Warren Buffet is Set to Invest in India’s Mobile Payments Firm, Paytm
Warren Buffet Invests: One of the worlds most renowned investors, Warren Buffet, looks set to pick up a major stake in what will be his first Indian investment.
Specifically, his company—Berkshire Hathaway (NYSE:BRK.A)—is …
JP Morgan Ready To Unveil Free New Investing App
In the busy world of retail investing, it can be difficult to attract attention. However, a new JP Morgan investing app will surely turn a few heads.
JP Morgan Investing App
The multinational …
Think Tank Shows US CEOs Earning 312 Times More Than Workers
The Economic Policy Institute (EPI) — a Washington-based think tank — has released its findings from a study looking at the pay difference between CEOs and average workers in 2017.
The findings may …
Bank of America Tops Estimates, Raises Dividend by 25%
Bank of America’s (NYSE:BAC) strategy of enhancing its operational efficiencies and reducing its cost structure has helped it in making significant earnings growth; it has been generating substantial growth across all business segments. Bank of …
Financial Sector Sell-off Paused After Big Banks Raised Cash Returns
Although the financial sector has been lagging behind in the S&P 500 index, banking stocks continue to create value for shareholders. Several big banks, including Wells Fargo (NYSE:WFC), American Express (NYSE:AXP) and JPMorgan (NYSE:JPC), has …
Wells Fargo will Buy Back $24.5 Billion in Stock after Passing Fed Test
Wells Fargo Passes Fed Test: Wells Fargo (NYSE:WFC) has announced that it will buy back nearly $24.5 billion of stock after the bank passed the Federal Reserves stress tests.
The results of the …
PayPal Shares Worth $100 – Analysts Claim
PayPal shares: Traders are showing confidence in PayPal Holdings (NASDAQ:PYPL) business expansion strategies and growth prospects. The company had announced a streak of acquisitions in the last couple of quarters to improve their presence in …
Manulife Job Cut – 700 Jobs Gone in a Push to Digital
Manulife Job Cut: In an effort to go digital, Manulife Financial Corporation announced Thursday that it will be conducting a job cut over the next 18 months. Not just any job cut, either. Roughly 700 …
Western Union CEO Says Crypto Transfer Support Won’t be Added in Near Future
CEO of the US financial services company Western Union (NYSE:WU), Hikmet Ersek, has said that people shouldn’t expect to see cryptocurrency transfer support any time soon.
Ersek, who spoke at Economic Club of …
Spanish Bank CEO Says Blockchain has ‘Huge Promise’ for Financial Industry
Blockchain could have a “huge promise” for the banking and financial industry, according to the CEO of the Spanish bank BBVA (NYSE:BBVA), Carlos Torres Vila.
The future of blockchain could influence many different …