U.S. lenders appear to present a bigger risk to the financial system than last year. Citigroup (NYSE:C), BofA (NYSE:BAC) and Wells Fargo (NYSE:WFC) all face higher capital surcharges after they rose in the Financial Stability […]
Global dividends fell at the fastest pace since mid-2015 in Q3 as American dividend growth slowed to a post-crisis low. According to the Henderson global dividend index, U.S. payouts fell to $100.4B, down 7% on […]
China and Russia will push for a free-trade area in the Asia-Pacific region, China’s foreign ministry said after leaders of the two nations met Saturday during the APEC summit in Peru. The call for free […]
Citigroup has moved up on the Group of 20 Financial Stability Board’s list of globally systemically important banks, joining JPMorgan Chase in the top tier, where banks face a 2.5% capital surcharge in addition to […]
More than 11,000 ride-sharing cars in Minneapolis and Los Angeles feature Vugo’s targeted advertising and real-time deals displayed on tablets affixed to the backs of the vehicles’ front seats. Vugo Mobile Media employs Tripintent technology, […]
Instagram is following in the footsteps of Snapchat and Twitter by adding live video and fleeting messages to its features. The disappearing nature of both additions “create[s] a pressure-free space,” for users to share moments […]
Alibaba plans to launch four new global data centers, as it steps up its competition against Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) in the rapidly-growing cloud computing market. The centers will be located in Dubai, Japan, […]
Google has introduced Click-to-Message advertising across the world, giving marketers the option to add buttons under their ads that consumers can click to automatically send text messages to brands. Sixty-five percent of consumers indicate that […]
Insurers are becoming more receptive to investing in exchange-traded funds as alternatives to other equity products. Insurers are poised to double their ETF investments over the next five years, according to S&P Dow Jones Indices. […]
Hedge funds using cloud technology to store data off-site might be more secure than those using in-office servers. However, cyberattack concerns have resulted in industry reluctance, and much of this initial outsourcing is for less […]
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