Sentences with phrase «banking giant bank»

The past 12 months have seen a range of patent applications focused on cryptocurrency or blockchain applications, including some from notable firms such as banking giant Bank of America and credit scoring giant FICO.

In 2013, it landed a deal to purchase 29 more banks from banking giant Bank of America.

Banking giant Bank of America announced earlier this week it has launched its new product, Digital Mortgage Experience, to guide clients through the mortgage process through its mobile banking and online platforms.

Not exact matches

No sooner had Brian Moynihan taken the helm of Bank of America at the start of 2010, than the giant lender suffered wave upon wave of giant, potentially fatal, losses on its stricken mortgage portfolio.

Last month alternative lender OnDeck announced a partnership in which JPMorgan Chase will use OnDeck's technology to underwrite credit to some of the giant bank's 4 million small business customers.

• Deutsche Bank, the German banking giant, said it plans to offer shares of its asset management business DWS between 32 euros ($ 39.30) and 33 euros ($ 40.64) apiece.

In December, JPMorgan Chase said it will use alternative lender OnDeck's credit - scoring technology, in an attempt to more quickly underwrite credit to some of the giant bank's 4 million small business customers.

Earlier on Tuesday, Dimon warned about further declines in trading revenue for the banking giant.

Naturally, his forecasts were derailed by a combination of a deluge in mortgage costs from the disastrous acquisition of Countrywide Financial, and years of extremely low rates that shrank the margins the bank earns on its giant loan portfolios.

Born to Dutch financial services giant ING Groep in 1997, ING Direct was a «virtual» bank, with no physical branches.

Solomon became second in command at the Wall Street giant last month, taking on the role of sole president and chief operating officer after Harvey Schwartz retired from the bank.

They feared they would be unable to compete at home and abroad with such international giants (at the time ING Groep was twice the size of Royal Bank of Canada), culminating in clumsy, thwarted bids to consolidate the sector in 1998.

In 2008, when the sub-prime mortgage crisis upended the multi-billion-dollar property valuation industry, Real Matters, a Markham, Ont. - based startup that provides property information to banks and insurance agencies, was in the unique position of being nimble in a market dominated by giants.

The investment banking giant's upgrade injects some more confidence into Valeant's reorganization plans, which the company announced Aug. 9, sending shares up 25 %, despite second - quarter earnings that missed Wall Street expectations.

Taking a page out of Bitcoin's playbook, the banking giant is exploring innovative ways to transact across borders without a bank account.

Since investment banking giant Lehman Brothers fell nine years ago this day, signaling the start of a time when six homes were foreclosed on every minute, global consumers have been spending a lot of time on Netflix and a nice bit of cash on video games.

If these technology giants did decide to move into finance, they would have a few major advantages over the banks: better data, a superior user experience and immense customer loyalty.

Financial institutions including the Royal Bank of Scotland and insurance giant Standard Life have announced plans to transfer some operations south of the border to ensure they remain part of British tax and currency systems.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

While automakers around the world covet Jeep for its strong growth and fat profits, Fiat Chrysler Automobiles NV sees potential for much more, banking on the rugged brand to vie with global giants like Toyota, Volkswagen and Ford.

A representative for Goldman Sachs told The Wall Street Journal on Monday that the banking giant is considering starting its own Bitcoin operation.

Goldman Sachs is likely the only banking giant with a Bitcoin analyst issuing price targets.

But the banking giant isn't ready to pick a side in the industry's raging debate over Bitcoin's future.

According to the Wall Street Journal citing people with knowledge of the matter, the banking giant is reportedly considering a new trading operation involving cryptocurrency thanks to increased interest in digital currencies.

The giant US bank announced first - quarter results Friday morning, beating estimates and posting earnings of $ 2.37 a share, well above analysts» expectations of $ 2.28.

The 222 stocks MSCI is planning to add to the emerging markets index include financial giants like Bank of China, China Merchants Bank, Guotai Junan and Ping An Insurance, according to a document on MSCI's website.

JPMorgan: The banking giant will report its quarterly earnings before the bell on Thursday.

The investment bank also says there's a «decent chance» the oil giant will start buying back stock from shareholders.

The Wall Street giant has named Samik Chandarana, an 18 - year veteran at the bank, as head of analytics and data science for the corporate and investment bank, a newly created position according to an internal memo seen by Business Insider.

The show poked fun at the tropes used to hide pregnancies in the «Christmas Attack Zone» episode in which Avery (Elizabeth Banks) holds giant potted plants and a ham with a top hat to hide her baby bump.

It looks terrible for the bank, and, as Warren said, it appears to her as though «a giant bank cheats the little guys, and the executives line their own pockets.»

Then, in 2013, Chinese banking giant CITIC Securities acquired CLSA, becoming the first Chinese brokerage to purchase a global financial institution, according to CLSA's website.

The Oracle of Omaha first got involved with the Charlotte - based banking giant back in 2011, when investors began questioning whether Bank of America could deal with legal fees and liabilities stemming from the subprime mortgage crisis.

Other attacks have targeted airports, banks, and oil giants in Russia and Ukraine.

Fitbit Pay, the wearable tech firm's answer to competitor giants like Apple Pay and Android Pay, will be available initially with one bank in Britain — fintech start - up Starling.

Sewing also confronts a decision on scaling back the investment bank — both Deutsche Bank's biggest source of revenue and a perennial laggard against U.S. giants — and winning over long - suffering shareholdbank — both Deutsche Bank's biggest source of revenue and a perennial laggard against U.S. giants — and winning over long - suffering shareholdBank's biggest source of revenue and a perennial laggard against U.S. giants — and winning over long - suffering shareholders.

Troubled banking giant Wells Fargo also rose 7.6 % while JPMorgan Chase climbed 4.6 %.

Global banking giant J.P. Morgan has forecast an average price of $ 70 a barrel in 2018 on the back of global economic growth boosting the demand for energy.

Similarly, some regulators and average citizens are losing patience with the largest banks, judging that the giants may just be irresponsible as a matter of character.

And at giant banks like Wells Fargo that seems to mean cheating as many customers, investors and employees as they possibly can.

The ransomware hit several European countries and corporations, including Ukraine's central bank and its capital's main airport; the Russian state - owned oil giant, Rosneft; the British advertising company WPP; the pharmaceutical giant Merck; and the shipping company A.P. Moller - Maersk.

With tax reform, the S&P 500 should close next year at 2,850, a healthy 10.4 percent gain from Monday's close, the Wall Street investment banking giant said in a look ahead released Tuesday.

Goldman recently hired Reinaldo Aguiar, a former senior software engineer at Google who focused on the tech giant's search ranking, to build out the bank's Marquee platform, Business Insider first reported.

Banks have to embrace technology and change their culture to be like startups, amid growing competition from tech giants, DBS CEO Piyush Gupta said.

A giant purple freight truck wound up in a snow bank on Monday morning across the street from the conference center, temporarily paralyzing the already slow - moving traffic.

Dimon, 58, revealed the illness in a letter to employees and shareholders in which he offered reassurances that it would be business as usual at the banking giant.

A likely increase in regulation on technology giants could spell trouble for their stocks, if history is any guide, according to Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch.

Investment banking giant Goldman Sachs (gs) has agreed to a list of «facts» in addition to paying $ 5.1 billion to settle a lawsuit related to its handling of mortgage - backed securities leading up to the 2007 financial crisis, the U.S. Department of Justice announced Monday.

That's what Wells Fargo CEO Tim Sloan is learning about the impact of the outrageous sales scandal that has tarnished the stellar reputation of the 165 - year - old banking giant.

One of our picks, financial - services giant Toronto - Dominion Bank (td)(better known in the U.S. as TD Bank) is up 12 % over that span (and 26 % for the year).