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Latest News on private equity markets

The move to free stock trading led to a big jump in new accounts for Charles Schwab

Charles Schwab added 142,000 new brokerage accounts in October, a 7% jump from October of last year and up 31% since September.

6 years ago

Walmart posts strong results ahead of holidays, earns praise from Trump

Walmart Inc posted strong results on Thursday as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries, earning praise from U.S. President Donald Trump.



6 years ago

Here are the biggest analyst calls of the day: Apple, Verizon, Beyond Meat, & more

Here are the biggest calls on Wall Street on Thursday

6 years ago

Release: Canadian securities regulators sign Fintech co-operative agreement with the MAS

Canadian Securities Administrators | Nov 12, 2019 Montreal and Singapore - Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Monetary Authority of Singapore (MAS). The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. The agreement extends the

6 years ago

Banks have lost a quarter of the payments franchise to new players – BIS

Finextra | Nov 6, 2019 Non-banks now account for a quarter of the institutions offering payment services or payment instruments, up from 14% in only six years, according to a fresh batch of statistics from the Bank for International Settlements. The data comes from the Basle-based BIS's annual Red Book report on payments and financial

6 years ago

Strong healthcare costs help to lift U.S. producer inflation

U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve's stance that it will probably not cut interest rates again in the near term.



6 years ago

Facebook signs lease for office space in Hudson Yards

Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards, according to a statement by the luxury and commercial real estate development on Thursday.



6 years ago

Here's what every major analyst expects from Nvidia's earnings report after the bell

Wall Street analysts predict what will happen with Nvidia's earnings report after the bell on Thursday.

6 years ago

Tesla sedans regain recommended status in Consumer Reports survey

Tesla Inc's Model 3 and S sedans both regained "recommended" status in Consumer Reports magazine's annual reliability survey, allowing the electric carmaker's overall standing to rise slightly.



6 years ago

U.S. fines former Deutsche Bank subprime chief over alleged mortgage fraud

A former head of subprime trading at Deutsche Bank AG will pay a $500,000 civil fine to resolve charges he misled investors about the quality of loans backing $1.42 billion of residential mortgage-backed securities (RMBS) issued before the 2008 financial crisis.



6 years ago

World stocks, yields fall as China slowdown deepens

World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the impact of the U.S.-China trade war on global growth.



6 years ago

Wall Street drops as Cisco's dour outlook weighs

U.S. stocks slipped on Thursday, weighed down by technology shares after Cisco's dour forecast raised worries of a global economic slowdown and overshadowed strong results from big box retailer Walmart.



6 years ago

Singapore Fintech Week: Data, technology and policy coordination – BIS Speech

BIS | Agustín Carstens | Nov 14, 2019 Keynote speech by Mr Agustín Carstens, General Manager of the BIS, at the 55th SEACEN Governors' Conference and High-level Seminar on "Data and technology: embracing innovation", Singapore, 14 November 2019. Introduction It is a great honour to address this distinguished audience today. We meet against the backdrop

6 years ago

Here are the states whose residents are the best at managing their money

Some states with lower median incomes have better credit scores than those with high household income, a new report says.

6 years ago

Oil mixed on U.S. crude stocks build, OPEC shale growth comments

Oil was mixed on Thursday as a build in U.S. crude inventories weighed on prices, while comments from the Organization of the Petroleum Exporting Countries about lower-than-expected U.S. shale production in 2020 limited declines.



6 years ago