Shares of banks and financial services companies are trading higher amid overall market strength as stocks rebound following last week's selloff. Recent Fed policy tightening has pressured the sector as the market assesses the economic impact of interest rate hikes.

6/21/22 12:33:08 PM ET

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Shares of banks and financial services companies are trading higher amid overall market strength as stocks rebound following last week's selloff. Recent Fed policy tightening has pressured the sector as the market assesses the economic impact of interest rate hikes.

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Company	Date	Price Target	Rating	Analyst
Marsh & McLennan Companies Inc. $MMC	11/25/2024	$242.00	Outperform	Evercore ISI
Robinhood Markets Inc. $HOOD	11/25/2024	$24.00 → $55.00	Equal-Weight → Overweight	Morgan Stanley
Arthur J. Gallagher & Co. $AJG	11/25/2024	$313.00	Buy → Neutral	Goldman
Root Inc. $ROOT	11/22/2024		Mkt Outperform → Mkt Perform	JMP Securities
Futu Holdings Limited $FUTU	11/19/2024	$79.00 → $95.00	Buy → Neutral	Citigroup
Apollo Global Management Inc. (New) $APO	11/19/2024	$188.00	Overweight	Piper Sandler
Futu Holdings Limited $FUTU	11/18/2024	$70.00 → $115.00	Equal-Weight → Overweight	Morgan Stanley
Robinhood Markets Inc. $HOOD	11/18/2024	$40.00	Hold → Buy	Needham

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HSBC Asset Management Appoints Pete Scott to Lead Venture Debt Offering
Pete Scott appointed Head of Innovation Credit to develop venture debt proposition HSBC AM taps into HSBC Innovation Banking's origination platform in venture debt to launch new strategy HSBC Asset Management (HSBC AM) has appointed Pete Scott as Head of Innovation Credit as the business extends its alternatives credit capabilities through the development of its venture debt strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125883255/en/HSBC Asset Management (HSBC AM) appointed Pete Scott as Head of Innovation Credit. (Photo: Business Wire) The new capability is being developed in partnership with HSBC Innov
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Blackstone Tactical Opportunities Announces Leadership Transition
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Diane Cooper and Brian McManus Appointed to Bank of Montreal Board of Directors
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CIBC Asset Management announces CIBC ETF cash distributions for November 2024
TORONTO, Nov. 22, 2024 /CNW/ - CIBC (TSX:CM) (NYSE:CM) – CIBC Asset Management Inc. today announced the November 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly. Unitholders of record on November 29, 2024, will receive cash distributions payable on December 4, 2024. Details of the final "per unit" distribution amounts are as follows: CIBC ETF Ticker Symbols Exchange Cash Distribution Per Unit ($) CIBC Active Investment Grade Corporate Bond ETF CACB TSX $0.077 CIBC Active Investment Grade Floating Rate Bond ETF CAFR
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Arthur J. Gallagher & Co. Acquires THB Chile
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BlackRock® Canada Announces Estimated 2024 Annual Reinvested Capital Gains Distributions for the iShares® ETFs
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Press Releases

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Mosaicx Executive Wins 2024 CX Leaders Award
OMAHA, Neb., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Mosaicx, a conversational AI pioneer, today announced that President Rebecca Jones has been honored in the 2024 CX Leaders Awards, receiving recognition in the Women in CX category. The Women in CX award celebrates a female leader who has demonstrated exemplary leadership, innovation and influence in the field of customer experience. The CX Leaders Awards 2024 is a celebration of the innovators, pioneers and change-makers redefining customer experience. Hosted by CX Today, this prestigious awards program honors leaders driving exceptional customer interactions and forward-thinking strategies and fostering communities that inspire lasting en
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HSBC Asset Management Appoints Pete Scott to Lead Venture Debt Offering
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Henry Hub Natural Gas Sets Single Day Options Record Amid Colder Weather in the U.S.
CHICAGO, Nov. 22, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Henry Hub Natural Gas options reached a single day volume record of 561,379 contracts on November 21, surpassing the previous record of 506,500 contracts traded on November 14, 2018. "The U.S. is entering the winter season while production is falling, creating price volatility and risk that needs to be managed in natural gas markets," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "Market participants continue to flock to the most liquid and efficient on-screen options market to manage their Henry Hub exposure. Within total options volume, a
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Shares of banks and financial services companies are trading higher amid overall market strength as stocks rebound following last week's selloff. Recent Fed policy tightening has pressured the sector as the market assesses the economic impact of interest rate hikes.

Chat with this insight

Recent Analyst Ratings for $AJG$APO$BAC$BLK

$AJG$APO$BAC$BLK Leadership Updates

Live Leadership Updates

HSBC Asset Management Appoints Pete Scott to Lead Venture Debt Offering

Blackstone Tactical Opportunities Announces Leadership Transition

Diane Cooper and Brian McManus Appointed to Bank of Montreal Board of Directors

$AJG$APO$BAC$BLK Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Evercore ISI resumed coverage on Marsh McLennan with a new price target

Robinhood Markets upgraded by Morgan Stanley with a new price target

Arthur J. Gallagher downgraded by Goldman with a new price target

$AJG$APO$BAC$BLK Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Vice President of Operations Duran Ryan H sold $1,448 worth of shares (500 units at $2.90), decreasing direct ownership by 3% to 13,818 units (SEC Form 4)

Amendment: Pres, Merrill Wealth Mgmt Hans Lindsay D. covered exercise/tax liability with 467 shares, decreasing direct ownership by 4% to 11,927 units (SEC Form 4)

Amendment: Chief Accounting Officer Bless Rudolf A. covered exercise/tax liability with 1,182 shares (SEC Form 4)

$AJG$APO$BAC$BLK SEC Filings

SEC Form 6-K filed by HSBC Holdings plc.

SEC Form FWP filed by Bank Of Montreal

SEC Form FWP filed by Bank Of Montreal

$AJG$APO$BAC$BLK Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by BlackRock Inc.

Amendment: SEC Form SC 13G/A filed by Root Inc.

SEC Form SC 13G filed by LM Funding America Inc.

$AJG$APO$BAC$BLK Financials

Live finance-specific insights

CIBC Asset Management announces CIBC ETF cash distributions for November 2024

Arthur J. Gallagher & Co. Acquires THB Chile

BlackRock® Canada Announces Estimated 2024 Annual Reinvested Capital Gains Distributions for the iShares® ETFs

$AJG$APO$BAC$BLK Press Releases

Fastest customizable press release news feed in the world

Mosaicx Executive Wins 2024 CX Leaders Award

HSBC Asset Management Appoints Pete Scott to Lead Venture Debt Offering

Henry Hub Natural Gas Sets Single Day Options Record Amid Colder Weather in the U.S.

$AJG$APO$BAC$BLK Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Graham Andrew L. bought $25,764 worth of shares (10,000 units at $2.58), increasing direct ownership by 137% to 17,303 units (SEC Form 4)

Director Porat Ruth bought $36,799 worth of shares (217 units at $169.38), increasing direct ownership by 0.48% to 36,528 units (SEC Form 4)

Director Shepard William R bought $63,945 worth of Common Stock Class A (293 units at $218.50), increasing direct ownership by 0.53% to 2,360 units (SEC Form 4)

$AJG$APO$BAC$BLK Market Insights

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JP Morgan Maintains Underweight on CME Gr, Raises Price Target to $191

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Analyst Ratings

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Insider Trading

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SEC Filings

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Large Ownership Changes

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Financials

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