banking

We’re back in the capital markets for this week’s Fintech Focus Podcast, and it’s a good one—perennial BZ Awards judge and partner at Marlin & Associates Michael Maxworthy joins us for an assessment of the state of fintech M&A. Maxworthy’s firm has advised a...

ClickSWITCH CEO Cale Johnston spoke to Benzinga about his company and the role its platform for transitioning banking customers from one account to another plays in the fintech sector. The Company Started in 2014, ClickSWITCH was created to solve the problem of switching account holders’...

Wedbush upgraded Fifth Third Bancorp (NASDAQ: FITB) and outlined its projections for the bank's growth potential in the wake of its acquisition of MB Financial (NASDAQ: MBFI). The Analyst Analyst Peter Winter upgraded Fifth Third from Neutral to Outperform and increased the price...

After hitting a low of $15.75 in April, Santander Consumer USA Holdings Inc (NYSE: SC) shares have staged a decent rebound. The bank stock was hit with a downgrade from JPMorgan Monday, witht he sell-side firm citing limited upside potential relative to its price target after the rally....

Goldman was previously a Barclays PLC (ADR) (NYSE: BCS) bear due to concerns about the capital building the company had to undergo to narrow the gap to its U.K. and EU investment banking peers and meet financial regulations. The firm's thesis on the UK banking giant changed Thursday. The...

Amazon.com, Inc. (NASDAQ: AMZN) is reportedly researching a bank account product for customers, The Wall Street Journal first reported. What Happened Amazon could be looking to partner with major Wall Street banks like JPMorgan Chase & Co. (NYSE: JPM) to offer its clients a "checking-...

Big banks began to report earnings in the week ended Jan. 12, and the financial earnings news flow continued into the week ended Jan. 19. A Muted Show The financial sector turned in 2.4-percent year-over-year revenue growth for the fourth quarter, the second lowest of all the eleven sectors,...

JPMorgan Chase & Co. (NYSE: JPM)'s relationship with General Electric Company (NYSE: GE) dates back to last century. According to a Bloomberg report, General Electric has been a client of JPMorgan for 125 years. Way back in 1892, JPMorgan, known as John Pierpont Morgan's Drexel Morgan & Co...

The Federal Reserve's final meeting of 2016 kicks off Tuesday, and many market observers believe an interest rate hike of at least 25 basis points is a sure thing. With that in mind, investors are heading to some predictable destinations in the exchange-traded funds landscape. Trend Plays Out...

Broadly speaking, political donors on Wall Street backed Democrat Hillary Clinton in this year's presidential election. Judging by the reaction to Republican Donald Trump's stunning upset, financial services stocks and the corresponding exchange-traded funds are comfortable with the idea of...