Shares of PacWest Bancorp are down 46% today after a report late yesterday that the company was considering strategic alternatives. The company responded with a press release that highlighted a sale process of its Lender Finance business that was already announced and said that it had been approached ‘by several potential partners and investors’ in
admin
Chatbots are computer programs that use artificial intelligence (AI) to simulate conversations with users, providing quick and efficient assistance. In the banking industry, chatbots have the potential to revolutionize the way customers interact with their financial institutions. Here are seven potential use cases of chatbots in banking: Customer service Chatbots are increasingly being used in the
On a recent evening in April, only three or four people browsed among the several gold jewellery booths in a plaza in Beijing’s high-end Wangfujing shopping district and all left without buying anything. “I’m just taking a look. I do not consider buying right now because prices are too high at the moment,” said one
Euro dips initially after ECB stepped down tightening pace with a 25bps rate hike today. But it then quickly recovers after ECB President Christine Lagarde firmly said in the press conference, “We are not pausing. That’s very clear… We know we have more ground to cover.” Overall though, Euro is on the weaker side today,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer (CEO) of Apple Tim Cook waves to people during the opening of the first Apple Inc. flagship store in Mumbai, India on April 18, 2023. Imtiyaz Shaikh | Anadolu Agency | Getty Images Apple is scheduled to report fiscal second-quarter results after
Share: Brent Crude Oil is under heavy pressure after recently rejecting key resistance levels, suggesting a resumption of the downtrend is likely, with next supports at $65.72 and $63.02, analysts at Credit Suisse report. Key resistance at $86.41/89.37 still expected to cap “With medium-term momentum still negative and short-term momentum crossing back into outright bearish
LONDON -Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the health of the US economy ahead of an expected Federal Reserve interest rate hike later in the day. Brent futures fell $1.99, or 2.6%, to $73.33 a barrel by 1225 GMT, while West Texas Intermediate crude
Share: GBP/USD is marching towards 1.2600 as a Fed rate-cycle pause would trim Fed-BoE policy divergence. US labor market conditions carry the potential of making inflation persistent. S&P500 futures are showing further losses in early Asia, indicating a risk-off mood. The GBP/USD pair is approaching the round-level resistance of 1.2600 in the early Tokyo session.
My VIP Discord: https://linktr.ee/tjrtrades
#forextrader #forextradingstrategies #forex #forextrading #southafricanforextraderslifestyle You Can’t Loose More Than $1 Using This Strategy 100% Effective | Eazy Forex ENJOY THE VIDEO ??? ?Exness is my Favorite Forex Broker of Choice right now with leverage option 1:2000 I can maximize profits for me and my students especially because of low spreads and maximum withdrawals. Visit
The USDCAD has seen the price move down to test key support near the convert 100 and 200 hour moving average at 1.3587. Below that is a swing level near 1.35825. The low price reached 1.3581 just below those levels, but has bounced back higher. Sellers could not extend below that target level with any
The Federal Reserve raise rates by 25 basis points as per expectations to 5.00% to 5.25% (although there were plenty who thought otherwise as well). The rate is now at the target terminal rate from the last Fed Dot plot from March. During the May FOMC press conference, Federal Reserve chair Jerome Powell highlighted the
Dollar remains weak in early US session, despite strong ADP job data, seeing only modest gains the Australian and Canadian Dollars. However, the selloff remains contained, even against strong Yen and Swiss Franc. Traders are evidently holding their bets as they await FOMC rate decision. A 25bps hike to 5.00-5.25% is widely anticipated, and it
Hiring at private companies unexpectedly swelled in April, countering expectations for a cooling job market ahead, payroll processing firm ADP reported Wednesday. Private payrolls rose by 296,000 for the month, above the downwardly revised 142,000 the previous month and well ahead of the Dow Jones estimate for 133,000. The gain was the highest monthly increase
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Cristiano Amon, president and CEO of Qualcomm, speaks during the Milken Institute Global Conference on May 2, 2022, in Beverly Hills, Calif. Patrick T. Fallon | AFP | Getty Images Qualcomm reported second-quarter earnings on Wednesday that were in line with analyst expectations but saw
Gold prices rallied Rs 670 to Rs 60,750 per 10 grams in the national capital on Wednesday amid strong global cues, according to HDFC Securities. The precious metal had finished at Rs 60,080 per 10 grams in the previous trade. Silver also zoomed Rs 1,150 to Rs 76,100 per kg. “Spot gold prices in the
Bitcoin (BTC) miners have profited roughly 37% from mining Bitcoin since its inception, new data reveals. Calculations from on-chain analytics firm Glassnode suggest that since 2010, fees and block reward subsidies have netted miners over $50 billion. Bitcoin miner revenue passes $50 billion mark Amid an ongoing debate over miner costs and susceptibility to Bitcoin price
Share: Crude oil has weakened significantly in the last two weeks. Economists at Rabobank expect Brent Oil to test the $70 mark. Second half of 2023 will witness crude oil prices in the $90s “Declining diesel crack spreads as fears of a wider economic slowdown materialize has led us to caution that Brent will test