The financial news frequently emphasizes stocks with heavy insider selling, premised on the assumption that insiders believe the stock is overpriced and that they are taking profits ahead of retail investors. However, most of the time, these sales are part of a previously disclosed plan and disclosed to the SEC months in advance. This […]
After years of economic headwinds, China is making a comeback, with the government’s newly announced stimulus measures igniting a significant rally across Chinese equities. Among the sectors benefiting from this momentum are electric vehicle (EV) automakers, which have surged in the wake of this economic boost. Following the stimulus announcement, designed to revive the sluggish […]
Equities delivered another winning week, but it wasn’t without its challenges. The latest readings on consumer and producer inflation were slightly above expectations, which has changed expectations for future rate cuts, as the Federal Reserve will likely take a more measured approach. Investors were also considering the higher-than-expected number of jobless claims for the week. […]
Global Finance presents its 31st annual list of best banks worldwide. Banks face an uphill battle as supply chains remain disrupted, regional conflicts continue to build, and the fear of bank failure returns. Despite this, select financial institutions have threaded the needle and delivered stellar performances to their clients and shareholders over the past year. […]
Home Awards Winner Insights Growing Through Innovation: Q&A With QNB Group CEO Abdulla Mubarak Al-Khalifa QNB Group CEO Abdulla Mubarak Al-Khalifa discusses innovation and sustainability with Global Finance. Global Finance: QNB Group had solid returns in 2023. How did the organization achieve this? Abdulla Mubarak Al-Khalifa: In 2023, QNB Group delivered robust net profit of […]
Javier Rodríguez Soler, global head of Sustainability and Corporate & Investment Banking (CIB) at BBVA, speaks to Global Finance about the bank’s strong year and how it is maintaining momentum. Global Finance: How did BBVA’s corporate banking business achieve such a strong year? Javier Rodríguez Soler: Indeed, BBVA Corporate & Investment Banking had a great […]
Mal Cullen, CEO of CIBC Mellon, speaks to Global Finance about changes within the sub-custody space. Global Finance: How does CIBC Mellon distinguish itself from the competition? Mal Cullen: At CIBC Mellon, we pride ourselves on a relentless focus on client service, innovative technology and operational excellence. Our unique position as a Canadian leader backed […]
I don’t know about you, but I use artificial intelligence (AI) all the time. ChatGPT has become my right-hand man. It gives me advice (really – and good advice too), it helps me make decisions, it gives me exercise workouts and recipes; it proofreads what I write, it helps me write titles, it even helps […]
Note: the rates mentioned in this article have disappeared. Please see our up-to-date article on the Chase saver for the latest rates. Chase customers have seen the rate on their easy-access savings account plummet after the bank – a MoneyWeek Readers’ Choice favourite – dropped rates on 8 August, following the Bank of England base […]
Global house prices have shrugged off a succession of crises and bounced back stronger, says The Economist. True, real prices are down 5.6% from post-pandemic peaks amid higher interest rates, but that drop is much lower than many predicted. And prices are now rising rapidly again. The roots of today’s cross-country housing “supercycle” lie in […]