Tuesday, 14 January 2020

This could be biggest year for bank mergers since the late 90s

Faced with low interest rates and intense competition for consumer deposits and loans from financial giants JPMorgan Chase, Bank of America, Goldman Sachs and other Wall Street titans, regional banks may rush to merge this year to keep pace with larger rivals.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
This could be biggest year for bank mergers since the late 90s
Faced with low interest rates and intense competition for consumer deposits and loans from financial giants JPMorgan Chase, Bank of America, Goldman Sachs and other Wall Street titans, regional banks may rush to merge this year to keep pace with larger rivals. Read more »
 
Americans' wine consumption dropped for the first time in 25 years
Perhaps the Kathie Lee Gifford's retirement is having a more detrimental effect than previously thought: Wine is falling out favor with Americans. Read more »
 
Delta is flying high as rivals suffer from the 737 Max crisis
Delta Air Lines is the only major US carrier without a 737 Max in its fleet. And that just helped it to post very strong fourth quarter and full-year profits. Read more »
 
Wells Fargo's rough quarter sours new CEO's earnings debut
Low interest rates are hurting banks' bottom lines, and Wells Fargo is no exception. That led the bank's new CEO to a rough start in his first earnings report Tuesday. Read more »
 
Nissan says it's not splitting up with Renault
Nissan is dismissing reports that it is engineering a corporate divorce from Renault. Read more »
 
JPMorgan Chase CEO Jamie Dimon says US consumers remain strong
The American consumer is alive and well, according to JPMorgan Chase CEO Jamie Dimon. Read more »
 
 
 
 
Dow Nasdaq S&P
+32.62   -22.60   -4.98
28,939.67   9,251.33   3,283.15
+0.11%   -0.24%   -0.15%
YTD +1.41%   YTD +3.11%   YTD +1.62%
 
Biggest Winners
Perrigo Company PLC +12.60%
 
Incyte Corp +5.67%
 
Apache Corp +4.94%
 
McKesson Corp +4.89%
Biggest Losers
Boston Scientific Corp -6.18%
 
Wells Fargo & Co -5.39%
 
Martin Marietta Materials Inc -4.19%
 
Align Technology Inc -3.51%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $58.14 -0.09 / -0.15%
Gold $1,546.90 +2.30 / +0.15%
10-yr 1.82% -0.03
Euro $1.11 -0.00 / -0.09%
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
® © 2016 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303
 
                                                 






This email was sent to adsbimasakti.bhinnekanews@blogger.com
why did I get this?    unsubscribe from this list    update subscription preferences
Cable News Network, Inc. · Attention: Privacy Policy Coordinator · One CNN Center, 13 North · Atlanta, GA 30303 · USA