(Bloomberg) — One year after Wells Fargo & Co. became one of the last big U.S. banks to make a net-zero promise, essentially marking its enormous oil and gas loan business for extinction, the bankers who dole out billions of dollars to fossil fuel aren’t panicking. The specialists in oil and gas have worked through […]
Read MoreBancolombia S. A. provides various banking products and services to individual and corporate customers in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. CIB $38.2900 0.2900 % 0.7600 Bancolombia […]
Read MoreBJ’s Wholesale Club Holdings, Inc. (BJ) BJ’s Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products, as well as gasoline and other ancillary services. Antero Resources Corporation (AR) Antero Resources Corporation, an independent oil […]
Read More(Bloomberg) — Banks are taking precedence for President Vladimir Putin as Russia devises a domestic response to sanctions rolled out by western governments over the invasion of Ukraine. Russian state aid will initially focus on assisting lenders hit with penalties, according to two people who attended a closed meeting with Putin to address the impact […]
Read More(Bloomberg) — After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing access to some of Wall Street’s deepest pockets. Blackstone Inc., once a major player in shale patches, is telling clients its private equity arm will no longer invest in the exploration and production of oil and […]
Read MoreBJ’s Wholesale Club Holdings, Inc. (BJ) BJ’s Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products, as well as gasoline and other ancillary services. Antero Resources Corporation (AR) Antero Resources Corporation, an independent oil […]
Read MoreDeutsche Bank Aktiengesellschaft (DB) Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, and securities services, as well as risk management solutions. T ING Groep N.V. (ING) ING Groep N.V., […]
Read MoreBuy Price: $93.00 or better Sell Price: TradersPro Sell Signal Nicolet Bankshares, Inc. operates as the holding company for Nicolet National Bank that provides commercial and retail banking services for businesses and individuals. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. The stocks founds in the One […]
Read MoreA Bank of America branch in New York. Victor J. Blue/Bloomberg Bank of America (BAC) delivered strong fourth-quarter earnings Wednesday, bucking a trend seen across much of the sector this earnings season. Profits at the bank increased by 28% from the year-ago quarter, amounting to $7 billion, or 82 cents a share, beating the 77 […]
Read More(Bloomberg) — Wall Street’s biggest banks are expected to hit the corporate bond market after they report quarterly results in an effort to raise money before the Federal Reserve knocks borrowing costs higher. JPMorgan Chase & Co. credit research analysts Kabir Caprihan and Nikita Dyatlov expect big banks to borrow a combined $24 billion to […]
Read MoreThe Federal Reserve hasn’t done anything with interest rates yet, but bank earnings released Friday show that the mere anticipation of a pullback in easy money policies is weighing on the industry. On Friday, three of the nation’s four largest banks reported earnings covering the final quarter of 2021: JPMorgan Chase (JPM), Citigroup (C), and […]
Read MoreIt’s often called a “penalty for being poor” — and it’s being phased out. Bank of America BAC, said Tuesday morning it plans to end its $35 “non-sufficient funds” fees next month, and will drop overdraft fees to $10 from $35, starting in May. Non-sufficient fund fees occur when a payment bounces. Overdraft fees occur […]
Read More(Bloomberg) — It was once hailed as the future of Chinese banking, a privately run lender that would mint money by outmaneuvering its state-owned rivals. An ill-fated push into property lending has instead turned China Minsheng Banking Corp. into one of the biggest casualties of the real estate debt crisis that’s roiling Asia’s largest economy. […]
Read MoreWells Fargo & Company (WFC) Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products […]
Read MoreMetropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company offers checking, savings, term deposit, and money market accounts, as well […]
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