Banking investment

St James Place (STJ) stock price slowly forms a dangerous pattern
December 07, 2023 10:00 PM AEDT| By InvezzSt James Place (LON: STJ) share price has been in a strong downtrend in the past two years as concerns about the company continued. After soaring to a record high of 1,585p in January 2022, the stock has dropped by over 56% to today’s 684p. The share...

Sei Labs introduces EVM support to boost developer activity
November 30, 2023 02:40 AM AEDT| By InvezzLayer1 network Sei revealed plans to add support for the Ethereum Virtual Machine in its upcoming v2 upgrade. That comes as the project continued to attract developers due to its speed. Meanwhile, the lack of EVM support challenged devs. The upgrade...

Apple has reportedly proposed to end partnership with Goldman Sachs
November 29, 2023 11:43 AM AEDT| By InvezzApple Inc (NASDAQ: AAPL) is in focus in extended hours after it reportedly proposed to end its high-profile partnership with Goldman Sachs Group Inc (NYSE: GS). Goldman Sachs handles the Apple Card Anonymous sources told CNBC today that the tech tita...

Forget Shiba Inu: This AI meme token is poised for substantial rallies
November 18, 2023 04:38 PM AEDT| By InvezzIndeed, Shiba Inu (SHIB) was among the top-performing digital coins in 2021. The dog-themed crypto capitalized on the broad market bullish rally to skyrocket to all-time highs. Nonetheless, SHIB has lost more than 90% since the ATHs. While some playe...

BlackRock to spearhead solid XRP rally – Forbes
October 18, 2023 09:11 PM AEDT| By InvezzRipple’s XRP grapples with the $0.5 resistance despite recent Bitcoin-led surges. Nonetheless, the latest Forbes report shows that altcoin might explode to the upside this month, citing institutional forces from BlackRock and JPMorgan. BlackRock, JPM...

Metacade lines up exciting product portfolio, partnerships ahead of mainnet in October
October 15, 2023 04:10 AM AEDT| By InvezzThe P2E platform, Metacade (MCADE), is once more living up to the promise it gave as the project launched. The project’s mainnet launches at the end of October and is expected to open a plethora of new developments. The project team has lined u...

Morgan Stanley will officially launch an AI assistant for financial advisors today
September 19, 2023 12:57 AM AEST| By InvezzMorgan Stanley (NYSE: MS) will reportedly launch an artificial intelligence-powered assistant for financial advisors on Monday. Morgan Stanley is beating peers in the AI race The multinational investment bank had first revealed plans of such an assis...

Citi announces biggest reorganisation since global financial crisis
September 14, 2023 12:56 AM AEST| By InvezzCitigroup Inc (NYSE: C) is in focus this morning after announcing a corporate organisation that it expects will improve accountability and expedite decision making. Citi is dividing into five business lines The multinational investment bank will now...

This $41 billion hedge fund is short Lloyds share price
September 14, 2023 12:30 AM AEST| By InvezzLloyds (LON: LLOY) share price drifted upwards on Wednesday even as concerns about the UK banking industry rose. The shares rose to a high of 42.91p, higher than this week’s low of 40.80p. Viking Global shorts Lloyds Lloyds Bank stock rose slig...

FDIC proposes new rules for regional banks to better prepare for a potential collapse
August 30, 2023 03:13 AM AEST| By InvezzU.S. regional banks are in focus today after the FDIC proposed new rules that require them to be better prepared for their potential collapse. FDIC board member discussed proposed rules on CNBC For one, the Federal Deposit Insurance Corporation wants...

AviLease to buy a ‘very high-quality’ aviation finance unit of Standard Chartered
August 30, 2023 01:24 AM AEST| By InvezzStandard Chartered PLC (LON: STAN) has decided to unload its global aviation finance leasing business to AviLease for a total consideration of about $3.6 billion. Details of the Standard Chartered – AviLease agreement AviLease or Aircraft Leasi...

Goldman Sachs has decided to sell its Personal Financial Management unit
August 29, 2023 06:37 AM AEST| By InvezzGoldman Sachs Group Inc (NYSE: GS) inched up 1.0% on Monday after revealing plans of offloading its Personal Financial Management business to Creative Planning. Goldman Sachs to restore focus on ultra-rich clientele What the Kansas-based financial ad...

Futu Holdings stock price forecast: a good speculative buy
August 29, 2023 02:29 AM AEST| By InvezzFutu Holdings (NASDAQ: FUTU) stock price made a strong bullish breakout on Monday as investors reacted to the company’s earnings. Chinese authorities also launched a new wave of measures to support the floundering the economy. The shares jumped...

Wells Fargo to pay $35 million in a civil penalty
August 26, 2023 03:05 AM AEST| By InvezzWells Fargo & Co (NYSE: WFC) has returned a total of $40 million to 10,945 of its customers who were overcharged for investment advice, as per the Securities & Exchange Commission. Wells Fargo is paying to settle the SEC charges On Friday, th...

Aviva share price: A good dividend stock, buy if this happens
August 24, 2023 06:33 PM AEST| By InvezzAviva (LON: AV) share price has wavered in the past few weeks as investors reflect on the company’s strong financial results. The shares retreated to a low of 363p this month, down by ~15% from the highest level this year. Aviva strong performance Av...

Charles Schwab stock is ‘attractive’ after the recent pullback – analyst says
August 24, 2023 03:10 AM AEST| By InvezzThe recent pullback in Charles Schwab Corporation (NYSE: SCHW) is an opportunity to build a position in a quality name at a discount, as per a Deutsche Bank analyst. Charles Schwab stock is attractive risk/reward The brokerage firm was hit this week...

AMTD stock price went parabolic: Here’s why HKD could slip 20%
August 23, 2023 06:05 PM AEST| By InvezzThe AMTD Digital (HKD) stock price popped on Tuesday after the company announced a new share repurchase program. The shares jumped by more than 40% and reached a high of $8.50, the highest level since April this year. It then retreated and ended the...

Goldman Sachs stock price outlook: Rating downgrade
August 22, 2023 02:14 AM AEST| By InvezzGoldman Sachs (NYSE: GS) stock price sell-off gained steam after a number of important news about the beleaguered company. The shares plunged to a low of $320, the lowest level since July 11th. It has slipped by over 11% from the highest level this m...

Fintech stock Adyen crashed 40% on Thursday: here’s why
August 18, 2023 02:31 AM AEST| By InvezzAdyen NV (AMS: ADYEN) was hit quite hard this morning after recording lacklustre performance for the first six months of 2023. Adyen CFO still sounded positive The payments company ended the first half with €777 million in revenue ($844.5 milli...

HSBC share price is plunging amid China real estate exposure risks
August 17, 2023 07:55 PM AEST| By InvezzHSBC (LON: HSBA) share price has nosedived in the past few days as investors assess its exposure to China and Hong Kong. The stock peaked at 657p on August 1st and has now pulled back by 10% to 591p. China exposure HSBC is a unique banking grou...