Financials Archives - Page 5 of 19

Western Union earnings preview: Pressure from digital rivals

Last Updated: July 31, 2020

Money transfer company Western Union will release its earnings on Tuesday, with analysts forecasting lower earnings as digital rivals gained pace during the pandemic. Western […]

Goldman Sachs sounds alarm over fading dollar

Author: Alejandro Arrieche

Last Updated: July 29, 2020

Goldman Sachs has joined the chorus of Wall Street voices sounding the alarm on the dangers of a falling US dollar it the face of […]

Al Kelly chairman and chief executive of Visa

Visa earnings preview: One digital battle after another

Author: Alejandro Arrieche

Last Updated: July 24, 2020

Visa will post earnings on Tuesday and both analysts and investors will want to see whether the payments giant took advantage of the spike in […]

Warren Buffett banks $40bn from Apple pandemic rally

Author: Alejandro Arrieche

Last Updated: April 30, 2021

Warren Buffett’s (pictured) conglomerate Berkshire Hathaway has banked around $40bn from its investment in Apple, which along with other tech stocks rallied during the pandemic. […]

Super-rich piling out of stocks, says UBS

Author: Alejandro Arrieche

Last Updated: July 16, 2020

The super-rich are getting out of stocks after making billions by betting on the recovery of the stock market during the pandemic sell-off, says wealth […]

JP Morgan record results show it battening the hatches on the US economy

Author: Alejandro Arrieche

Last Updated: July 15, 2020

JP Morgan released its quarterly results yesterday which saw investors cheer its exceptional revenue growth coming from higher investment banking fees. However, America’s largest bank […]

Goldman Sachs earnings preview: Trading through turmoil

Author: Alejandro Arrieche

Last Updated: July 13, 2020

Financial companies take centre stage in earnings season this week and Goldman Sachs’ results on Wednesday will be closely watched by the investment community after […]

S&P Global: Global banks could lose $2.1trn by 2021 due to the pandemic

Author: Alejandro Arrieche

Last Updated: July 10, 2020

Market research firm S&P Global alerted that banks around the world could face around $2.1trn in credit losses as a result of the pandemic, citing […]

Lloyds shares rise on CEO step-down announcement

Author: Alejandro Arrieche

Last Updated: July 7, 2020

Lloyds’ chief executive António Horta-Osório announced on Monday that he plans to step down from his position at the British bank in mid-June 2021 after […]

Goldman Sachs cuts its US GDP forecast for 2020 to 4.6% amid surge in virus cases

Author: Alejandro Arrieche

Last Updated: July 6, 2020

New-York based investment bank Goldman Sachs recently revised its 2020 GDP estimates for the US economy, as coronavirus cases in the country reach all-time highs […]