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Latest news and interesting information about bank.
CIBC announces leadership restructuring
CIBC announces senior leadership restructuring, including new appointments for Susan Rimmer, Eric Belanger, and Amy South.
Europe less able than US to contain crypto-bank shocks, UniCredit director says
UniCredit director says Europe is less able than US to contain crypto-bank shocks due to different deposit protection rules.
Omnicom Stock Gets Neutral Rating from Rothschild
Rothschild Redburn initiates Omnicom with neutral rating and $89 target. Execution risks, dividend yield, and recent earnings. Bond.az analysis.
Lagarde: Fed independence still under threat
ECB President Lagarde warns that Fed independence remains under threat and needs public support.
Jefferies Initiates Compass Gas at Buy with 38% Upside
Jefferies initiates Compass Gas with a buy rating and 38% upside potential. The Brazilian gas market reform supports the bullish outlook.
UBS Downgrades Verra Mobility on Avis Loss
UBS downgrades Verra Mobility after Avis contract termination, slashing price target to $4. Stock down 71% in a week.
Foreign Investors Buy Japanese Stocks for 8th Week
Foreign investors buy Japanese stocks for eighth week amid AI rally and Nvidia demand. Bond.az reports.
Fed’s Jefferson: Focus on inflation as labour market resilient
Fed Vice Chair Jefferson says U.S. labour market resilience allows focus on returning inflation to 2% target, comments first since new chair sworn in.
Fed's Goolsbee warns AI hype may fuel inflation
Fed's Goolsbee warns AI hype and oil shock could exacerbate inflationary impulse, requiring higher interest rates.
Panama passes strict law on multinationals | Bond.az
Panama passes law requiring multinationals to have real local operations or pay 15% tax on passive income.
South Korea Holds Rates, Alert to Inflation
Bank of Korea holds rates at 2.5% as inflation risks mount, raises growth and inflation forecasts.
AST SpaceMobile President Sells $3.28M in Stock
AST SpaceMobile President Scott Wisniewski sells $3.28 million in stock. Details on the sale, stock performance, and market outlook.
Bolsonaro Meets Rubio, Vance in Washington
Brazilian presidential candidate Flavio Bolsonaro meets US Vice President Vance and Secretary Rubio in Washington, discussing crime, rare earths, and free speech amid a political scandal.
Wells Fargo CEO sees mid-teens growth in IB, trading
Wells Fargo CEO Charlie Scharf expects mid-teens growth in investment banking and trading revenue in Q2, with low double-digit growth in wealth management.
New exam scam on social media: How fraudsters trick parents
New exam scam on social media targeting students and parents. Fraudsters promise score increases. Expert warning.
BofA CEO Sees 15% Jump in Q2 Trading Revenue
Bank of America CEO Brian Moynihan forecasts a 15% rise in Q2 trading revenue. Investment banking and wealth management also show growth.
SME loan demand stays resilient
Funding Circle CEO Lisa Jacobs highlights resilient SME loan demand and AI focus despite credit market volatility.
$180M Allocated for Baku Metro Expansion
AIIB allocates $180M for Baku Metro expansion. 10 new stations to be built.
Israel stocks lower; TA 35 down 0.16%
Israel stocks closed lower on Wednesday with the TA 35 down 0.16%, led by losses in oil & gas, biomed, and banking sectors.
Sri Lanka Rate Hike Risks IMF-Backed Recovery
Sri Lanka's surprise interest rate hike by 100 basis points risks choking off the IMF-backed recovery amid soaring energy costs and external pressures.
AZCON forms unified management model
Shahin Babayev, Executive Director of AZCON Holding, discusses the unified management model, agile financing, achievements in transport and digital transformation.
Jahangir Asgarov Buys All New Premium Bank Shares
Jahangir Asgarov buys all new Premium Bank shares, raising his stake to 86.25% as bank capital reaches 174.6 million manat.
Banks' loan interest income hits 1.45 bn manat
In Jan-Apr 2024, Azerbaijani banks earned 1.45 bn manat in loan interest income, up 20.1% YoY. Loan portfolio reached 30.6 bn manat.
ECB Committed to 2% Inflation Target: Makhlouf
ECB's Makhlouf reaffirms commitment to 2% inflation target; market expects rate hike at next meeting.
Yen nears intervention zone
The yen weakens toward intervention zone; New Zealand dollar gains; U.S. dollar steady amid geopolitical risks.
Goldman Sachs: Inflation Pressures Intensify Across Asia-Pacific
Goldman Sachs reports rising inflation pressures across Asia-Pacific economies after the Iran war and Strait of Hormuz closure, with sharpest increases in lower-income nations.
AI chip stocks rise, Iran talks uncertain
AI chip stocks surge on demand, Iran talks remain uncertain. Micron joins $1 trillion club. U.S. stock market summary.
ECB Flags Hedge Fund Bond Leverage Risks
ECB warns hedge fund leverage in bond markets poses financial stability risks due to potential rapid unwinding and amplified volatility.
2026 S&P 500 and GDP growth forecasts
2026 S&P 500 targets and GDP growth forecasts from leading brokerages including Goldman Sachs, Morgan Stanley, and more.
Australian Banks Face Tough Times
Australian banks face challenges from mortgage slowdown, rate hikes, and tax changes, impacting their once-favored stocks.
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