Cash Reserves of S&P 500 Companies Hit 15-Year Low, Signaling Potential Shift in Dividends and Buybacks
Cash holdings among S&P 500 companies have dropped to 8.8% of total assets as of July, marking the lowest level...
Financial Crisis
Leading Economic Index Declines Further, Signaling Potential Recession Ahead
The Conference Board's Leading Economic Index (LEI) dropped by 0.6% in the past month, which was a larger decline than...
Nikkei 225 Experiences Historic Drop, Plummeting Over 4,400 Points and Surpassing 1987’s Black Monday
Japan's Nikkei stock index plummeted over 4,400 points, marking the largest single-day drop in its history and surpassing the decline...
UBS Sues Bank of America for $200 Million Over Mortgage Indemnification Dispute
UBS sued Bank of America for $200 million, claiming Bank of America refused to cover legal costs related to risky...
Geopolitical Uncertainty: Are Banks Prepared for the Next Financial Crisis?
Introduction: The global financial landscape is fraught with uncertainties, and prominent banking leaders are sounding the alarm bells. Their concerns...