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Tag: Integrated Banks
BioNTech upgraded to buy on high hopes for combined flu/COVID vaccine and oncology pipeline
Bank of America analysts upgraded BioNTech SE stock to buy from hold on Thursday, citing excitement about its mRNA technology and the outlook for a combined flu/COVID vaccine and oncology vaccines tha...
JPMorgan looks at ‘Armageddon scenario’ of Fed jacking rates up to 6.5%. Its conclusion may come as a surprise.
The market’s expectation is that the Federal Reserve will keep lifting its policy interest rate until it brings it to 5% before pausing for some time. But it’s possible that the Fed could decide that ...
‘We see major stock markets plunging 25%,’ says Deutsche Bank
A U.S. recession induced by central-bank efforts to curb inflation is likely to arrive by mid-2023 and trigger a sharp and “temporarily painful” decline in equities, according to Deutsche Bank researc...
Investors Have Lost Faith in Crypto Exchanges. JPMorgan Sees an Opportunity.
A string of crypto business failures has stranded millions of dollars in customer funds this year, underscoring the level of trust needed for groups that are custodians of digital assets. JPMorgan Cha...
Retail Discounter TJX Is Thriving as Inflation Pressures Consumers
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
The latest rally in stocks may be almost over, Bank of America warns
Investors hoping to squeeze some more gains out of the stock market’s latest bear-market bounce might be too late, according to a team of strategists at Bank of America. According to a Friday note sen...
German Family Office Lennertz Raises Third European Private-Equity Fund-of-Funds
Family office Lennertz & Co. is raising a new fund to take advantage of investment opportunities created by recent market volatility and depressed valuations. Lennertz, which was founded by former...
Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls
Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...
250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says
Benchmark U.S. Treasury bonds are facing their worst annual returns since 1788, but a big bounce is likely in the new year, along with a stock rout. That’s according to a team of strategists at Bank o...
Credit Suisse is about to unveil its restructuring plan. Here’s what to watch.
Besieged Swiss lender Credit Suisse has been racing to finalize asset sales to help pay for its much-anticipated strategic overhaul, set to be unveiled on Thursday. The pressure is on new CEO Ulrich K...
Tesla, Goldman Sachs, Netflix, AT&T, and Other Stocks for Investors to Watch This Week
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‘Growing wealth gap and rising inflation … hurt the global economy at almost every turn,’ Jamie Dimon says
What a difference 25 years can make. The world today is a markedly different place from the world that existed at MarketWatch’s inception in October 1997. JPMorgan Chase & Co. JPM, +1.66% CEO Jami...
Citigroup Reports Earnings Friday. What to Expect.
Wall Street will be looking for more signs of Citigroup turnaround when the bank posts third-quarter results Friday. Like all banks, Citigroup (ticker: C) has faced challenges this year as it has had ...
JPMorgan Report Earnings Today. What to Expect.
JPMorgan Chase will kick off the third-quarter profit-reporting for the big banks on Friday, and Wall Street is looking ahead to the numbers with tempered expectations. Speaking at a CNBC conference t...
Bank of America to Pay $1.84 Billion to Settle Last Major Mortgage-Crisis Suit
Bank of America closed the door on its last major litigation over mortgage bonds that were at the heart of the financial crisis of 2008. The Charlotte, N.C., bank said Friday it would pay $1.84 billio...
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an e...
Short positions are building in Credit Suisse, but it’s still not the European bank with the most bets against it.
Credit Suisse shares have dropped to record lows this week and derivatives bets against it have surged, but the Swiss lender is not even the most shorted European bank in Europe. Make no mistake, shor...
Treasury yields pull back sharply amid concerns over Credit Suisse
Treasury yields pulled back sharply on Monday as investors assessed worries over the financial health of a large European bank and a gauge on the U.S. manufacturing sector produced the weakest reading...
Credit Suisse: What’s going on, and why its stock is falling
Credit Suisse was trending for all the wrong reasons this weekend, as social media was in a frenzy debating whether one of the 30 global systemically important banks would collapse altogether. The ban...
Short U.S. stocks and short-term Treasurys until Halloween, Bank of America strategist says
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist advises. Michael Hartnett, chief investment strategist at Bank of America Securities, said he’s a tactical b...
This is the time when ‘accidents’ like Enron have happened — this JPMorgan quant says yields have peaked and prefers bonds over stocks
The old expression is when the tide goes out, you get to see who’s swimming naked. In financial markets, the tide is going out when central banks are raising interest rates and growth is slowing. That...
Senators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social agendas promoted by the same institutions, as chief executive officers of the co...
Jamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’” — Jamie Dimon JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping...
Buy shares of only the strongest companies to make money in 2023, including ‘the kings of cash flow,’ says this five-star fund manager
Depending on your perspective as an investor, 2022 has either been a perfect storm or a perfect opportunity. The Federal Reserve’s rapid increase in interest rates and other tightening moves to fight ...