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Operator Thank you. Welcome to the second quarter 2026 financial results conference call and webcast. [Operator Instructions] Please note this conference call is being recorded. An audio replay of the conference call will be available on the company’s website shortly after this call. I would now like to turn the conference over to Juliet Cunningham,…
Ask any wealth management firm what a new advisor recruit can expect in the first 90 days, and you’ll likely get a tidy answer that includes compliance training, licensing paperwork and an introduction to the team. Ask what happens after that in the age of AI, the answers get murky. Processing Content Day 91 once…
On buy side, equity index options tilted bullish in Q1 – Risk.net Skip to main content End of drawer navigation content Counterparty Radar: Share of notional in short positions hit new low for US life insurers; mutual funds also reported smaller short books As the year began, equity index options books at US funds and…
India’s forex reserves jumped by USD 10.512 billion to USD 692.866 billion during the week ended July 31, the RBI said on Friday. The overall kitty had jumped by USD 6.118 billion to USD 682.354 billion in the previous reporting week. Reserves had expanded to an all-time high of USD 728.494 billion…
Over the past five years, the Japanese yen has lost 30% of its value against the US dollar and nearly as much against the pound. The currency recently hit a 40-year low against the greenback. Now, powerful figures in global finance are drawing a line in the sand. Over the weekend, Japan’s Ministry of Finance…
The economy is beginning to inspire confidence again, but Americans are not convinced that confidence will arrive in their own wallets anytime soon. That disconnect sits at the center of a PYMNTS Intelligence report, “The Confidence Divide: Why Americans Trust the Economy More Than Their Paychecks.” Consumer sentiment improved in July as Americans grew more…
The US non-farm payrolls report pointed to an economy significantly worse than believed. The data showed the economy shedding 23K jobs in July, far worse than +80K expected and below any estimates in the survey of economists. Worse yet, the prior two reports were revised lower by a combined 103K jobs dropping the three-month average…
Klarna (NYSE: KLAR), the global digital bank and flexible payments specialist, has activated its inaugural integration with J.P. Morgan Payments in the United States. Merchants using the bank’s Commerce Platform can now present Klarna’s payment choices at checkout without actually developing a separate technical connection. Retailers spanning apparel, travel, health and wellness, and other categories gain…
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In recent trading, shares of Parker Hannifin Corp (Symbol: PH) have crossed above the average analyst 12-month target price of $313.50, changing hands for $315.18/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level….