Banking & Finance - Page 2

LexinFintech Closes In on IPO

LexinFintech Holdings Ltd. filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. There were no pricing details given in the filing, ...
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Peer-to-Peer Lending ‘Predatory’ Says Cleveland Fed: UPDATE

UPDATE: The Federal Reserve Bank of Cleveland has taken down the original story on which our report is based. Here is the message the bank has inserted in place of ...
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JPMorgan Says Banks Are Very Expensive: 5 to Carefully Buy Now

The run for the banks is akin to the run for some of the other hot sectors in the stock market. While their results for the third quarter were solid, ...
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Will CME-Listed Bitcoin Futures Make Cryptocurrencies More Legitimate?

If there is one thing that might further make bitcoin and cryptocurrencies more legitimate, having futures contracts is a start. That is exactly what the CME Group  plans to do. ...
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Major Banks Keep Seeing Analysts Raise Price Targets After Earnings

It is no secret that we are in the midst of a raging bull market, and the massive bullish run up is now almost nine years old. In fact, the ...
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4 Top Banks to Buy for 2018 as Interest Rates Go Higher

Few industries like to see interest rates go higher. That increases the cost of borrowing and the input costs to many companies. However, one segment that likes increases in interest ...
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A Tale of 2 European Bank Earnings: Barclays vs Deutsche Bank

It has been a busy day for the banking sector in Europe. On top of the European Central Bank keeping rates static, it cut its monthly bond buying in half ...
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Why Visa Earnings Continue to Impress Investors

Visa Inc. (NYSE: V) reported its fiscal fourth-quarter financial results before the markets opened on Wednesday. The company said that it had $0.90 in earnings per share (EPS) on $4.86 ...
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Is It Time to Divorce Your Bank?

Since the turn of the 21st century, about 15% of marriages have ended in divorce. If you opened a new checking account in 2000 when you got married, you have ...
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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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