HSBC results cast pall over Europe stocks

2019-10-28

Downbeat results from bank HSBC Holdings cast a pall over European stocks on Monday, as equities on the continent retreated from multi-month highs. After finishing Friday at its highest level since January 29, 2018, the Stoxx Europe 600 SXXP, -0.11% declined 0.13% to 397.48. The German DAX DAX, +0.24%  roseRead More →

Mortgages? Big banks may be throwing in the towel

2019-04-28

Courtesy Everett Collection Mortgages aren’t looking wonderful to the nation’s largest banks. You can kiss George Bailey’s mortgage market goodbye. As the small-town banker in Frank Capra’s “It’s a Wonderful Life,” Bailey epitomized an old-fashioned world in which bankers know every borrower personally. In the mortgage market of 2019, borrowersRead More →