Loyalty, premium will make up 80% of revenue
A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024. …
Financials
Bullish on DLF, L&T, Maruti Suzuki and RIL from Indian equities: Jonathan Garner
“Japan is a very strong story and it trades only about fourteen-and-a-half times one year forward PE,” says Jonathan Garner, Morgan Stanley.So, are you saying we should expect only, let …
World’s largest hedge funds record bumper year of profits
Signage for Citadel Investment Group LLC hangs outside their office in Chicago, Illinois, U.S. Bloomberg | Getty Images The world’s top hedge funds raked in record profits last year amid …
What to expect from Wells Fargo earnings Friday — and the banking sector in 2024
This year is shaping up to be a better time for bank stocks than in 2023. But, investors shouldn’t get too excited ahead of earnings season. Club name Wells Fargo …
UK and Switzerland to sign post-Brexit financial services deal
The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. and …
Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast
DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting …
Credit card losses rising at fastest pace since Great Financial Crisis
Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according …
Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run
A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs. Reuters The financial sector is making a comeback, and it looks to …
Citi debuts deposit and trade services on blockchains for institutional clients
Citi’s bank branch in the central business district of Singapore on Feb. 12, 2018. Ore Huiying | Bloomberg | Getty Images Citi is upgrading some of its services for institutional …
Nifty: How to trade Nifty ahead of monthly expiry? Kunal Shah does some chart reading
NEW DELHI: If Nifty fails to sustain above 19250, it’s likely to experience a significant downward movement, says Kunal Shah, Senior Technical & Derivatives Analyst at LKP Securities. “This potential …