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.
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
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.
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
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...
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
MiCA Regulation Ushers in Stricter Oversight for European Cryptocurrency Market
The Markets in Crypto-Assets (MiCA) regulation, effective December 30, 2023, brings cryptocurrencies under stricter EU regulation, requiring operators to obtain licenses and increasing consumer protection; banks like CaixaBank, BBVA, and Banco Santander are preparing to offer crypto services.
MiCA Regulation Ushers in Stricter Oversight for European Cryptocurrency Market
The Markets in Crypto-Assets (MiCA) regulation, effective December 30, 2023, brings cryptocurrencies under stricter EU regulation, requiring operators to obtain licenses and increasing consumer protection; banks like CaixaBank, BBVA, and Banco Santander are preparing to offer crypto services.
Progress
40% Bias Score
Dutch Parliament Defies EU, Keeps Volksbank State-Owned
The Dutch Parliament voted to maintain Volksbank as a state-owned bank, defying the finance minister and potentially violating previous agreements with the European Commission requiring privatization after the 2013 financial crisis.
Dutch Parliament Defies EU, Keeps Volksbank State-Owned
The Dutch Parliament voted to maintain Volksbank as a state-owned bank, defying the finance minister and potentially violating previous agreements with the European Commission requiring privatization after the 2013 financial crisis.
Progress
44% Bias Score
Spain to Offer Free Instant Money Transfers Starting January 9th
Starting January 9th, 2024, most Spanish banks will offer free instant money transfers up to €100,000, complying with a new EU directive aiming to boost digital finance and unlock €200 billion daily held in delayed transfers, potentially generating €1.8 billion annually.
Spain to Offer Free Instant Money Transfers Starting January 9th
Starting January 9th, 2024, most Spanish banks will offer free instant money transfers up to €100,000, complying with a new EU directive aiming to boost digital finance and unlock €200 billion daily held in delayed transfers, potentially generating €1.8 billion annually.
Progress
28% Bias Score
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.
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
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.
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
Spanish Economists Criticize New Bank and Energy Taxes
Spain's General Council of Economists criticizes new taxes on banks and energy companies, starting in 2025, citing a lack of economic justification and concerns over legal uncertainty and the potential demonization of profitable businesses. The tax on energy companies may not even pass parliamentary...
Spanish Economists Criticize New Bank and Energy Taxes
Spain's General Council of Economists criticizes new taxes on banks and energy companies, starting in 2025, citing a lack of economic justification and concerns over legal uncertainty and the potential demonization of profitable businesses. The tax on energy companies may not even pass parliamentary...
Progress
52% Bias Score
Bank of America Predicts Significant Stock Upside for 2025
Bank of America analysts forecast significant stock price increases for Nvidia, Block, Cadence Design Systems, Chevron, and East West Bancorp in 2025, citing factors like macroeconomic improvements, robust capital positions, and rising AI investments.
Bank of America Predicts Significant Stock Upside for 2025
Bank of America analysts forecast significant stock price increases for Nvidia, Block, Cadence Design Systems, Chevron, and East West Bancorp in 2025, citing factors like macroeconomic improvements, robust capital positions, and rising AI investments.
Progress
48% Bias Score
CFPB Sues Major Banks Over $870 Million in Zelle Fraud Losses
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo, alleging they rushed the launch of Zelle, leading to over $870 million in user fraud losses since 2017 due to inadequate security measures.
CFPB Sues Major Banks Over $870 Million in Zelle Fraud Losses
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo, alleging they rushed the launch of Zelle, leading to over $870 million in user fraud losses since 2017 due to inadequate security measures.
Progress
48% Bias Score
UniCredit Boosts Commerzbank Stake, Faces German Opposition
UniCredit, an Italian bank, increased its stake in Commerzbank to roughly 28 percent, prompting opposition from the German government, which views the move as a hostile takeover attempt, while UniCredit maintains it is a mere investment.
UniCredit Boosts Commerzbank Stake, Faces German Opposition
UniCredit, an Italian bank, increased its stake in Commerzbank to roughly 28 percent, prompting opposition from the German government, which views the move as a hostile takeover attempt, while UniCredit maintains it is a mere investment.
Progress
48% Bias Score