Banking & Finance

Is More Consolidation on the Horizon for the Online Payment Space?

With e-commerce continuing to grow at an incredible rate, online payment processors are becoming a hot commodity in the financial sector. In part this has been spurred on by cryptocurrency ...
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Sterling Bancorp Files for IPO

Sterling Bancorp has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, but ...
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Why PayPal Is Pushing New All-Time Highs

PayPal Holdings Inc. (NASDAQ: PYPL) reported its third-quarter financial results after the markets closed on Thursday. The stock was indicated to hit an all-time high on the record numbers and ...
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Amex Earnings Not Enough for Investors Amid CEO Shuffle

American Express Co. (NYSE: AXP) reported third-quarter financial results after markets closed Wednesday. The company said that it had $1.50 in earnings per share (EPS) and $8.44 billion in revenue, ...
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Qudian Makes a Splash as the Biggest Chinese IPO of the Year

Qudian Inc. (NYSE: QD) entered the market with a bang on Wednesday, with shares jumping nearly 50% from the original pricing. This is yet another Chinese company breaking into U.S. ...
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What to Expect From American Express Earnings

American Express Co. (NYSE: AXP) is scheduled to release its most recent quarterly results after the markets close on Wednesday. The Dow Jones Industrial Average is hitting all-time highs and ...
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Why Morgan Stanley Is Tuesday’s Top Bank

Morgan Stanley (NYSE: MS) released its most recent quarterly earnings before the markets opened on Tuesday. It was one of two major investment banks that reported this morning. While Goldman ...
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Analyst Has 5 Banks to Buy as Investors Sell the Earnings

After a red-hot year, even the top banks have found it hard to keep the momentum going recently as investors have been selling the news. Citigroup Inc. (NYSE: C) was ...
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Trading Revenues Continue to Drag on Goldman Sachs Earnings

Goldman Sachs Group Inc. (NYSE: GS) reported third-quarter 2017 results before markets opened Tuesday morning. The investment bank reported diluted quarterly earnings per share (EPS) of $5.02 on net revenue ...
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Credit Unions File Class Action Suits Against Equifax

About every six months a massive hack puts millions of consumers and average citizens at risk as cyber thieves look to get their hands on private data. Equifax Inc. (NYSE: ...
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61 million Americans Checked Credit Score After Equifax Data Breach

Two weeks after the Equifax Inc. (NYSE: EFX) data breach was revealed, 61 million Americans checked their credit score or credit report,according to a new CreditCards.com report. However, about 71 ...
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Bank of America Drags Despite Earnings Beat

Bank of America Corp. (NYSE: BAC) released its most recent quarterly earnings report before the markets opened on Friday. The megabank said that it had $0.48 in earnings per share ...
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Wells Fargo Earnings Dip on Scandal-Related Charges

Wells Fargo & Co. (NYSE: WFC) reported fiscal 2017 third-quarter results before markets opened Friday morning. The banking giant reported diluted earnings per share (EPS) of $0.84 on revenue of ...
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What to Look For in Bank of America Earnings

Bank of America Corp. (NYSE: BAC) is set to report its most recent quarterly results before the markets open on Friday. Prior to the release of this report Citigroup and ...
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What to Expect When Wells Fargo Reports Earnings

Wells Fargo & Co. (NYSE: WFC) is scheduled to release its third-quarter financial results before the markets open on Friday. JPMorgan and Citigroup have already reported, but there was no ...
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