pnc

Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...

Quote To Start The Day: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Source: Warren Buffett One Big Thing In Fintech: Successive hearings before the U.S. Senate and House of Representatives have focused national attention on...

Quote To Start The Day: “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” Source: Colin Powell One Big Thing In Fintech: Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or...

Quote To Start The Day: I respect faith, but doubt is what gets you an education. Source: Bruce Lee One Big Thing In Fintech: StockCharts, the web's leading technical analysis and financial charting platform for online retail investors, today announced that they have eclipsed 1.6 million users...

Quote To Start The Day: It’s possible to transcend anything that doesn’t kill you. Source: David Goggins One Big Thing In Fintech: The digitization of financial markets in Africa will continue to accelerate as local investors seek diversified access to higher-yield financial products....

Quote Of The Day: Let us always meet each other with a smile, for the smile is the beginning of love. - Mother Teresa Fintech Movers: So far, in 2020 (January to October), FinTechs have raised approximately $35.69 billion compared to the $37.07 billion raised in the same period in 2019. - MEDICI...

Quote Of The Day: There needs to be a sweet spot between the brand and your community. - Danny Cortenraede Fintech Movers: [W]e think that over the next five years, Bitcoin presents a multi trillion dollar opportunity. - ARK Invest M1 Finance closes on $45M Series C round. Deutsche to introduce...

Deutsche Bank is out with its report on PNC (NYSE: PNC), downgrading PNC from Buy to Hold. In a note to clients, Deutsche Bank writes, "PNC shares have outperformed the group by 500bps YTD and by 10% since we upgraded the stock in February 2010 (post the selloff from raising capital to repay TARP...

Citigroup has published a research report on U.S. Banks following 3Q results. In the report, Citigroup writes "While we continue to see downside to 2011 EPS estimates for the large cap banks, we expect bank stocks can outperform in near term as we see our banks either meeting or exceeding 3Q...

Deutsche Bank has posed some key questions currently facing banks: 1. With NII/NIMs being pressured by continued declines in interest rates, how will banks increase/maintain revenues? 2. After being net sellers of securities in 2Q, the largest US banks have been net buyers of securities so far in...