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Horizon Bank Appoints Stacey Stephens as Senior Commercial Loan Officer

Horizon Bank has appointed Stacey Stephens as Vice President and Senior Commercial Loan Officer, focusing on expanding market share in Southwest Michigan and North Central Indiana. With extensive banking experience and community involvement, she aims to enhance customer service and financial advice. Stephens holds a bachelor's degree in public administration and an MBA, and is actively engaged in local organizations, including the Lakeshore Rotary Club and the Berrien Community Foundation.
Moody on the Market
United States Dollar Horizon Bancorp, Inc. USA Bruce Piekarski Stacey Stephens
Finance & Economy, Press Release
00:24 04.12.2024

senate republicans outline two-step plan for trump's agenda

U.S. Senate Republicans are formulating a two-step strategy to advance President-elect Donald Trump's agenda upon assuming the majority next year. The plan prioritizes border security and energy initiatives before shifting focus to tax cuts.
reuters.com
Reuters USA
Finance & Economy, News Article
00:18 04.12.2024

us postal service faces critical hearing amid financial challenges

A U.S. House committee is set to hold a hearing on the U.S. Postal Service on December 10. The Postal Service has cautioned that it must continue to implement cost-cutting measures to avoid the risk of a government bailout or facing significant operational changes.
reuters.com
U.S. Postal Service Federal Credit Union CREDIT_UNION USA
Finance & Economy, News Article
23:53 03.12.2024

ubs subsidiary faces trial for pressuring whistleblowers in paris

UBS's subsidiary is on trial in Paris for allegedly pressuring employees Stéphanie Gibaud and Nicolas Forissier between 2008 and 2010, leading them to become whistleblowers. The bank is accused of coercing them to censor meeting minutes and denying promotions, while UBS denies any wrongdoing. This case is separate from ongoing legal issues regarding UBS's solicitation of wealthy French clients and money laundering activities from 2004 to 2012, which have already resulted in a fundamental conviction. The trial is set to continue until December 12.
finanzen.ch
United States Dollar FRA CHE Nicolas Forissier
TradFi, News Article
23:34 03.12.2024

nvidia stock poised for growth amid strong ai market momentum

Nvidia's stock has faced volatility despite impressive earnings growth, reflecting high market expectations. As the UBS Global Technology and AI Conference unfolds, the company is poised to showcase its leadership in the rapidly expanding AI market, which is projected to significantly boost the global economy. With its dominant position in chip manufacturing and substantial investments from major tech firms, Nvidia is well-positioned for continued success.
Yahoo Finance
United States Dollar NVIDIA Corporation USA Mark Zuckerberg
TradFi, Market Report
23:31 03.12.2024

nvidia stock poised for growth amid ai advancements and new product launch

Nvidia's stock has faced volatility despite strong earnings, with expectations remaining high as the company prepares for significant developments. The launch of its powerful Blackwell Superchips is anticipated to exceed Wall Street's revenue expectations, while the focus on agentic AI positions Nvidia as a leader in creating AI that enhances workplace efficiency. With a growing AI market projected to add trillions to the global economy, Nvidia's dominance in chip supply and innovation continues to attract investor optimism.
The Motley Fool
United States Dollar NVIDIA Corporation Meta Platforms, Inc. Advanced Micro Devices, Inc. USA Randi Zuckerberg Jensen Huang Mark Zuckerberg Show more
TradFi, Market Report
23:31 03.12.2024

Republican Control Promises Major Shifts in Healthcare and Pharma Policies

The incoming Trump administration and a Republican-controlled Congress are expected to significantly impact healthcare policy, particularly regarding the Affordable Care Act, Medicaid, and Medicare drug price negotiations. Analysts predict a net negative effect on healthcare companies' credit ratings due to potential increases in uninsured populations and regulatory changes, while decreased scrutiny on mergers and acquisitions may benefit the pharmaceutical sector. Additionally, rising tariffs on medical supplies could further strain the industry amid ongoing inflationary pressures.
Fierce Healthcare
United States Dollar AstraZeneca PLC Sanofi Merck & Co., Inc. Pfizer Inc. GSK plc IND USA CHN Mike Johnson Robert F. Kennedy Jr. Donald Trump Lina Khan Show more
Healthcare, Market Report
23:30 03.12.2024

ubs on trial for alleged harassment of whistleblowers in tax evasion case

UBS Group AG is on trial in Paris for allegedly harassing whistleblowers who exposed the bank's tax evasion tactics. Former auditor Nicolas Forissier claims he faced retaliation for his report, while Stéphanie Gibaud alleges her role was diminished after assisting authorities. The trial, which could result in fines and a potential ban for UBS France, is set to continue through next week.
AdvisorHub
Euro UBS Group AG FRA CHE Nicolas Forissier Régis Turrini
TradFi, News Article
23:29 03.12.2024

Private Credit ETFs Launch to Broaden Access for Investors Beyond Institutions

Two ETFs targeting private credit have launched, marking a significant step in opening the $30 trillion sector to a broader range of investors. BondBloxx's fund focuses on middle-market collateralized loan obligations, while Virtus targets AAA-rated private credit CLOs. Despite growing interest, challenges remain regarding asset valuation and liquidity in this untested market.
Institutional Investor
United States Dollar State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund Apollo Global Management, Inc. USA Tony Kelly William Smalley Torsten Asmus Show more
Finance & Economy, Market Report
23:27 03.12.2024

Energy Charter Treaty Reforms Allow Governments to Limit Fossil Fuel Protections

Green reforms to the Energy Charter Treaty (ECT) have advanced, allowing member states to remove protections for fossil fuel investments while maintaining them for renewables. This change, driven by the European Commission, aims to prevent fossil fuel companies from suing governments over climate policies. However, significant divisions remain among member states, with several EU countries already planning to exit the treaty.
Climate Home News
Euro Uniper SE Friends OF THE Earth Europe VZW Paul de Clerk Guy Lentz Show more
Regulatory & Legal, News Article
23:11 03.12.2024
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