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Wall Street | April 07, 2020
U.S. stocks are set to push higher at the open Tuesday, continuing Monday’s strong gains, on tentative signs the spread of coronavirus is slowing as well as talk of more funds to support the battered economy. At 7:00 AM ET (1100 GMT), futures for the S&P 500 traded 89 points, or 3.4%, higher, futures for the Nasdaq up 251 points, or 3.1%. The Dow futures contract rose 817 points, or 3.6%. Wall Street closed firmly higher Monday, with all three major cash indices up over 7%, the best se...
finextra | April 03, 2020
Nationwide has halted plans to enter the business banking market and returned £50 million in RBS bail out money to the Banking Competition Remedies Board. Last May Nationwide was awarded a £50 million grant from the RBS bailout fund to help it move into business banking, matching its own £50 million commitment. The building society also picked 10x Future Technologies, the fintech start up founded by former Barclays boss Antony Jenkins, to help build the tech platform for the ne...
Fidelity | August 26, 2020
The Fidelity Index UK Gilt and Fidelity Index Sterling Corporate Bond funds will aim to provide investors with a low-cost passive fixed income solution, with ongoing charge figures of 10 and 12 basis points respectively. The Gilt fund will track the FTSE Actuaries UK Gilts index and the corporate bond offering will follow the iBoxx GBP Liquid Corporates Large Cap index. Head of wholesale John Clougherty said the extension of Fidelity's UK-domiciled index funds range to nine "reaffirms o...
Flaist | November 02, 2020
The fintech startup, Flaist, has delivered another examination instrument controlled by the Flaist Digital Experience stage that permits monetary associations to more readily comprehend the settings of their customers' aims and feelings.
This is the first fintech stage that permits banks and money related gatherings to foresee future customer conduct and adjust their reactions to customers utilizing investigation.
The author and CEO of Flaist, Krish Gopalan, say...
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