Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
European leaders Antonio Costa and Ursula von der Leyen plan a video call with key Middle Eastern figures on Monday to talk about the region’s tensions. The meeting aims to let the leaders share their views on current events and explore how the EU can help countries there. It also seeks to dis
European leaders gathered in Munich to signal a shift toward greater self‑reliance after recent strains with the United States. The conversation began with a warning that some boundaries had been crossed and could not be undone, hinting at deeper mistrust. The United States, under President Trump
European leaders met in Brussels to discuss how the United States is stepping back from its traditional leadership role in NATO. The U. S. defense chief, Pete Hegseth, did not attend the meeting, a rare omission that raised questions about America’s commitment to European security. He was replaced b
European Watch Company, a Boston‑based family business that has sold luxury watches for over three decades, is bringing its new online magazine to the world. Crown & Caliber was originally a platform for pre‑owned watches and now becomes a daily source of stories about timepieces, fashion, travel an
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
European markets are on a roll, hitting new highs. The Stoxx 600, DAX, and CAC 40 indexes have all seen significant gains. This year alone, the Stoxx 600 has climbed 14% higher. With just a week left, it's looking like it will be the third year in a row of growth. Investors are keeping a close eye
