Finance & banking news
Latest breaking stories, features and analysis
IG Group says its profit jumped over 100% in the fiscal first half
- IG Group says its profit jumped over 100% in the fiscal first half.
- The online trading company wants to acquire Tastytrade Inc.
- IG Group reports £416.9 million of net trading revenue in H1.
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Bank of America shares plunge as net interest income slumps in Q3
Bank of America (NYSE: BAC) shares have further selling pressure after a drop in Q3 net interest income and the current price stands around $24. When trading this stock, investors should have in mind that Bank of America is a stable bank with a good position on the market.
October 21, 2020
Intesa stock price advances higher on a green light to complete a $4bln UBI takeover
Shares of Intesa Sanpaolo S.p.A. (MIL: ISP) have gained around 4% in the past few days after receiving a green light from the Italian antitrust regulator to complete the UBI takeover. Intesa stock price is now closing in on a new 4-month high. Fundamental analysis: Intesa secures a green light …
July 20, 2020
Intesa stock price erases losses as the bank attempts to close UBI deal
Shares of Intesa Sanpaolo (BIT: ISP) have managed to recover and erase the morning gap lower by pushing higher in the afternoon to trade and close in the green. In the meantime, the banking giant has continued to work to close the deal to buy UBI Banca (BIT: UBI). Fundamental…
June 15, 2020
American Express stock price pops 3% as its Chinese JV gets final approval to launch
Shares of American Express (NYSE: AXP) gained 3% on Friday to partially offset losses from earlier in the week. The People’s Bank of China (PBOC) finally announced today it has approved a network clearing licence for the American Express joint venture. Fundamental analysis: American Express enters the biggest card…
June 13, 2020