Weekly Report: what happened at IYG last week (0415-0419)?

Bank ETFs in Focus on Mixed Q1 Earnings

Weekly Report: what happened at IYG last week (0408-0412)?

What's Going On With JPMorgan Shares Today?

JPMorgan Chase & Co. Reported first-quarter FY24 revenue of $41.9 billion, up 9% Y/Y. The bank beat the consensus estimate of $42.5 billion. Earnings per share of $4.44 were also higher than expected.

Is the Banking Sector Booming? 5 ETF Picks

America's Credit Card Slump: Delinquencies Reach 12-Year High As Issuers Lower Credit Limits

Report by the Philadelphia Fed says credit card delinquencies reached the highest on record in the last quarter of 2023. Nearly 3.5% of credit card users carried their balances 30 days past the due date. The fourth quarter of last year was the worst for credit card companies.

Mastercard Revamps Structure for Growth, New Teams to Drive Core Payments and Services

Mastercard Inc. Unveiled a strategic realignment of its teams to focus on Core Payments, Commercial and new Payment Flows, and Services. These leadership transitions are effective immediately, with the broader organizational changes beginning on May 1. Mastercard aims to hasten growth and enhance stakeholder value.

Are The Stars Finally Aligned For U.S. Financial Stocks?

After a series of banking failures in early 2023, financial stocks are showing signs of life again. Financial stocks rallied in the last five months, signaling growing investor confidence that a wider systemic meltdown has been averted. First-quarter trends suggest that market returns may be poised to broaden - good news for financials.

Weekly Report: what happened at IYG last week (0401-0405)?

Should You Buy Bank ETFs Before Earnings Releases?

Visa Teams Up With Skipify 'To Enrich Consumer Experiences,' Shares Rise

Visa Inc. Has partnered with Skipify to boost the reach and capabilities of Skipify’s connected wallet. The company aims to deliver convenience and security to consumers at checkout. Investors can gain exposure to the stock via the iShares U.S. Financial Services ETF.

Mastercard Boosts Rewards with New Brand Partnerships On The Back Of Upcoming Fee Hikes

Mastercard Inc (NYSE:MA) unveiled new credit card benefits in collaboration with top health & wellness, travel, and lifestyle brands. Partnering with Alo Moves, Booking.com, HealthLock, Lyft, MoviePass, and ResortPass, Mastercard aims to provide value for consumers and small businesses.

Mastercard Set to Increase Credit Card Fees, Adding Millions in Costs for Retailers After Visa Settlement

Mastercard to raise specific credit card fees starting April 15. The fee hike comes shortly after the company announced a $30 billion settlement with Visa over swipe fees. The network assessment fee will increase to 0.14% from 0.13%. The increase translates to an additional $259.1 million in fees.

Chase Launches New Media Platform For Direct Consumer Connection: Details

JPMorgan Chase & Co. Launches a new digital media business, Chase Media Solution. Chase Media Solutions will help brands connect directly with the bank's 80 million customers. The new platform will combine the scale of a retail media network with Chase-owned transaction data to help brands target customers.

Simplify Your Subscriptions: Visa's Subscription Manager Offers One-Stop Solution for Cardholders

Visa Inc. Disclosed the launch of Subscription Manager, which is a new, all-in-one service for financial institutions. The service will provide cardholders with a simple, convenient way to track their subscriptions. Visa’s new Sub subscription Manager streamlines key aspects of recurring payments in one place.

Should You Invest in the iShares U.S. Financial Services ETF (IYG)?

Weekly Report: what happened at IYG last week (0325-0329)?

Visa Unveils New AI Fraud Prevention Tools to Safeguard Digital Payments

Three new AI-powered solutions within the Visa Protect suite aimed at enhancing fraud prevention for account-to-account and card-not-present payments. Visa’s commitment to combating fraud and securing transactions is backed by a $10 billion investment in technology and innovation.

Weekly Report: what happened at IYG last week (0318-0322)?

iShares U.S. Financial Services ETF declares quarterly distribution of $0.1996