(TFC) – Analyzing Truist Finl’s Short Interest
Truist Finl’s (NYSE:TFC) short percent of float has fallen 4.0% since its last report. The company recently reported that it has 35.03 million shares sold short, which is 2.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.92 days to cover their short positions on […]
SEC Charges Florida Resident with Operating $35 Million Ponzi Scheme that Targeted Church Members
The Securities and Exchange Commission today charged Brent Seaman of Naples, Florida, and various entities he managed for fraudulently raising approximately $35 million from at least 60 investors through an unregistered securities offering. Many of these…Read More
Justice Dept. to Investigate Memphis Police for Civil Rights Abuses
The department will examine allegations of pervasive problems with excessive force and unlawful stops of Black residents that were amplified by the fatal beating of Tyre Nichols.Read More
Soft Landing Optimism Is Everywhere. That’s Happened Before.
People are often sure that the economy is going to settle down gently right before it plunges into recession, a reason for caution and humility.Read More
Recession Odds Just Got Longer
GDP grew in the second quarter and, despite Fed rate rises, it is poised to keep growing.Read More
How AbbVie’s Humira Still Reigns, Despite New Competition
Revenue for blockbuster arthritis drug declined in the second quarter, largely due to discounts for middlemen.Read More
Shell’s Shrinking Profit Still Fills Investors’ Pockets
Earnings at Europe’s biggest oil company fell 56% in its latest quarter. Energy prices would need to halve to potentially stem the flow of payouts.Read More
This Week in Fintech: TFT Bi-Weekly News Roundup 27/07
Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday 27 July 2023. Partnerships GoCardless, the bank payments company, has agreed a four-year deal to become the official payments partner for Swim England, with plans to extend offers and benefits to affiliated groups and individuals including swimming clubs, swim schools and trainers. GoCardless will also […]
Behind the Idea: Beyon Cyber
The development of technology over the years has raised the risk of digital systems falling prey to cyber criminals. As a result, more and more organisations are turning to security experts for safeguarding from the growing threats. Beyon Cyber is a private cyber defence operation in the Kingdom of Bahrain with a complete cyber security […]
American Fintech Council Launches Compliance and Education Initiative: AFC Learning
The American Fintech Council (AFC), the industry association representing responsible fintech companies, has launched a new compliance and education initiative ‘AFC Learning’ in collaboration with professional services firm, FORVIS. FORVIS and the American Fintech Council plan to offer educational opportunities to strengthen fintech compliance programs, provide tools and resources to financial institutions engaging with innovative […]
