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Bank stocks hit by Fed stress tests

Last Updated: June 29, 2020

Nervous US banks will wait to see if investors will continue to sell off their stocks following new Federal Reserve (pictured) rules that limit buybacks […]

JP Morgan bets on ‘endgame’ virus stocks, gold and emerging currencies

Author: Alejandro Arrieche

Last Updated: June 22, 2020

JP Morgan Chase & Co advised investors to pick stock more carefully in the second half of the year, as the performance of different industries […]

Checkout.com fundraise hits $5.5bn valuation, now one of Europe’s most valuable fintechs

Author: Alejandro Arrieche

Last Updated: June 22, 2020

London-based digital payments startup Checkout.com has become one of Europe’s most valuable financial technology firms after hitting a $5.5bn valuation, almost tripling its value in […]

US bank stocks hint at recession investors fear is coming

Author: Alejandro Arrieche

Last Updated: June 4, 2020

US banks lag behind the broader stock market and give an indication to the harsh recession investors are betting America will face as a result […]

Hexo stock jumps 20% after cannabis firm granted license to build factory

Author: Galina Mikova

Last Updated: June 2, 2020

Hexo shares (NYSE:HEXO) rose more than 30% pre-market after the company confirmed its cannabis manufacturing and processing factory in Belleville, Ontario has received its Health […]

Pound opens in choppy territory ahead of crunch Brexit talks

Author: Roger Baird

Last Updated: June 2, 2020

The pound opened in choppy territory on Monday as UK and European Union (EU) teams prepare for trade talks, which London hopes will avoid the […]

Airline industry: Four years of pain, says report

Author: Mohit Oberoi

Last Updated: May 29, 2020

Global air passenger numbers will drop as much as 55% this year, and won’t recover until 2024, according to a report The aviation industry’s recovery […]

Interview: Funding Options chief executive Simon Cureton – Chancellor’s £350bn business loan scheme leaves fintech lenders out in the cold

Author: Roger Baird

Last Updated: April 20, 2020

Millions of Britain’s small businesses are desperate for cash to cover wages a month into the coronavirus lockdown – but the alternative finance industry feels […]

Visa stock under pressure as consumer spending ‘sharply declines’

Author: Roger Baird

Last Updated: March 31, 2020

Visa again lowered its second-quarter revenue growth outlook, and said that consumer spending has “sharply declined” as a result of coronavirus lockdown measures. The credit […]

Suspended company earnings reports sparks market shutdown fear among investors

Author: Roger Baird

Last Updated: March 24, 2020

Major listed UK firms said they would delay results after being given the go-ahead by the City regulator due to business uncertainties caused by the […]