I have been steadily increasing my exposure to smaller regional banks in the past few months as it looks like some of them have been punished hard for the expected fallout from the COVID-19 pandemic.
In a 13 October interview with Sky News, the mayor noted the signs were all indicating stricter measures on the way for the capital
Three trends will help lift returns ahead of tech’s over the next 10 years: the shift to renewable energy and electrification, the benefits of the falling cost of computing power, and higher levels of manufacturing automation.
The global economic crisis will not be quite as grim as feared this year, but GDP will still contract 4.4 percent and the ongoing pandemic means the outlook remains uncertain, the IMF said Tuesday.
One metric that will be of particular importance is Bank of America’s net interest margin.
Helena Viñes Fiestas, global head of stewardship and policy at BNP Paribas AM, explains why future funds will rely on the framework and the work the firm is doing on non-EU disclosures.
The International Monetary Fund on Tuesday (Oct 12) said forecasts for the global economy were “somewhat less dire” as wealthy countries and China rebounded more quickly than expected from coronavirus lockdowns but warned that the outlook was worsening for many emerging markets.
The bank has pledged to fully phase out coal financing by 2030 and is aiming to “at least halve” the climate impact of its lending activity by the end of the decade.
The US bank unveiled profits of $3.2bn for the third quarter of 2020, well ahead of the analyst consensus of $1.9bn, as provisions for losses related to the pandemic dropped to around $2.1bn
At least nine analysts began coverage on the company on Monday, with four rating it Buy or the equivalent and five rating it the equivalent of Hold.