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Financeflux

JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt

JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5.361 billion from customers who can no longer pay their debt.…

July 19, 2025

Stocks Primed To Dip in Q3, Says Morgan Stanley’s Chief US Equity Strategist – Here’s How Far They Could Drop in the ‘Quarter of Risk’

Stocks could endure a manageable hiccup in the third quarter of the year, according to Mike Wilson, Morgan Stanley's chief…

July 18, 2025

The Banks Are Up Against the Digital Asset Industry in DC Policy Battle, and Crypto’s Been ‘Winning,’ Says Custodia Bank CEO

The CEO of Custodia Bank, a US financial institution specializing in cryptocurrencies, says passing crypto legislation in the US has…

July 18, 2025

US Dollar’s ‘Supremacy Premium’ To Erode Further if Fed Is Forced To Intervene in Bond Market, Says Global Macro Analyst at $15,000,000,000,000 Asset Administrator

Fidelity Investments' global macro director Jurrien Timmer says that the US dollar's global supremacy may erode further if one event…

July 18, 2025

Investor Dan Ives Says Microsoft and Nvidia To Hit $5,000,000,000,000 Market Cap in Months, Unveils Four Stocks Primed To Outperform

Dan Ives, the global head of technology research at Wedbush Securities, is predicting that two big-named tech stocks will hit…

July 18, 2025

Billion-Dollar Bank To Hand Out $510,000 To Settle Class Action Lawsuit Alleging Improper Charging of Overdraft Fees

A multi-billion-dollar bank is planning to shell out $510,000 to settle a class action lawsuit stemming from allegations that the…

July 17, 2025

Citigroup Looking To Issue Own Stablecoin and Offer Crypto Asset Custody Solutions, Says CEO Jane Fraser

The third-largest bank in the US is signaling intentions to enhance its digital asset capabilities and offerings. In an earnings…

July 17, 2025

Bank of America Says Several Stock Sectors Signal Prime Buying Opportunities Amid AI Boom

Bank of America’s chief investment officer views stock market dips and several sectors as prime buying opportunities, despite record market…

July 17, 2025

‘Markets Got It Wrong’ – Investor Dan Ives Says This Lagging Subsector Could Be the Biggest of the Year for Tech

Dan Ives, the global head of technology research at Wedbush Securities, says that one tech subsector is primed to have…

July 16, 2025

Citigroup Eyeing Stock Market Pullbacks, Says Earnings Expectations Are Set Up for Decent Acceleration

Banking giant Citi remains confident in the fundamental strength of the US stock market and says it’s prepared to take…

July 16, 2025