Banking & Finance

LexinFintech Gears Up for IPO

LexinFintech Holdings has registered an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in this filing, ...
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Bank of America Sees Massive Surge in Short Interest

Bank of America Corp. (NYSE: BAC) saw one of the biggest shifts in its short interest in the most recently reported two-week period. Short interest increased by over 13 million ...
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Bitcoin Futures Trading Launch Mostly Without Incident

At 6:00 p.m. ET on Sunday, the Chicago Board of Options Exchange (CBOE) launched its Bitcoin futures contract. The contracts trade under the ticker symbol XBT and the opening price ...
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Can the ‘Bitcoin Stocks’ Really Stay (or Come Back) Bitcoin Winners?

The excitement around bitcoin has been understandable. With it seeing exponential gains in 2017, the benchmark cryptocurrency has drawn enough attention for itself and for other cryptocurrencies. At the end ...
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How Goldman Sachs Could Rise 20% in 2018 (Maybe 40% Over Time)

Goldman Sachs Group Inc. (NYSE: GS) could be in for a good 2018. This stock has greatly lagged the market gains in 2017, and it has lagged peer bank and ...
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Top Analyst Says Big Upside Left in Banks: 4 to Buy for 2018

If any sector has been on a roll since last year's presidential election, it’s the banking and financial arena. The basic improvement in overall confidence and the hopes for less ...
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Analysts Hiking BMO Price Targets After Earnings and Dividend News

Canadian banking giant Bank of Montreal (NYSE: BMO), which is also a substantial player in the United States, has seen a warm reception to the earnings and dividend announcement. Its ...
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CURO Group Closes in on IPO

CURO Group Holdings has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. The company expects to price its 6.67 million ...
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SEC Takes Down Cryptocurrency Scam Offering

The U.S. Securities and Exchange Commission (SEC) has taken down a cryptocurrency scam offering. According to the SEC website, the commission has obtained an emergency asset freeze to halt a ...
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Huge Holiday Spending Could Mean Massive Volume for Top Payment Stocks

With the economy finally starting to show a degree of strength we haven’t seen in years, many on Wall Street are expecting a banner year for the payment companies that ...
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Bitcoin Exchanges Get Federal OK

The U.S. Commodities Futures Trading Commission (CFTC) Friday morning approved proposals by CME Group Inc. (NASDAQ: CME) to list bitcoin futures and provide a regulated trading platform for the cryptocurrency ...
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Federal Regulator Considers Even More Action Against Wells Fargo

Wells Fargo & Co. (NYSE: WFC) is not off the hook yet, as a federal regulator says that it is considering a formal enforcement action in regards to the bank’s ...
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Bullish on Tax Reform, Top Analyst Raises Price Targets on Banks

It’s the million-dollar question, and one proposal that the administration does not want to fail on: Getting some sort of tax reform through congress and approved before the end of ...
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Curo Group Announces Potential Pricing for IPO

Curo Group Holdings has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company intends to price its 6.67 ...
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What Do Societe Generale’s Plans to Shutter Hundreds of Branches Mean to US Banks?

The management of huge French bank Societe Generale has decided to steady the company's shaky financial situation via cost cuts and an exit from what it deems non-core businesses. As ...
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