Search

In April this year global French investment bank Societe Generate announced that it had reached a deal to sell its Moroccan businesses, Societe Generate Marocaine de Banques and its subsidiaries, [...]

Byline: CT Bureau At the H1FY25 earnings call, Arthur Lang, Group CFO, Singtel responded to a question asked by Piyush Choudhary, HSBC. Two questions, firstly on cost optimization. Can you [...]

As China prepared to celebrate its Golden Week holiday and mark the 75th anniversary of the People's Republic, the ruling Communist Party rolled out a raft of measures aimed at [...]

Odds of a 'no landing' scenario for the economy are rising amid continued strong economic data. This scenario is bullish for stocks, even if it means slower rate cuts. High [...]

TLDR: China announced a massive stimulus package, including cuts to bank reserve requirements and mortgage rates The stimulus aims to boost liquidity and support weak economic sectors Cryptocurrency enthusiasts speculate [...]

Bank of America says the economy should enter a 'recovery' phase as early as next year. So investors may want to consider higher-risk small-caps, which outperform in recovery, BofA says. [...]

On Tuesday, China unveiled aggressive stimulus measures to support its struggling economy. The stimulus blitz is sparking market speculation that Beijing is panicking over the state of its economy. Most [...]

HSBC downgraded FedEx (FDX) to Hold from Buy with a price target of $300, down from $350. The analyst says deteriorating volume mix and weak business-to-business weighed on margins in [...]

JPMorgan Chase CEO Jamie Dimon said the worst outcome for the US economy is stagflation. Speaking at a Tuesday conference, Dimon said he 'wouldn't take it off the table.' Inflation [...]

Byline: Adgully Bureau Shri T Rabi Sankar, Deputy Governor, Reserve Bank of India, in his keynote address at the the Global Fintech Fest 2024, said: 'Fintechs need to be alert [...]

BofA downgraded Bank of Montreal to Neutral from Buy with a price target of C$117, down from C$134, as the firm is 'increasingly concerned' with the lack of visibility on [...]

Byline: Bar & Bench The Court said that banks cannot ask the Bureau of Immigration to open a Look Out Circular (LOC) against a person only on the ground that [...]

Bank of America warns of a hard landing if the S&P 500 drops below its 200-day average. If the stock market falls below that threshold, there could be a 10% [...]

Jamie Dimon has been warning of an economic downturn for several years. The JP Morgan chief told CNBC this week that he still thinks a recession is the most likely [...]

Stocks tumbled after weak economic data, sending ripples across the global economy. But BofA's Chief US Economist Michael Gapen says the market is overblowing recession risks. Gapen also says the [...]

Bank of America's Michael Hartnett advises selling stocks at the first Federal Reserve rate cut. Hartnett's analysis of past rate-cutting cycles shows stocks fall during hard-landing cuts. Recession risks have [...]

The outlook for cyclical stocks has never been better, according to Bank of America. The bank said the Fed can shift focus to economic growth after the cooler June CPI [...]

Utility bills have been shrinking after years of increases, Bank of America says. But the firm says electricity costs have jumped with power demand quickly rising. AI could drive power [...]

General Motors CFO Paul Jacobson said the car maker is investing $850M into Cruise to help cover the company's operational costs after it was force to shutter its robotaxi service [...]

Russia's economy is 'definitely and strongly overheated,' said Sberbank CEO Herman Gref. Gref said it's 'impossible' to exceed the current production capacity, which is at 84%. Russia's sanctions-hit economy grew [...]

The economy is flashing fresh warning signs a recession is on its way, according to Societe Generale. The French bank pointed to three worrying data points that have raised red [...]

US stocks kicked off the week with a slight gain on Monday as investors await a deluge of economic data. Manufacturing data, job openings and initial claims, and the May [...]

Byline: Moneylife Digital Team The central board of directors of the Reserve Bank of India (RBI) decided to increase the contingent risk buffer (CRB) for FY23-24 to 6.50% from 6% [...]

Advisors are suing their ex-employers for pay they forfeited after leaving for rivals. Taking on banks with billion-dollar war chests is big business for a Texas firm with 11 lawyers. [...]

Byline: Andy Coyne US confectionery giant Mondelez International said it remains confident about the prospects of its chocolate business despite record-high inflation in the cocoa supply chain. Speaking to analysts [...]

The offers and details on this page may have updated or changed since the time of publication. See our article on (https://www.businessinsider.com/multiple-bank-accounts-paid-off-debt-2024-04) Business Insider for current information. Affiliate links for [...]

Bank of America's Michael Hartnett predicts a no-landing scenario for the US economy for now. But the longer this scenario plays out, the higher recession risks become. Signs of trouble [...]

Byline: Moneylife Digital Team The Union government spent nearly Rs14 crore on electoral bonds, including commission paid to State Bank of India (SBI) for selling the bonds, bill paid for [...]

Societe Generale's Albert Edwards is skeptical about AI's impact on earnings, despite the hype. He also doubts the notion that the US economy is in a broad recovery. Edwards cites [...]

Deutsche Bank upgraded Credit Agricole to Buy from Hold with a price target of EUR 17, up from EUR 13.50. Historically, Credit Agricole has outperformed in an environment of low [...]

March 24 -- The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a top [...]

March 24 -- The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a top [...]

Byline: Marc Lutz It was known as the Boise Hole, a blight in the city's downtown area that hindered any growth, dissuading investment and visitors. Ten years later, that hole [...]

The Indian economy, which expanded at a four-month high in January, continued to strengthen in February, seeing accelerations in both manufacturing and services sectors during the month. While services sector [...]