Nordic corporate bank SEB – which is headquartered in Swedish capital Stockholm – has been present in Latin America for 50 years. Officials serve Latin America and the Caribbean from a representative office in São Paulo, providing financing, advisory and other services for companies doing business in the region. To […]
Bank
FedEx earnings miss ‘the weakest set of results’ Deutsche Bank has seen in 20 years
FedEx (FDX) gave investors a stark announcement on how business conditions continue to weaken on Thursday, withdrawing its full-year guidance while CEO Raj Subramaniam warned that global volumes “significantly worsened” and are likely to decline even further. Wall Street noticed: FedEx stock fell more than 21% on Friday following the […]
A new report from Bank of America perfectly captures the current market
Last week, Yahoo Finance noted companies could “feel the economy weakening” despite economic data that suggested otherwise. This week, investors indicated much of the same. Bank of America Global Research’s Michael Hartnett publishes a closely-tracked weekly report on client fund flows for the firm, which offers a real-time indication on […]