Investment News

JPMorgan trims loan reserves on hopes for recovery

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(Reuters) – JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday as it released some of the cash it had built up against coronavirus-driven loan losses, although the bank cautioned that demand for loans was likely to remain sluggish this year.

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar

For most of last year, Main Street lenders were grappling with the economic fallout of the pandemic, setting aside tens of billions of dollars to cover potential

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What if you could clone your investment adviser and save money? Well, now you can

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Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte, Mark Rutte standing in front of a crowd posing for the camera


© AFP via Getty Images


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Can investment advisers be cloned?

That provocative possibility was raised late last year by research from Vanguard, the mutual fund company. They hypothesized that, in many cases, you could duplicate the return of your favorite manager by investing in one or more so-called factor ETFs, such as value, small-cap or momentum.

If so, replacing that manager with that basket of ETFs would be preferable, since by doing so you would gain “greater transparency, more risk control, and lower implementation costs,” per Vanguard.

It’s one thing to assert that this might

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Stocks to buy: 12 picks with at least 30% upside for 2021: Goldman Sachs

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  • Goldman Sachs equity analysts believe Europe’s digital economy is at a tipping point.
  • In a January 7 report, the analysts lay out five reasons why they believe Europe will move from laggard to leader in digital.
  • We list 12 key digital economy stocks picks that are set to benefit and have an upside of 30% or more.
  • Visit Business Insider’s homepage for more stories.

Goldman Sachs believes Europe’s digital economy is at a tipping point.

In a new research note released on January 7, Goldman Sachs equity analysts take a look at why Europe might soon move from a laggard

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Investment News

Bitcoin (BTC) GameStop (GME) Nio (NIO) Tesla (TSLA) Airbnb (ABNB): Investments

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Wild Ride

Photographer: Qilai Shen/Bloomberg

Is the Bitcoin juggernaut faltering? After hitting a record of almost $42,000 on Jan. 8, the digital currency tumbled to a low of around $30,000 just a few days later. While the coin has recovered, wild swings have left investors divided on whether this is a healthy correction or a sign of an impending collapse.

Believers point to increased institutional acceptance of the coin, its potential to join the likes of gold as an inflation hedge and just the sheer amount of money looking for somewhere to go in an era of

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Thousands of people use Roofstock to search, make an offer, and and buy rental properties. Here’s why.

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Billionaire Andrew Carnegie once said that 90% of millionaires got their wealth by investing in real estate. Today, amidst worries over a possible drawn-out recession and a world economy that seems to be hanging by a thread, real estate remains one of the best and safest investments.

Residential properties tend to generate income year-round because people will always need a place to live. Many businesses come and go, but one thing that usually remains in the market is housing. You can build a rental space that appreciates in value over time, then sell it when the time is right. Or

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Investment News

China’s major telcos in Hong Kong take a beating ahead of Trump’s investment ban

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  • The deletions will take effect by the market open on Monday, meaning the stocks will no longer be part of indexes that are tracked by trillions of global investment dollars.
  • It comes less than two weeks before the scheduled inauguration of President-elect Joe Biden.
  • MSCI and FTSE Russell’s deletions carry more significance for the Chinese telecom companies, since the three stocks rank among the 100 largest listed in Hong Kong by market capitalization, according to Wind Information data.
  • The Hong Kong shares are also far more actively traded than those listed in the U.S.



a person on a laptop: Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018.


© Provided by CNBC
Signs of

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Trump Administration to Mull Expansion of China Investment Ban -Sources | Investing News

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By Alexandra Alper, Humeyra Pamuk and Mike Stone

WASHINGTON (Reuters) -Trump administration officials are expected to discuss a proposed expansion of an executive order banning U.S. investment in alleged Chinese military companies at a Thursday afternoon meeting, according to two people familiar with the matter.

At the meeting, officials from the Defense, State and Treasury Departments will consider, among other things, proposed changes to the November directive, which has spurred confusion among investors and firms seeking to comply, five sources said.

One change that is likely to be discussed is a draft amendment that would direct U.S. investors to completely

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U.S. considering adding Alibaba, Tencent to China investment ban -sources

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WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.

Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.

Defense Department officials, who oversee the blacklist designations, have not yet finalized plans and are also discussing adding other Chinese firms to the

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Ascendis Pharma A/S Announces Equity Investment in VISEN Pharmaceuticals

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– Advances Vision 3×3 to extend global clinical and commercial reach –

COPENHAGEN, Denmark, Jan. 08, 2021 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company that utilizes its innovative TransCon™ technologies to create product candidates that address unmet medical needs, today announced an equity investment of $12.5 million in VISEN Pharmaceuticals (VISEN) as part of VISEN’s $150 million Series B financing.

“Our relationship with VISEN is a key element of our Vision 3×3 strategy to extend the global reach of our TransCon endocrinology rare disease product candidates and improve patients’ lives around the world,” said Jan

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The Analytics Of Infrastructure – Making Good Decisions On Our $3 Trillion Investment

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“We are prone to blame decision-makers for good decisions that worked out badly and to give them too little credit for successful moves that appear obvious only after the fact. There is a clear outcome bias.     Daniel Kahneman – Thinking, Fast and Slow

As Jeff Berns, the visionary founder of Nevada’s Innovation Park told me recently, investment in infrastructure is something that creates “the world we want to live in.” Just so, and because of that we need to create a better way to select and invest in

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