While most financial institutions remained skeptical about bitcoin and digital currencies at large and focused on its underlying technology, blockchain, Visa, Inc. (V) embraced the idea of a digital currency and blockchain
Wealthfront names former banking regulators Sheila Bair and Thomas Curry to fintech’s advisory group
The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.
Borrowers looking to use Fed’s Main Street lending program run into dead end
Steven Mnuchin’s decision not to extend funding for the Federal Reserve’s Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
Merrill to pay $26 million to New Hampshire, former NH Governor to settle churning allegations
It is the largest monetary sanction in the Bureau’s history and the second largest FINRA settlement in at least a decade.
BlackRock takes equities to overweight for 2021, sees powerful restart to the economy
BlackRock raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines.
JPMorgan sends policy recommendations to Biden team on ways to prevent more Covid-related misery
Failing to agree on another Covid relief stimulus bill will lead to unnecessary suffering as the pandemic deepens, according to a JPMorgan brief.
Wealthfront names former banking regulators Sheila Bair and Thomas Curry to fintech’s advisory group
The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.
Stocks making the biggest moves in the premarket: Stitch Fix, Tesla, Palantir, Coupa Software & more
The stocks making the biggest moves in premarket trading include Stitch Fix, Tesla, Palantir, Coupa Software, and more.
Borrowers looking to use Fed’s Main Street lending program run into dead end
Steven Mnuchin’s decision not to extend funding for the Federal Reserve’s Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
Market sentiment is at dot-com-bubble euphoria levels due to vaccine optimism, investor Peter Boockvar warns
Bleakley Advisory Group’s Peter Boockvar said he believes market bullishness is at dangerous levels.