Watch List Financial Stock Archives

HSBC Resuscitates 35,000 Job Cut Plan As Banking Troubles Persist

Back in February, HSBC, Europe’s largest bank and troubled lender, announced a plan that would slash upwards of 35,000 jobs. Shortly after, the lender put restructuring plans on hold for three months due to the COVID-19 outbreak. Now, Bloomberg reports, HSBC is resuming plans to cut tens of thousands of jobs as a way to boost profitability in today’s challenging environment. “Since February, we have pressed…

Rickards Warns: Robo-Trading Will End In Disaster

We are tempted by our “own evil desire” first (James 1:14). That’s not to say every unbeliever is blatantly and spitefully turning from what is known to be true. But the unbeliever’s desire for self-satisfaction makes Satan’s deception all the more potent. Today, stock markets and other markets such as bonds and currencies can best…

First bank failure since 2017 is a wake-up call

Why is the love of money a root of all kinds of evil? To help us answer this, we must look at the passage in its greater context. Near the end of the letter (1 Timothy 6:2–10), Paul is exhorting Timothy regarding the need to “teach and urge these things” to his congregation, “these things”…

Ex-bank CEO charged with lending millions to Paul Manafort in exchange for help getting Trump White House job

The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23).…

BancorpSouth Bank (BXS): Watch List Financial Stock,UP-Date 4/22/19

If materialism was ever to satisfy anyone, it would have been Solomon, the richest king the world has ever known. He had absolutely everything and had more of it than anyone, and yet he found it was all worthless and futile. It did not produce happiness or the satisfaction our souls long for. He declared,…