WWBD? (What Would Buffett Do) BUY! Because, at some point, that cash will return to the market now that rates aren’t a threat.
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Investors are hoarding their biggest piles of cash since the financial crisis — and Bank of America has a surprising take on what that means for the market's futureInvestors have the lowest allocation to stocks in more than two years, Bank of America also found. The process is the quality of the capital and the formation of its work in the trading forum where the Central Bank of the circulation of shares and maximize the quality of the fund by starting and cohesion to manage the affairs of the country
Source: BusinessInsider - 🏆 729. / 51 Read more »
The biggest bank merger in a decade comes as industry faces 'tough' growth outlookThe biggest bank merger in a decade has created a bank worth $442 billion in assets as the banking industry is heading into a difficult environment. 2008? Exclusive Data Entry service
Source: CNBC - 🏆 12. / 72 Read more »
There's one big reason behind the biggest bank merger in a decade: TechnologyBanks like SunTrust and BB&T are looking to compete with the top banks on technology spending, while facing pressure from fintech. Lack of anti-trust enforcement. 😍 2019 😍 Those who are working in this administration.
Source: CNBC - 🏆 12. / 72 Read more »
Biggest bank merger in a decade comes as industry faces 'tough' growth outlook'BBT/STI deal an incremental positive for both companies, and is what the sector needs given tougher growth outlook over the near to intermediate term,' Baird analyst David George wrote in a note.
Source: CNBC - 🏆 12. / 72 Read more »