Stocks & Equities

How to Avoid Stock Market Fraud

Anybody can lose money on a bad investment but being the victim of stock fraud is pain on a whole different level. Thankfully, there are some tools that predictive analytics and statistics provide that can steer investors away from bad ideas.

Wall Street Skeptical Of Deutsche Bank’s Restructuring Plan

On Sunday, battered international investment bank Deutsche Bank AG announced it will be exiting the equities business and cutting 18,000 jobs as part of an aggressive restructuring plan.

Deutsche Bank said it will eliminate its trading business as part of a cost-cutting plan that will eliminate 6 billion euros ($6.7 billion) in expenses and reduce the bank’s headcount to 74,000 by 2022.

In addition to the restructuring plan, Deutsche Bank said it anticipates a 2.8-billion-euro loss when it reports second-quarter financials July 25.

Deutsche Bank has been struggling to compete with other global investment banks and has been hounded by regulators in recent years.

In 2017, Deutsche Bank paid the U.S. Justice Department a $7.2-billion settlement related to the bank’s mortgage-backed securities business that contributed to the 2008 financial crisis. Deutsche Bank was also fined $630 million related to allegations of Russian money laundering.

Several Wall Street analysts weighed in on Deutsche Bank’s new restructuring plan; here’s a sampling of what they have to say….CLICK for complete article

An “inauspicious” start to the new week morphed into a full-on rout in Asia Monday as purported “liquidity pressure” tied to forthcoming IPOs helped push Chinese stocks to their worst loss in months and tensions with Tokyo tanked South Korean equities.

The Shanghai Composite dove the most in the region, falling 2.6%, in the worst session since May 6, the day after Donald Trump restarted the trade war. The CSI 300 fell 2.3%, while small caps and tech shares ended the session down 2.7% after shedding as much as 3.4%.

While some of the selling was attributed to the prospect of a less accommodative Fed following Friday’s blockbuster June payrolls print, the imminent launch of China’s new tech board (later this month) sparked concern about liquidity being pulled away from other mainland shares….CLICK for complete article

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Hello again, Fools. I’m back to call your attention to three large cap stocks for your watch list — or, as I like to call them, my top “forever assets.” As a refresher, I do this because companies with a market cap of more than $10 billion: can keep your portfolio stable during periods of high volatility; and provide steady and healthy dividends year after year.

So if you’re retired (or nearing retirement) and are nervous about income, living off large-cap dividends can help ease your stress.

Let’s get to it.

Kicking things off is none other than banking gorilla Bank of Montreal (TSX:BMO)(NYSE:BMO), which currently sports a market cap of $64 billion.

BMO continues to see particularly strong growth south of the border. Just last month, in fact, the company said it has already surpassed its target of achieving one-third of its earnings from the U.S. The goal was achieved in six months instead of the 3-5 year timeframe management had targeted.