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BBVA Makes Hostile Bid for Sabadell

The Spanish lender’s all-share offer values its smaller rival at around $12 billion and comes after an initial approach on the same terms was rejected.



Platinum Market Faces Largest Shortfall in Supply For a Decade

Primary supply of platinum, or the supply directly from producers, is expected to decline by 2% on-year to around 5.68 million troy ounces, while demand is expected to remain firm across all sectors, according to a new report by Johnson Matthey.



Chinese Developer Likely to Default on State-Backed Bond

Country Garden Holdings said it is likely to default on a government-guaranteed local bond, as it continues to struggle with liquidity amid China’s property crisis.



Dow Extends Latest Run of Gains

The blue-chip index rises for sixth straight day, while the Nasdaq dips.



Lenders Are Seeing a Bottom for Consumers

The anticipated return to normal for credit trends may bode well for spending.



What You Need to Know About Managing Expenses to Buy and Stay in Your Home

A podcast series examines sustainable homeownership by outlining the financial implications of buying a house.



Spain's BBVA Runs out of Room for Friendly Merger With Sabadell

Spain’s Banco Bilbao Vizcaya Argentaria got the cold shoulder in its attempt to revive a merger with smaller rival Banco de Sabadell. While some analysts still think a deal is possible, a friendly approach seems to have been ruled out.



Want More Nvidia? Investors Try Funds That Double Its Return---and Risk

Assets in leveraged single-stock ETFs have doubled this year.



Wells Fargo Hires Ex-JPMorgan Investment-Bank Boss Fernando Rivas

The San Francisco lender is focused on expanding its relatively small investment bank.



Will Tesla's EV Charging Slowdown Supercharge Competitors?

Tesla’s decision to step back from EV charging opens up space for competitors. It isn’t clear that they can fill the gap.



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