 2020