Goldman Sachs's stock won't see meaningful gains until the Malaysian government investment fund scandal is resolved, according to Morgan Stanley, which downgraded its rival investment bank. » Read More
By: Thomas Franck
Shares of Navient sank more than 9 percent Tuesday after a report said that a government audit points to deceptive practices at the company that may have resulted in borrowers opting into higher-cost plans. » Read More
Brian Belski, BMO Capital Markets chief investment strategist, discusses his outlook for 2019 and why investors shouldn’t overlook financial stocks. » Read More
By: Kelly Olsen
Analysts say that the rising cost of borrowing and a weakening Chinese yuan could see more China companies fail to meet upcoming payments. » Read More
Warren Buffett always wants to buy great companies at fair prices, and his big bet on banks fits this strategy at a time when there are concerns about an overvalued stock market.
Wednesday's surge reverses a downward trend for the recent IPO company.
Indian Prime Minister Narendra Modi said that the pace and push of using technology in the financial sector should serve to improve the lives of the world's most marginalized people.
Ant Financial CEO Eric Jing says an initial public offering is a "certain development stage" and not the "ultimate goal" for the technology company.
Mike Wells, chief executive of Prudential, says the health insurance industry is going to move from insuring medical expenses to improving longevity.
David Hardoon of the Monetary Authority of Singapore says artificial intelligence needs to be "individualistic" to the organization, in order to "really achieve" its value.
Steve Pagliuca of Bain Capital says he is "selectively bullish" on India and it has "great investment" opportunities in the long term.
Mary Manning of Ellerston Capital says there are buying opportunities in the consumer and financial sectors in India.
Friday's plunge sends Yelp to a 52-week low and makes for the stock's worst day of trading since going public in 2012.
Jonathan Slone of CLSA says investors have "massive opportunities" in the Greater Bay Area because they have a much larger marketplace to "play" in compared to just the city of Hong Kong.
Patrick Winter of EY Asia-Pacific says the Greater Bay Area is "well on its way" to rivaling the likes of Tokyo, New York and San Francisco.
Ericson Chan, CEO of Ping An Technology, says the company's financial technology efforts are "just hitting a tipping point."
Erwin Sanft of E Fund Management says there are opportunities in the Chinese market, particularly in sectors like financials, technology, real estate and industrials.
Tai Hui of J.P. Morgan Asset Management says Chinese authorities are trying to find the balance in addressing long-term financial risks while facilitating short-term growth in the economy.
The losses push Apple into correction territory, more than 11 percent off its all-week high.
Apple locked in a strategy of boosting prices to offset slowing sales, but missed shipment estimates on iPhones, offered light guidance and announced major changes to its reporting structure.
Goldman Sachs's stock won't see meaningful gains until the Malaysian government investment fund scandal is resolved, according to Morgan Stanley, which downgraded its rival investment bank.
Alastair MacLeod of Wheelhouse Partners says there are "a lot of positives" going on in the U.S. economy but warns of the possibility of an "inflationary shock."
Shares of Deutsche Bank hit fresh record lows Tuesday after the bank confirmed it was involved in processing payments worth $150 billion for scandal-ridden Danske Bank.