Tag: Commercial Banking

Barclays sees modest pressure after CEO quits over Epstein ties

Barclays shares saw modest pressure Monday after the U.K. bank announced its chief executive, Jes Staley, was departing after seeing a preliminary report by the U.K. regulator into his description of his ties with convicted sex felon Jeffrey Epstein. Barclays BARC, -1.24% shares lost 2%. Though the Financial Conduct Authority has yet to release or […]

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These healthcare stocks are winners in Biden’s social-spending plan, analyst says

President Joe Biden’s social-spending package still faces a long road to becoming reality, but analysts are flagging some winners in his $1.75 trillion plan. Proposed Obamacare-related spending in Biden’s proposal counts as good news for a number of healthcare stocks XLV, +0.97%, according to Brandon Barford, a partner at Beacon Policy Advisors. The president released […]

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Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There […]

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The Dow is on track for its best October in 6 years and third-quarter earnings are strong so far. What could go wrong?

A traditionally troublesome month is turning out to be anything but for the stock market…so far. Who would have thought, based on the way things ended last month, and the start to the first full week of October, that investors would be sitting pretty now. Certainly not Dennis Gartman. Yet, here we are. Look at […]

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Should energy’s ‘lonely rally’ in September worry the stock-market bulls?

U.S. stocks have been on a bumpy ride higher in 2021, but energy’s “lonely rally” in September isn’t a sign of the market peaking despite some investor jitters, according to analysts at JPMorgan Chase & Co. “Last month the energy sector rose over 9% in a declining market and was the only sector up in […]

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