BankThink Don’t underestimate the power of branches post-pandemic
American Banker Dave Martin Jun 4, 2020 I often find myself on the opposing side when I hear “this changes everything” after any technology advances or...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Intesa CEO says state-backed FCA loan crucial to protect Italy's economy
A 6.3 billion euro ($7 billion) state-backed loan for Fiat Chrysler (FCA) financed by Intesa Sanpaolo is crucial to safeguard Italy's economy, the head of the...
Bank of America to pay $7.23 million for mutual fund overcharges: FINRA
Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.
ECB sends euro higher, stocks struggle with fatigue
World markets swung between hope and caution on Thursday as a another shot of European Central Bank stimulus was offset by still-troublesome U.S. data and general...
U.S. Labor secretary: Jobless rate can dip below 10% by year's end
The U.S. unemployment rate, which economists expect hit 19.8% in May, should be able to drop below 10% by the end of 2020 now that workers...
159 million stimulus checks have been sent. What to do if you still haven't received yours
The U.S. government has worked to get $1,200 checks into the hands of as many Americans as possible in the past couple of months. But there...
American Airlines soars on news it will boost U.S. flights in July
American Airlines Group Inc shares jumped by 25% after it said Thursday it will significantly boost its U.S. flight schedule next month after dramatic reductions caused...
U.S. jobless claims dip below 2 million, road to recovery rocky
The number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies...
LVMH propels Arnault scion to head up Tag Heuer watches
LVMH on Thursday said that Frederic Arnault, one of the younger sons of the luxury goods group's billionaire boss, would take over running watch brand Tag...
Fiat-Chrysler's state-backed loan crucial for Italy's economy-Intesa CEO says
A 6.3 billion euro ($7 billion) state-backed loan for Fiat Chrysler (FCA) , financed by Intesa Sanpaolo , is crucial in terms of safeguarding Italy's economy,...
EBay raises forecasts on online boom, shares hit record high
EBay Inc raised its current-quarter revenue and profit forecasts on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more through its online...
For U.S. economy, the bottom may be here, but the rebound is slow so far
The U.S. economy may have hit its low point in the coronavirus crash but the rebound so far remains tepid, according to both broad indexes of...
Tech stocks boost Nasdaq as recovery optimism prevails
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March...
HKEX says many U.S.-listed Chinese firms plan Hong Kong listings
Many U.S.-listed Chinese firms will likely list on the Hong Kong exchange this year, in part because of U.S. political pressure following China's new national security...
From jobs to finances, here's how veterans can recover and even thrive during the Covid-19 crisis
Americans are hurting from the economic fallout of coronavirus pandemic, and military veterans are no exception.