JPMorgan profit plunges on coronavirus loan provisions
JPMorgan Chase & Co's quarterly profit slumped by more than two-thirds as the coronavirus pandemic and record low oil prices forced the largest U.S. bank to...
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.
China data lifts futures as JPMorgan, J&J kick off earnings
U.S. stock index futures gained 1% on Tuesday on better-than-expected trade data from China and signs some economies were preparing to ease lockdowns, even as the...
United States: FDIC Proposes Roadmap For Fintechs To Become Insured Banks
Lewis Brisbois Bisgaard Smith LLP (via Mondaq) Thomas Brooks and Jane Luxton Apr 4, 2020 The term “fintech” is used to describe the application of new...
Op-Ed: Overreliance on the Fed is compromising the future for millennials
More than any other group, millennials have had their futures compromised by the nation's perverse reliance on financialization and a focus on Wall Street, rather than...
Markets have not hit the 'absolute bottom' yet, says Mark Mobius
Veteran emerging markets investor Mark Mobius urged investors to keep cash on hand for buying opportunities.
SoftBank record loss estimate renews asset sale focus
SoftBank Group Corp's estimate it will post a record $13 billion full-year loss, dragged down by its spluttering $100 billion Vision Fund, has renewed attention on...
Asia shares hit one-month high on Chinese trade data, easing pandemic worries
Asian equities extended gains on Tuesday after China's trade data came in better than expected and as some nations tried to restart their economy by partly...
British clothing retailer Next reopens online business
British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday.
Oil rises on forecast U.S. output drop as coronavirus ravages demand
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by...
Julius Baer to postpone AGM, propose split dividend
Swiss wealth manager Julius Baer will propose splitting its 2019 dividend payment into two halves following a regulatory request, it said on Tuesday, postponing by a...
Renault sells its stake in Chinese joint venture to partner Dongfeng Motor
French carmaker Renault said on Tuesday it was selling out of its stake in a Chinese joint venture with Dongfeng Motor Corporation to Dongfeng, which Renault...
Administrators of NMC Health revamp company's board
The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company that brings in four new non-executive directors with international...
Delta absorbs order for 10 Airbus A350 jets cancelled by Latam: sources
Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jetliners from Latam Airlines Group ), two...
Asia shares jump on Chinese trade data, pandemic still a worry
Asian stocks extended gains on Tuesday after China's trade data came in better than expected and as some countries tried to restart their economy by partly...
Oil rises on bargain-hunting, hopes for stockpile purchases
Oil prices rose on Wednesday as investors looked for bargains after the previous session's slump and on hopes that consuming countries will look to fill their...