Financial basis

US Equities Suffer Worst Monthly Loss Since March 2020 | Financial market news

Investors are watching the global energy crisis, the debate over the US debt ceiling, and the US Federal Reserve’s plans to end some of its economic support linked to the pandemic, among other factors. Through Rita Nazareth and Kamaron LeachBloomberg Volatility continued to disrupt financial markets, with US stocks posting their biggest monthly decline since […]

Financial information

Senate confirms Biden’s consumer watchdog, sparking industry crackdown

Credit reporting firms, low dollar lenders, debt collectors and fintech startups are among the players that should be the subject of close scrutiny from Chopra’s CFPB, as well as the student loans and mortgage services sector. The agency under interim management over the past eight months has already taken some initial steps to address lenders’ […]

Financial transaction

Comparison of PayPal (NASDAQ: PYPL) to Competitors Reveals Pockets of Opportunity in FinTech Companies

This article was originally published on Simply Wall Street News PayPal Holdings, Inc. (NASDAQ: PYPL) Shareholders could be worried after seeing the share price drop 10% in the last quarter. But that doesn’t undermine the fantastic longer term performance (measured over five years). Indeed, the share price rose 540% during this period. Not only that, […]

Financial basis

European banks need regulatory reset to catch up with US rivals, Botin says

Banco Santander President Ana Patricia Botin at the bank’s headquarters in Boadilla del Monte, near Madrid, Spain, January 30, 2019. REUTERS / Sergio Perez / File Photo MADRID, September 30 (Reuters) – European banks need more aggressive regulation to enable them to improve their profitability and catch up with their peers in the United States, […]

Transaction tax

Pandemic salvage fuel outbreak as third quarter mergers and acquisitions break all records

File photo: Trader works in the trading room of Barclays Bank in Canary Wharf, London, UK, December 7, 2018. REUTERS / Simon Dawson / File Photo September 30, 2021 By Pamela Barbaglia and Anirban Sen London (Reuters) – Global mergers and acquisitions take third place as businesses and investors shape the post-COVID future with transformative […]

Financial transaction

Persistent Systems to acquire SCI, Shree Infosoft

Persistent will acquire 100% of these two companies for a cash payment of $ 53 million for SCI and $ 6.87 million for Shree’s US and Indian operations. Persistent Systems announced on Wednesday the acquisition of Software Corporation International (SCI) and its subsidiary Fusion360. Persistent also acquired New Jersey-based Shree Partners and its Indian subsidiary […]

Financial information

Report on United States Online Legal Services Market 2021 with LawAdvisor, LegalVision, LegalZoom, Priori Legal, Inc and Rocket Lawyer

DUBLIN, September 29, 2021 / PRNewswire / – The report “The US Online Legal Services Market: Size and Forecast with Impact Analysis of COVID-19 (2021-2025)” has been added to ResearchAndMarkets.com offer. Research and Markets logo The US online legal services market can be segmented on the basis of type, B2B legal services, B2C legal services […]

Financial basis

The effectiveness of the ECB’s euro liquidity lines

Silvia Albrizio, Ivan Kataryniuk, Luis Molina Sánchez, Jan Schaefer September 29, 2021 Central bank swap and repo lines have been used extensively over the past decade to provide liquidity in foreign exchange markets during times of distress (e.g. McCauley and Schenk 2020, Aizenman et al. 2021). During the Covid-19 pandemic, central bank coordination played a […]