Bank of America Corp. and JPMorgan Chase & Co. were the winning bidders on $900 million of New York Metropolitan Transportation Authority debt to finance subway, bus and commuter-rail capital projects.
Given Citigroup’s recent trading, investors aren’t yet ready to buy the hope.
The world’s largest gold exchange-traded fund is seeing withdrawals after a ferocious run.
Social Capital Hedosophia is seeking to raise $500 million for its newest blank-check company, according to people with knowledge of the matter.
The bank has also decided to slash the interest rate that currently applies on the savings account from 2.5 per cent annual equivalent rate (AER) to 0.25 per cent from November 13th.
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, dropped to 1.97% a year on Tuesday (Sept 15).
Both candidates offer starkly different plans if elected president. Expect continued deficits for both.
Indian shares closed higher on Tuesday after data showed annual retail inflation eased more than expected in August, while small- and mid-cap stocks extended gains from the previous session.
In the financial world, liquidity is cited constantly but rarely explained. It’s a term used in different ways depending whether the subject is economics, markets or banks. Regardless of which context, an old market adage often rings true: Liquidity is a coward that disappears at the first sign of trouble.
The sportswear company’s shares have surged more than 18% in 2020, and analyst price targets are rising to keep pace with the stock ahead of the sportswear giant’s earnings report next week.