US9029733048 - Common Stock - After market: 48.86 0 (0%)
Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business of Italy's top-flight soccer league, two people with knowledge of the matter said on Friday. The two people said Goldman Sachs had come forward in October, but news of its interest emerged only after Reuters reported on Thursday rival U.S. bank JPMorgan had offered up to 1 billion euros ($1.1 billion) in financing to Serie A. Bloomberg first reported news of Goldman's interest.
JPMorgan has written to Italy's top soccer league to express a preliminary interest in supporting the development of Serie A's media business, three people close to the matter said. The sources said the 20 clubs which comprise Serie A were informed of the interest by the U.S. bank at a closed-door meeting of their top executives on Thursday. JPMorgan is expected to be able to provide between 700 million and 1 billion euros in bank financing, one of the people said speaking on condition of anonymity because discussions are not public.
Markets bounced back from early declines.
Let's have a look at the top S&P500 gainers and losers one hour before the close of the markets of today's session.
These are the stocks posting the largest moves midday.
Let's have a look at the top S&P500 gainers and losers in the middle of the day of today's session.
By Rachael Green, Benzinga
U.S. Bancorp (USB) stock gained 1.2% in Wednesday premarket trading after it posted better-than-expected Q4 2022 earnings and guided for revenue exceeding the Wall Street...
U.S. Bancorp press release (USB): Q4 Non-GAAP EPS of $1.20 beats by $0.06.Revenue of $6.37B (+12.1% Y/Y) misses by $240M.• Net revenue of $6,368 million including $4,325 million of...
Berkshire Hathaway's investment portfolio is home to two amazing deals with yields of up to 4.9%, as well as a high-yielding stock with mounting red flags.
The US bank says Charlie Javice’s Frank is a fraud; protests force Machu Picchu and a Glencore copper mine to close; Morgan Stanley cuts CEO James Gorman’s pay by 10pc; Andy Murray knocked out of Open. Follow the latest here;
The Oracle of Omaha has a hidden $5.9 billion portfolio that's heavily concentrated in a handful of well-known stocks.
Either by choice or by force, we could see a top US bank replace its CEO this year. Here's why each big-bank executive could be on their way out.
The Wall Street titan's move into the market is likely to put it head to head with established sector heavyweights such as Ares Management Corp and Apollo Global Management. The largest U.S. bank by assets is also prepared to make many more billions of dollars available if it sees the opportunity to deploy additional capital, according to Bloomberg Law, which had first reported the news. JPMorgan declined to comment on the report.
The US Bank Business Altitude Connect card will arrive in February 2023, and it comes with travel benefits like airport lounge access and rideshare/taxi credits.
In an effort to expedite the homebuying process for customers in the U.S., Bank of Montreal (BMO) said Tuesday it has fully digitized residential mortgage refinancing in partnership...
The sixth-largest US bank's loan trends and credit reserves will also be in focus when it reports Q4 results early Wednesday.
Bank regulators should also develop “credible mechanisms” to compel divestitures at large banks, when it is necessary to reduce their size and complexity, said Michael Hsu, the acting comptroller of the currency, in a speech at the Brookings Institution. The OCC’s escalation framework includes four levels to compel banks to fix issues, starting with a non-public supervisory finding and intensifying to an enforcement action and eventually a growth restriction if the regulator finds that deficiencies have still not been addressed, Hsu said. If a growth restriction is not effective, regulators would then consider “breaking up the bank,” or forcing the firm to sell off business lines or assets, he said.
The U.S. Office of the Comptroller of the Currency (OCC) is weighing how it might provide more transparency into the escalation framework it uses to address supervisory concerns and deficiencies at large banks, the acting head of the regulator said on Tuesday.
/PRNewswire/ -- Investor lawyers at the Rosca Scarlato law firm are investigating alleged securities violations, corporate misconduct, and misrepresentations,...
The ASX lifted on Monday, reaching almost two weeks in the green, as big banks in the US posted earnings that exceeded analyst expectations.
Competition for cash is mounting as depositors seek higher-yielding alternatives.
Even as Buffett's company Berkshire Hathaway has ventured into other sectors, it has always invested in banks.
These are the stocks posting the largest moves in midday trading.
Wall Street's main indexes dipped on Friday as remarks from major U.S. bank executives deepened concerns about the Federal Reserve's monetary tightening slowing economic growth, while Tesla slumped on news of price cuts. JPMorgan Chase & Co fell 1.2% as it set aside $1.4 billion in anticipation of a mild recession, even after beating quarterly profit estimates.
Wall Street's main indexes were poised to open lower on Friday as remarks from major U.S. bank executives deepened concerns about the Federal Reserve's monetary tightening impacting economic growth, while Tesla slumped on news of price cuts. JPMorgan Chase & Co set aside $1.4 billion in anticipation of a mild recession, even as it reported a better-than-expected quarterly profit.