banking

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Recent fintech innovations have caused a rise in trademark numbers registered by various financial companies in the UK. In 2016, the sector had reported registering a little over 4,000 trademarks. There is increasing competition among established fi..

Merrill Lynch fined $45 million for failure to report transactions

Merrill Lynch fined $45 million for failure to report transactions

The Financial Conduct Authority (FCA) has fined Bank of America (NYSE: BAC) Merrill Lynch £34.5 million ($45.5 million) for failure to report its transactions.The FCA said the bank had failed to report exchanged traded derivative tra..

Jefferies Raises Nvidia Price Target

Jefferies Raises Nvidia Price Target

Nvidia Corporation (NASDAQ: NVDA) get another bullish call from one wall street bank due to the company’s new artificial intelligence chips.Jefferies analyst Mark Lipacis raised his target price for the chip maker from $180 to $230 per share, ..

JPMorgan Introduces New Mobile Account App

JPMorgan Introduces New Mobile Account App

On Monday, JPMorgan Chase & Co.(NYSE: JPM) launched a new smartphone app to introduce their first offering of online bank accounts hoping to attract new depositors. This app is called Finn and users will be able to use their phone to open a bank..

Blackstone Tops on Third-Quarter Earnings

Blackstone Tops on Third-Quarter Earnings

On Thursday, Blackstone (NYSE:BX), which is one of the world’s leading investment firms, announced its financial results for the third quarter of 2017, with earnings and revenue both beating estimates.According to the company, for the third qu..

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported third-quarter revenue and earnings that easily topped analysts’ estimates.The investment bank said third-quarter net income increased 2 percent to $2.13 billion, or $5.02 per share, compa..

European Shares Strengthen, Thanks to Political Developments

European Shares Strengthen, Thanks to Political Developments

Markets in Europe have opened to a positive news with the investors 'seemingly' more confident about the future. The reason behind the shares strengthening early in the week is that some favorable developments have been happening in the UK, ..