HSBC to Hire 50 Bankers to Serve Startups Via Venture Lending
https://www.zacks.com/stock/news/2239491/hsbc-to-hire-50-bankers-to-serve-startups-via-venture-lending?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2239491
Mar 12, 2024 - HSBC announces plans to hire 50 bankers to expand offerings and serve startups through venture lending. This strategic initiative will boost its market penetration to gain long-term business.
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Goldman (GS) Eyes Private Credit Portfolio Expansion to $300B
https://www.zacks.com/stock/news/2240928/goldman-gs-eyes-private-credit-portfolio-expansion-to-300b?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2240928
Mar 14, 2024 - Goldman's (GS) asset management arm plans to expand its private-credit portfolio to $300 billion by 2029 from the present $130 billion.
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WRB or CINF: Which P&C Insurer Should You Buy Now?
https://www.zacks.com/stock/news/2240958/wrb-or-cinf-which-p-c-insurer-should-you-buy-now?cid=CS-ZC-FT-analyst_blog|comparison_of_stocks-2240958
Mar 14, 2024 - Let's see how W.R. Berkley (WRB) and Cincinnati Financial Corporation (CINF) fare in terms of some of the key metrics.
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HSBC Closes Sale of Canada Business to Royal Bank of Canada
https://www.zacks.com/stock/news/2248422/hsbc-closes-sale-of-canada-business-to-royal-bank-of-canada?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2248422
Apr 01, 2024 - HSBC completes the sale of its retail banking business in Canada. The deal will lead to a gain on sale of $4.9 billion in the first quarter of 2024. The company also plans to announce a special dividend.
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Making the Case for Bank Stocks
https://www.zacks.com/commentary/2251517/making-the-case-for-bank-stocks?cid=CS-ZC-FT-earnings_preview-2251517
Apr 05, 2024 - At a time when the S&P 500 index is at or near its record level, the Finance sector's discounted valuation has to be one of the most attractive investment spots in the market. Next Friday, the big banks will really get the earnings cycle going.
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Banks Compete for FX Hedging Business of Australia Pensions
https://www.zacks.com/stock/news/2252164/banks-compete-for-fx-hedging-business-of-australia-pensions?cid=CS-ZC-FT-analyst_blog|industry_focus-2252164
Apr 08, 2024 - Bank of America (BAC), Goldman Sachs (GS) and Citigroup Inc. (C) are competing to win Australian pension funds' overseas investment hedging business.
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Arch Capital (ACGL) Unit to Expand in Middle-Market P&C Segment
https://www.zacks.com/stock/news/2252116/arch-capital-acgl-unit-to-expand-in-middle-market-p-c-segment?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2252116
Apr 08, 2024 - Arch Capital (ACGL) unit, Arch Insurance North America, sets sights on expansion, acquiring Allianz's U.S. MidCorp and Entertainment insurance businesses for $450 million cash.
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Top Research Reports for SAP, Verizon Communications & Lowe's
https://www.zacks.com/commentary/2251994/top-research-reports-for-sap-verizon-communications-lowe-s?cid=CS-ZC-FT-research_daily-2251994
Apr 08, 2024 - Today's Research Daily features new research reports on 16 major stocks, including SAP SE (SAP), Verizon Communications Inc. (VZ) and Lowe's Companies, Inc. (LOW).
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Brian's Big Idea on Earnings
https://www.zacks.com/stock/news/2253415/brian-s-big-idea-on-earnings?cid=CS-ZC-FT-video_blog-2253415
Apr 10, 2024 - A look at three financial stocks set to report on Friday and Surprise Trader.
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Citigroup (C) Q1 Earnings Beat Estimates, Revenues Decline Y/Y
https://www.zacks.com/stock/news/2254699/citigroup-c-q1-earnings-beat-estimates-revenues-decline-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2254699
Apr 12, 2024 - Increases in Services and Banking segments' revenues support Citigroup's (C) Q1 earnings. However, a rise in expenses and a deteriorating loan book are near-term headwinds.
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