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Why Victoria's Secret Stock Was Looking Ugly This Week
It wasn't much of a secret why Victoria's Secret (NYSE: VSCO) stock was unpopular this week. A recommendation downgrade from a prominent bank gave investors pause to think about the stock's
Why TD Bank Stock Was Rising Today
Toronto-Dominion (TD) Bank (NYSE: TD) saw its stock price move higher today, as it was up about 3.1% at 1:10 p.m. ET. It was trading at $62 per share at that time, down roughly 3.9% year to date.
This Stock Is the Big Winner in the Collapse of First Republic Bank
Life comes at you fast in a banking crisis. Megabank JPMorgan Chase (NYSE: JPM) acquired First Republic Bank in a fast-moving auction just hours after the Federal Deposit Insurance Corporation
JPMorgan Chase Expects the First Republic Deal to Boost Profit by $500 Million. But That Seems Conservative
JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, recently purchased most of the assets of First Republic (NYSE: FRC) from the Federal Deposit Insurance Corp. (FDIC) after First
Fifth Third Bank Surprises Louisville and Charlotte Families on Fifth Third Day with Gift of College Savings
Fifth Third Bank, National Association, surprised 94 newborns and their families for being born on a special day: 5/3. Babies born across 17 hospitals in the Charlotte and Louisville areas on
First Horizon Is No Longer Getting Acquired -- Shares Are Tanking
Shares of the roughly $80 billion asset First Horizon (NYSE: FHN), based in Memphis, Tennessee, treaded nearly 40% down as of 10:14 a.m. ET today after it and Toronto-Dominion Bank (NYSE: TD)
A Recession May Be Looming: 4 Things the Smartest Investors Are Doing Right Now
For months, economists have debated the likelihood of a recession. While the future is still uncertain, more experts are expecting it to happen in the relatively near future.
Officials at the
BlackRock Tasked With Cleaning Up Banking Mess
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Wells Fargo Bank Increases Prime Rate to 8.25 Percent
Wells Fargo Bank, N.A., said today it is increasing its prime rate to 8.25 percent from 8.00 percent, effective tomorrow, May 4, 2023.
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Here's the Real Reason JPMorgan Chase Wanted to Buy First Republic
Recently, JPMorgan Chase (NYSE: JPM) acquired most of the assets and certain liabilities from First Republic (NYSE: FRC), which was seized by state regulators and placed into receivership under the
3 Top Canadian Bank Stocks to Buy in May
The U.S. banking sector was rocked by a string of bank failures in 2023, shaking the confidence of investors and bank customers alike. If you are looking for investment opportunities in the fallout
Wells Fargo & Company Announces Common Stock Dividend
Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.30 per share, payable June 1, 2023, to stockholders of record on May 5
Wells Fargo and T.D. Jakes Group Announce Ten-Year Strategic Partnership to Build Inclusive Communities
Wells Fargo & Company (NYSE: WFC) and the T.D. Jakes Group, which includes T.D. Jakes Real Estate Ventures, LLC (TDJREV), TDJ Enterprises (TDJE) and T.D. Jakes Foundation (TDJF), today announced a
EQS-News: Lloyds Banking Group PLC: 2023 Q1 Interim Management Statement
EQS-News: Deutsche Börse AG: DEUTSCHE BÖRSE AG ANNOUNCES ALL-CASH VOLUNTARY RECOMMENDED PUBLIC TAKEOVER OFFER FOR SIMCORP A/S AT AN OFFER PRICE OF DKK 735.0 PER SIMCORP SHARE
EQS-Adhoc: Deutsche Börse AG: Deutsche Börse AG: Deutsche Börse and SimCorp sign agreement on recommended voluntary takeover offer for SimCorp – Deutsche Börse intends to combine Qontigo and ISS
Nordea Bank Abp: Nordea to launch fourth share buy-back programme of up to EUR 1.0bn
The 3 Most Pressing Questions for Banks Heading Into Earnings Season
What a ride it's been for the banking sector recently. Three banks have collapsed, with one choosing to wind down its operations and liquidate its assets, while the other two -- Signature Bank and
Here's a Potential Bright Spot In Upcoming Bank Earnings Reports
The banking sector had a difficult time since the collapse of several banks in early March. Now analysts and investors are turning their attention to first-quarter earnings, which will kick off on