Hybrid bonds, securities blending debt and equity characteristics, are gaining traction in the U.S. market, with issuance hitting a record $35.6 billion this year. A pivotal shift by Moody’s Ratings...
Citigroup Inc. C and Barclays PLC BCS have been fined for financial misconduct under the recommendation of South Korea’s financial watchdog. The nation’s Financial Supervisory Service (“FSS”) imposed...
The Goldman Sachs Group, Inc. GS stock looks attractive from its valuation perspective. The stock is trading at forward price/earnings (P/E) of 13.75X, a 3.1% discount compared with the industry average...
HSBC Holdings plc’s HSBC Australia unit, HSBC Bank Australia, has been sued by the Australian Securities and Investments Commission (“ASIC”) for failing to protect its customers from losing millions...
Barclays PLC BCS intends to accelerate growth in its Private Banking and Wealth Management segment by increasing its headcount and hiring up to 100 advisers. This was stated by Sasha Wiggins, CEO of Barclays...
Barclays PLC BCS has agreed to pay $19.5 million as settlement charges in a lawsuit filed by shareholders in Manhattan. The company was accused of securities fraud as it sold $17.7 billion debt above the...
Monday, December 2, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Toyota Motor Corp....
Citigroup, Inc. C is nearing spinning off its consumer, small business and middle-market banking operations in Mexico — Banco Nacional de México (“Banamex”). The news was reported by the Wall Street...
Over the past year, Tyler Technologies has consistently outperformed the broader market, reflecting strong confidence from Wall Street analysts in its growth prospects.
Ecolab has slightly underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.