 | | | | Stock-trading app Robinhood Markets Inc (HOOD.O) is giving its billionaire founders four more years to hit share price targets that trigger stock awards worth $1.4 billion, according to a regulatory filing and four executive compensation experts who reviewed it. | | | | | | Wells Fargo & Co (WFC.N) is shutting down all existing personal lines of credit and is not offering the consumer lending product anymore, CNBC reported on Thursday, citing letters from the bank. | | | | | | Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year's most successful plays - the so-called reflation trade that helped power shares of economically sensitive companies higher after nearly a decade of underperformance. | | | | | | Wells Fargo & Co (WFC.N) said on Thursday it appointed veteran Nipul Patel to lead real estate banking, effective July 15. | | | | | | Investors at some of the largest U.S. asset managers are holding fast to the view that bond yields will move higher in the second half of this year, despite the recent slide in Treasury yields, which they see as a temporary move. | | | | | | China's stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc (DIDI.N) soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said. | | | | | | Activist investment firm Driver Management, which specializes in pushing small banks to improve their financial returns, has found a new target and is now urging Codorus Valley Bankcorp Inc (CVLY.O) to consider letting itself be bought, two sources familiar with the matter said on Tuesday. | | | | | | Federal aid distributed as part of the CARES Act boosted U.S. households' ability to pay their bills after becoming unemployed, with lower-income households seeing the biggest gains, according to research from the Federal Reserve Bank of San Francisco released on Monday. | | | | | | Barclays (BARC.L) has appointed former UBS (UBSG.S) banker Evonne Tan as its head of private banking in Singapore, the British bank said on Tuesday, as it seeks to build upon its corporate and investment banking operations in Asia-Pacific to grab more business with the rich. | | | | | | The typical soldier in the army of retail traders upending Wall Street is a 31-year old who grabs their smartphone seven times a day to check the assets in their first-ever brokerage account, which may well hold a good chunk of cryptocurrencies in addition to stocks. | | | | | |
