Posted at 12:09h
in
News
by KMFSLLP
Wells Fargo & Co first-quarter
profit plunged as it set aside billions of dollars to cover
potential loan-losses from the coronavirus pandemic.
...
Posted at 11:59h
in
News
by KMFSLLP
Hedge funds accelerated their
repurchases of petroleum short positions last week as Saudi
Arabia, Russia and the United States made progress towards a
production-cutting agreement.
...
Posted at 11:57h
in
News
by KMFSLLP
Austrian insurer Uniqa
plans to pay just a third of its proposed dividend for
2019 and has scrapped its payout for this year, warning on
Tuesday it might make a pretax loss in 2020 because of the
coronavirus pandemic.
Posted at 11:54h
in
News
by KMFSLLP
Will be it a U? A V? Maybe a W?
Predictions for economic recovery after coronavirus-linked
lockdowns are throwing up a medley of letters to indicate
whether we can expect a bounceback, a slow-burn recovery or
relapse.
Posted at 11:46h
in
News
by KMFSLLP
Investors have been hoarding
cash at a rate not seen since the immediate aftermath of the
9/11 attacks of 2001, BofA's April fund manager survey showed,
as the coronavirus roiled global financial markets.
Posted at 11:27h
in
News
by KMFSLLP
Three months can be a very long
time in markets, the last three months particularly.
...
Posted at 11:23h
in
News
by KMFSLLP
Retailer halts orders after reaching maximum capacity within 90 minutes
...
Posted at 11:15h
in
News
by KMFSLLP
Barclays has halted
new job cuts while the coronavirus crisis is ongoing, the bank
said in an internal memo seen by Reuters on Tuesday.
...
Posted at 10:58h
in
News
by KMFSLLP
JPMorgan Chase & Co reported a
68% slump in first-quarter profit on Tuesday as the coronavirus
pandemic forced the largest U.S. bank to boost reserves to
cushion it from a wave of potential loan defaults.
Posted at 10:45h
in
News
by KMFSLLP
* German exchange operator licenses trading software to
rivals
...