Living on a council estate in East London, you gaze across at the iconic Canary Wharf tower from your bedroom window. Its pyramid roof gleams like gold as the sun bounces off it and you imagine yourself working there when you’re old enough, living the dream – driving a nice […]
financial
Robinhood to pay record $70M to settle range of allegations | Financial Markets News
Robinhood Financial will pay nearly $70m to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience. The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority […]
Inflation and distortion in the financial market
Asjadul Kibria | Published: August 28, 2021 21:42:15 In the second week of August, Bangladesh Bank issued a circular asking the banks not to pay or set interest rates on deposits below the inflation rate. This is a piece of unparalleled advice or direct intervention defying the market mechanism, […]
Here’s Why You Should Stay Away From Virtu Financial (VIRT)
August 31, 2021 4 min read This story originally appeared on Zacks Virtu Financial, Inc. VIRT has been under pressure this year so far as investors grew bearish on the stock due to reduced market volatility that has weighed on its trading volumes. In the past year, the company has […]
Financial Planners’ Advice for People Afraid to Invest in Stocks
The stock market went bananas in 2020 and before long it seemed like everyone was investing. But around 45% of Americans are still sitting on the sidelines. Some say it’s because they don’t have enough money to invest, which could be true for those living paycheck to paycheck. But still, […]
Axos Financial, inc (AX) Q4 2021 Earnings Call Transcript
Image source: The Motley Fool. Axos Financial, inc (NYSE: AX)Q4 2021 Earnings CallJul 29, 2021, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello and welcome to Axos Financial Q4 2021 Earnings Call and Webcast. At this time, all participants are in a listen-only mode. [Operator […]
Billionaire investor Mike Novogratz attacks Elizabeth Warren’s anti-crypto stance, saying DeFi is far more transparent than banks | Currency News | Financial and Business News
Mike Novogratz is one of the most high-profile bitcoin and crypto investors. John Lamparski/Getty Images Billionaire investor Mike Novogratz has criticized Senator Elizabeth Warren’s anti-crypto stance, saying decentralized finance, or DeFi, can be a progressive force that is more transparent for consumers than banks. Warren on Tuesday sent a letter […]
OceanFirst Financial (OCFC) Scheduled to Post Earnings on Thursday
OceanFirst Financial (NASDAQ:OCFC) is scheduled to be releasing its earnings data after the market closes on Thursday, July 29th. Analysts expect OceanFirst Financial to post earnings of $0.43 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link. OceanFirst […]
Community Heritage Financial, Inc. Reports Earnings for the Second Quarter of 2021
MIDDLETOWN, Md., July 19, 2021 /PRNewswire/ — Community Heritage Financial, Inc. (“the Company”) (OTC Pink: CMHF), the parent company for Middletown Valley Bank (“MVB” or the “Bank”) and Millennium Financial Group, Inc. (“Mlend”), announced today that for the period ending June 30, 2021 the Company earned year to date net […]
A new phase in the financial cycle
Jun 24th 2021 GROWING UP IS hard to do but growing old is harder. As the business cycle matures and ages, it goes through phases, just as people do. These are mirrored in financial markets. Strategists like to talk in terms of early-, mid- or late-cycle investing. It is tricky […]