November 18, 2020 – Icarus Signals. The home of economic insight

Overcoming FinTech Skepticism To Meet Asian SMEs’ FX Needs

Posted on November 18, 2020 by TeamIcarus | 0 Comments

The global trading markets are in flux, and it's not only the COVID-19 crisis influencing international supply chains. Ongoing trade wars and rising costs of doing business in certain markets…

American Banking Consolidates as PNC Buys BBVA’s US Business

Posted on November 18, 2020 by TeamIcarus | 0 Comments

BACK IN MAY PNC, America’s seventh-largest retail bank, sold its 22% stake in BlackRock, the world’s largest asset manager, for $17bn. Bill Demchak, its boss, said at the time that…

AvaTrade Launches New Copy Trading Solution AvaSocial in Post-Social Trading Era

Posted on November 18, 2020 by TeamIcarus | 0 Comments

Retail FX brokerage AvaTrade announced today that it has launched a copy-trading solution under the moniker AvaSocial. This innovative new copy and social trading solution benefits all traders, both new…

Airbnb Files for IPO Amid Threats of Lockdown

Posted on November 18, 2020 by TeamIcarus | 0 Comments

Airbnb Inc. filed to go public Monday in a widely anticipated move that comes even as it struggles amid a renewed pandemic-driven travel slowdown.

Here’s How Bad Commercial Real-Estate Pain Could Get For Banks, Other Lenders

Posted on November 18, 2020 by TeamIcarus | 0 Comments

Low rates and rosy assumptions about how much rent properties might collect helped fuel the record $5 trillion debt boom in U.S. commercial real estate over the past decade.

Saudi Wealth Fund Cut U.S. Stocks by $3 Billion Last Quarter, Reduced ETFs

Posted on November 18, 2020 by TeamIcarus | 0 Comments

DUBAI (Reuters) - Saudi Arabia's sovereign wealth fund cut its exposure to North American equities by $3 billion in the third quarter, offloading some exchange traded funds (ETF) and stocks…