bnp paribas

BNP Paribas Stock: Strong Revenue Growth is Driving the Rally; Analysts Lift Targets

Siraj Sarwar

BNP Paribas (BNP) stock price is extending the upside momentum after beating fourth-quarter estimates. The bank’s strategy of expanding its foot-prints in European markets is among the biggest contributor to revenue growth in analysts’ view. The market pundits are also showing confidence in its operational efficiencies and cost cuttings. “The beat on capital and earnings…

Revolut launches 360-degree view of customer finances for first time

Roger Baird

Revolut said customers will now be able to see all their financial accounts inside its banking app – promising them a 360-degree view of their finances for the first time. The UK’s largest challenger bank said today its British customers are now able to connect to external money accounts “allowing them to see all of…

Revolut enters UK savings market

Roger Baird

Digital bank Revolut has entered the competitive UK savings market, with the launch of an easy-access savings account. The London-based bank said the account will pay a market leading 1.35 per cent per year, comparable with best instant access UK accounts offered by providers such as Yorkshire Building Society and Goldman Sach’s online operation Marcus….

Facebook stock price

Facebook Stock Price: Analysts Expect More Than 30% Growth in 2020

Siraj Sarwar

Facebook (NASDAQ: FB) stock price gained close to 60% in the last twelve months amid trader’s confidence in its user growth and substantial revenue growth from ads. The market analysts are seeing further strength in ads in fiscal 2020, which could help its share price in gaining further upside momentum. The robust financial performance in…

Revolut lands City grandee Martin Gilbert as chairman

Roger Baird

Revolut has appointed City grandee Martin Gilbert as chairman, as the digital bank bids to control its corporate governance and battles accusations of a toxic company culture, amid rapid growth. The London-based fintech said Gilbert will take up the post of non-executive chairman on 1 January next year. The move comes after the app-only bank…

Revolut loses information security boss after two months on the job

Roger Baird

Revolut chief information security officer has left less than two months after joining the digital bank. Dinis Cruz will leave the bank this month, after joining the London-based fintech last month. A company spokesman said: “We can confirm that Dinis Cruz will be leaving Revolut in November by mutual consent and we are currently in…

Morgan Stanley stock

Morgan Stanley Usurps Rivals for a Critical Role in IPO Relaunch

Ali Raza

Morgan Stanley managed to overtake rivals such as Citigroup, Deutsche Bank, Goldman Sachs, and Credit Suisse, no leading a $1.45 billion relaunch of an IPO. It’s Hong Kong’s second-largest IPO this year, and an oddly dramatic shuffle of roles on this big deal. Morgan Stanley was approached to this back in August by ESR Cayman…