Tag Archives: Bank

U.S. Bank and Sage Announce AP Optimizer to Streamline Invoice Payments

U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »

Biggest share of UK lenders since 2008 plan to tighten supply of consumer credit – Bank of England

More British lenders plan to rein in the supply of credit to consumers in the next three months than at any time since the 2008/09 financial crisis, according to a Bank of England survey that may add to concerns about the economic outlook ahead of Brexit. A net balance of 18.8 percent of British lenders expect to tighten the availability ... Read More »

Bank of Baroda PO Interview admit cards 2016 released: Download now

Bank of Baroda (BOB) has released an official notification regarding release of Group Discussion and Interview call letters on the official website. BOB successfully conducted written examination for the recruitment of Probationary Officer (PO) posts on 25th September 2016 and the results of the same were also declared. The recruitment examination is being conducted for the posts of 400 Probationary ... Read More »

Japanese yen jumps against dollar after Bank of Japan decision disappoints

he safe-haven yen jumped against the dollar on Friday after the Bank of Japan’s monetary policy easing disappointed investors who had been hoping for more radical stimulus measures. The dollar last traded at 103.35 yen, down 1.8 per cent on the day. It initially rose to 105.75 yen right after the BOJ’s announcement but later tumbled to as low as ... Read More »

Big bank investors need to keep an eye on this metric, analyst says

With second-quarter earnings season on the horizon for major U.S. banks, investors should keep an eye on fixed income trading operations, Jeff Harte, a Sandler O’Neill analyst, said Monday. “The credit markets have been a lot more favorable and that is really what hurt first quarter. I mean, we are probably a little ahead of consensus for the quarter, but ... Read More »

Bank stocks tracking for worst week since early January

Carson Block speaking the SOHN Conference in New York on May 4th, 2016. David A. Grogan | CNBC Carson Block speaking the SOHN Conference in New York on May 4th, 2016. This week has not been kind to bank stocks. The SPDR S&P Bank ETF (KBE) was down nearly 4 percent for the week, putting it on track for its ... Read More »

Deutsche,Bank:,It’s,time,to,buy,gold

Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday. The recovery since the global and European financial crises had put theprice of gold under some pressure. The yellow metal, which some analysts view as a safe haven or as a protection against rising inflation, typically underperforms during ... Read More »

Deutsche Bank expects 2018 will be its first ‘clean’ year

Chief financial officer of Deutsche Bank has said that he expects 2018 to be the first “clean” year for the bank as the lender continues to struggle with writedowns, litigation charges and restructuring costs, following a record loss for 2015. “We are coming back from a humongous loss position, if we turn this around over the next two years – ... Read More »

Bank investors have suffered two lost decades

After an awful start to 2016, the S&P 500 bank index is at the same level as in the fall of 1996. Not that it hasn’t been a rocky road: The banks doubled over the next 10 years, then crashed amid the financial crisis, before running right back to where they started. And bank investors did enjoy dividends over the ... Read More »