Tag #Banking

Showing 205 to 216 of 274 results

theglobeandmail.com
🌐 85% Global Worthiness
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RBC Launches First Bank-Wide Generative AI Platform in Canada

Royal Bank of Canada (RBC) partnered with Cohere Inc. to create \"North for Banking\", a generative AI platform enhancing employee efficiency and addressing customer needs securely using RBC's internal infrastructure, a first for a Canadian bank.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Fed's Slower Rate Cut Pace Creates Attractive Yields for Savers

The Federal Reserve's December meeting minutes indicate a slower approach to interest rate cuts in 2025, resulting in attractive yields on bank CDs (4.1%-4.25%) and high-yield savings accounts (4.5%-4.75%) for savers, despite some banks preemptively lowering rates.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Wall Street's Tuesday Rating Changes: Buy Signals for AI, Banking, and Select Stocks

On Tuesday, Wall Street analysts issued numerous rating changes, including Loop's buy initiation for Penguin Solutions ($30 price target), Truist's buy ratings for Citigroup, Wells Fargo, and Bank of America, and Bank of America's downgrade of Tesla to neutral from buy, reflecting assessments of com...

Progress

0% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 65% Global Worthiness
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Spain's 2025 Housing Market: Rising Prices, Falling Mortgage Rates Create Buyer's Dilemma"

Bankinter forecasts a 5% rise in Spanish housing prices in 2025, especially in major cities and coastal areas, while HelpMyCash.com expects lower mortgage rates due to the ECB's potential rate reduction to 2%, leading to a strategic challenge for buyers.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Vanguard Agrees to FDIC Oversight of Bank Investments

Vanguard, managing nearly $9 trillion, reached a deal with the FDIC on December 27, 2024, to increase transparency and accountability regarding its passive investments in US banks exceeding 10 percent, addressing concerns about potential conflicts of interest and undue influence.

Progress

28% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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This is Money's Consumer Champion Recovers £1.44 Million for Readers in 2024

In 2024, This is Money's consumer champion, Helen Crane, recovered £1.44 million for readers, addressing issues with banks, energy firms, insurers, and parking companies, exposing systemic problems and advocating for better consumer protections.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Bank ETFs Suffer Longest Losing Streaks Since 2015; Quantum Stocks Plummet

CNBC reports that the SPDR S&P Regional Banking ETF (KRE) is down 14% from its November high, marking its longest seven-week losing streak since 2015, while the SPDR S&P Bank ETF (KBE) is experiencing its sixth consecutive weekly loss; furthermore, several quantum computing stocks experienced signif...

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canada's Political Uncertainty Hampers Business Confidence Amidst U.S. Pro-Growth Outlook

Political instability in Canada is creating uncertainty for businesses, contrasting with the clearer, pro-growth outlook in the U.S., despite potential tariff risks; Canada's upcoming election adds to the uncertainty, while the U.S. is experiencing decreased uncertainty post-election.

Progress

48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Barr Resigns as Fed's Top Bank Regulator

Federal Reserve Governor Michael Barr announced his resignation as vice chair for supervision on February 28th, 2024, to preempt potential conflicts with the incoming Trump administration and Senate Republicans who opposed his stricter banking regulations; Barr will remain a Fed governor.

Progress

60% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Tech Stocks Surge in Premarket Trading, While Chinese Stocks Decline

Premarket trading saw significant gains for several tech companies, including Synaptics (up 5.9% due to a Google partnership) and Nvidia (up 1.7%), while Chinese stocks underperformed (MCHI down 1.4%) and several others saw gains based on analyst upgrades.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
zeit.de
🌐 85% Global Worthiness
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Unicredit Denies Commerzbank Job Cut Claims

Unicredit denies Commerzbank labor union claims of 15,000 potential job losses following Unicredit's increased stake to around 28 percent, asserting that such claims lack foundation and are pure speculation.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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HSBC Stock Rises 32% YTD on Strong Q3 Results and Strategic Initiatives

HSBC's stock has gained 32% year-to-date, outpacing the S&P 500, driven by strong Q3 2024 results showing \$17 billion in revenue (up 5% YoY) from wealth products and trading activities, despite lower net interest income. The bank's cost-cutting measures, restructuring, and capital return program al...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 205 to 216 of 274 results