Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.
Warren Buffett's Berkshire Hathaway has pared key bets such as Apple and spent little on stocks, boosting its cash pile to ...
Mint2h
Investment firm Aethon explores options for $10 billion US natgas assets, sources say
Aethon is working with investment bankers at Goldman Sachs and Citigroup to evaluate its options, the sources said, adding any transaction would likely happen in 2025. The upstream assets of Aethon, ...
Domestic Systemically Important Banks (D-SIBs) — Why are these banks “Too Big To Fail”?
The Reserve Bank of India (RBI) on Wednesday retained the State Bank of India, HDFC Bank and ICICI Bank as Domestic ...
Morningstar10h
11 bank stocks trading at low valuations, even after Trump bump
Here they are, sorted by ascending price/tangible book ratio: Bank Ticker City Price/ tangible book Forward P/E Dividend yield Citigroup Inc. C New York 0.8 9.9 3.21% Valley National Bancorp VLY ...
bovnews13h
Alight Inc (ALIT) Reported a 3.69% Operating Margin Last Year—What’s the Real Story?
Earlier, on January 5, 2024, Citigroup had resumed the stock to Buy, setting a price target of $12. Canaccord Genuity also initiated Buy rating with a price target of $12. Additionally, UBS initiated ...
Citigroup CEO says it's `game on' for M&A in the U.S. post election
Citigroup CEO Jane Fraser sees a surge in M&A activity post-Trump win, with clients eager to make deals and capitalize on ...
JD Supra16h
Southern District of New York Rules Lawsuit Seeking to Hold Banks Liable for Environmental Harm from Mining Must Be Brought in Brazil
On September 30, 2024, the U.S. District Court for the Southern District of New York ruled that related lawsuits seeking to hold multiple global ...
Bloomberg L.P.17h
Citigroup CEO Fraser Says It’s ‘Game On’ for Deals in the US
Citigroup Inc. Chief Executive Officer Jane Fraser said that clients who’d been waiting on the sidelines to do deals are ...
S&P 500 Rally Hits a Wall as Treasury Yields Spike: Markets Wrap
A rally that drove stocks to a series of all-time highs ran out of steam, with Wall Street traders awaiting key inflation ...
bovnews18h
Bunge Global SA (BG)’s Stock Surge: What You Need to Know
On Monday, Bunge Global SA (BG) stock saw a modest uptick, ending the day at $87.75 which represents a slight increase of $0.63 or 0.72% from the prior close of $87.12. The stock opened at $87.41 and ...
Three Banks That May Be Positioned For Profit
The company has a Momentum Grade of C, based on its Momentum Score of 49. This means that the stock’s momentum is average in ...
American Banker21h
Trump's victory sets stage for potential changes at the Fed, CFPB
President-elect Donald Trump beat banker predictions to surpass Vice President Kamala Harris on his way back to the White House, leaving many surprised but hopeful for a relaxed regulatory environment ...