trending Market Intelligence /marketintelligence/en/news-insights/trending/shvJPPL5pLG_sM_TnDowuA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Thursday Express: BB&T, SunTrust post lower Q3 EPS; Kentucky banks to merge

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Thursday Express: BB&T, SunTrust post lower Q3 EPS; Kentucky banks to merge

* Winston-Salem, N.C.-based BB&T reported third-quarter EPS of 95 cents, down from $1.01 in the year-ago quarter.

* SunTrust Banks' third-quarter EPS was $1.34, a decrease from the prior-year period's $1.56.

* M&T Bank and KeyCorp also reported earnings early this morning. Morgan Stanley is also expected to report quarterly results today.

* The U.S. Securities and Exchange Commission obtained an asset freeze against 18 traders, mostly based in China, related to a market manipulation scheme that helped them amass over $31 million in illegal profits.

* In Kentucky, Citizens Union Bank of Shelbyville, with $840 million in assets, is merging with Peoples Bank & Trust, with $55 million in assets.

* Ahead of possible judgment against the company over its $175 million shuttered hedge fund, Highland Capital Management filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of Delaware.

* Pointing out the potential speed at which Facebook's proposed cryptocurrency Libra could circulate globally given its vast network of users, Federal Reserve Governor Lael Brainard asked that the project specifically define its financial activities so jurisdictions can assess whether existing regulatory and enforcement mechanisms can provide adequate oversight and consumer protection.

* Moody's declined to comment on a media report that it may have to drop a plan to seek control of China's biggest ratings firm, China Chengxin International Credit Rating Co., for failing to get regulatory approval to up its stake in the Chinese firm to over 50% from 30%.

* On the insurance front, Founder Steve Menzies acquired Applied Underwriters and subsidiary North American Casualty in a transaction valued at $920 million.

* Axis Capital Holdings is joining a number of its peers in reducing exposure to fossil fuels by implementing a new thermal coal and oil sands underwriting and investment policy.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.