iShares U.S. Financial Services ETF (ARCA: IYG)

에 대한 최신 뉴스 iShares U.S. Financial Services ETF (ARCA:IYG)

iShares U.S. Financial Services ETF

Financial Services

The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Berkshire Hathaway, Inc.

Jpmorgan Chase & Co.

Visa Inc

Mastercard Inc

Bank Of America Corp.

Wells Fargo & Co.

Goldman Sachs Group Inc.

S&P Global Inc

American Express Co.

Morgan Stanley

iShares US Financial Services ETF

A,Woman,Sits,At,A,Desk,With,A,Laptop,Open,

Equities

News

Markets

General

AMZN

GOOG

GOOGL

iShares Trust Dow Jones US Financial Services Index Fund

MSFT

VEEV

원격 근무와 사무실 근무 의무에 대한 논쟁이 계속되는 가운데, 비바 시스템즈(NYSE:VEEV), 클라우드 기반 소프트웨어 회사가 주목받고 있습. 이는 원격 근무(WFH) 정책을 수용하는 것이 어떻게 성공적인 전략이 될 수 있는지를 보여주는 대표적인 사례이다.

원격 근무 vs 오피스 복귀: 비바의 유연성이 JP모건의 사무실 지침을 능가할 수 있을까?

Stress,Business,Man,Look,At,The,Computer,Screen,,The,Red

ETFs

ALLY

iShares Dow Jones US Financial Sector Index Fund

하나의 발언이 JP모건 체이스(NYSE:JPM)의 주식을 화요일 장 중 최대 7.5% 하락시킨 것일까? 그런 것 같다. JP모건의 최고 운영책임자(COO) 다니엘 핀토(Daniel Pinto)가 화요일 업계 행사에서 내년 비용과 순이자소득(NII)에 대한 애널리스트 예측을 완화하였다.

COO가 분석가 전망에 찬물을 끼얹자 화요일 JP모건 주가가 큰 폭으로 하락

Mahmutlar, - ,Turkey,-,June,01,,2019:,Mastercard,Plastic,Electronic

Large Cap

Media

마스터카드(NYSE:MA)가 전 세계 인력을 3% 감축할 계획인 것으로 알려져 이 회사의 주식이 월요일 하락했다. 2023년 기준 마스터카드의 보고된 직원 수 약 33,400명을 기준으로 이번 감축은 약 1,000명의 직원에게 영향을 미칠 것으로 예상된다.

마스터카드, 약 1,000개의 일자리 감축 계획: 보도

As the debate over remote work vs. in-office mandates continues, Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>), a cloud-based software company, stands out as a prime example of how embracing work-from-home (WFH) policies <a href="https://www.benzinga.com/top-stories/24/09/40887347/amazon-to-cut-management-layers-end-work-from-home" target="_blank" rel="noreferrer noopener">can be a winning strategy</a>.
Veeva had the highest volume of remote job postings in 2024, offering roles with salaries ranging from $55,000 to $300,000 annually, Fortune <a target="_blank" href="https://fortune.com/2025/01/24/veeva-most-remote-job-postings-wfh-rto/" rel="noreferrer noopener">reports</a>, citing FlexJobs. This has made the company highly attractive to job seekers seeking flexibility, particularly as the job market remains hungry for well-paid remote opportunities.
Remote Work Boosts Stock Returns?
Veeva&#8217;s success with remote work isn&#8217;t just a win for employees—it&#8217;s a sound business strategy, Fortune adds. Research has shown that companies offering WFH options tend to have better stock returns and attract higher-quality talent.
A&nbsp;<a target="_blank" href="https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=SIEP2021&amp;paper_id=58" rel="noreferrer noopener">paper</a>&nbsp;from University of Melbourne assistant professor of finance Gabriele Lattanzio found that companies offering remote work arrangements outperformed the market, with a 7.44% higher return compared to expected returns.
These companies also had better earnings results and positive stock price reactions.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, VEEV stock has gained over 7% in the past year. Investors can gain exposure to the stock via&nbsp;First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EKG#NASDAQ">EKG</a>).
Veeva&#8217;s Remote Flexibility vs. JPMorgan&#8217;s Office Mandate:
Founded in 2007, Veeva&#8217;s remote-forward approach was ingrained in the company&#8217;s culture from the start, as its founders operated from separate cities during the company&#8217;s early years.
However, Veeva&#8217;s strategy stands in sharp contrast to companies like JP Morgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), which has faced significant employee backlash over its recent mandate requiring staff to return to the office five days a week, Fortune <a target="_blank" href="https://fortune.com/2025/01/17/jpmorgan-chase-union-jamie-dimon-wall-street-return-to-work-employees-anger/" rel="noreferrer noopener">reported</a> earlier this month.
JPM stock has gained over 53% in the past year. Investors can gain exposure to the stock via&nbsp;iShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>).
In fact, major firms like Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), are pushing for a return to office (RTO) policies, despite widespread resistance from employees.
Workers at these companies have voiced frustrations, some even resorting to petitions or quitting in protest, Fortune adds.
The Future of Work: Can Remote Work Gain Ground?
A study found that employees working from home two days a week are just as productive as those in the office every day, Forbes <a target="_blank" href="https://www.forbesindia.com/article/lifes/wfh-vs-rto-why-empty-offices-are-at-the-heart-of-the-returntooffice-debate/94882/1" rel="noreferrer noopener">reports</a>, citing a survey from Resume.org. Despite this, 28% of business leaders plan to enforce 100% in-person work by 2025, while only 2% will allow less than one office day per week.
As the future of work evolves, Veeva&#8217;s focus on employee happiness and productivity through remote work continues to set the company apart in an increasingly competitive labor market.
Read Next:
<a href="https://www.benzinga.com/markets/equities/25/01/43216784/doug-ford-takes-on-trump-ontario-premier-threatens-swift-retaliation-in-trade-war">Doug Ford Takes on Trump: Ontario Premier Threatens Swift Retaliation in Trade War</a>
Image: Shutterstock

Remote Work Vs. Return-To-Office: Can Veeva's Flexibility Outshine JPMorgan's Office Mandate?

Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) has invested in Moniepoint Inc., a business payment and <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b43156135/visa-makes-strategic-investment-in-moniepoint-to-accelerate-financial-inclusion-for-african-smes" rel="noreferrer noopener">banking services platform in Nigeria</a>.
This investment underscores Visa&#8217;s commitment to driving financial inclusion, advancing digital payments, and supporting SME growth across Africa. The financial terms of the investment were not disclosed.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint Inc (formerly known as TeamApt Inc), processes over 1 billion transactions monthly, with total payments volume exceeding&nbsp;$22 billion.
Visa&#8217;s investment reinforces Moniepoint&#8217;s mission to empower African businesses, accelerating its growth and expansion across the continent.
Visa joins other notable investors, including Development Partners International and Google&#8217;s Africa Investment Fund, in advancing Moniepoint&#8217;s efforts.
Andrew Torre, Regional President, Central and Eastern Europe, Middle East and Africa at Visa, said, &#8220;Moniepoint has built an impressive platform that directly addresses the needs of Africa&#8217;s SMEs, a critical segment in enabling economic development.&#8221;
&#8220;Visa&#8217;s investment in Moniepoint is the latest example of our long-standing commitment to advancing digital economies in Africa. We will enable even the smallest businesses to thrive through innovative payment and software solutions that allow SMEs to scale and open new revenue opportunities, while streamlining their operations.&#8221;
Tosin Eniolorunda, Founder and Group CEO of Moniepoint, said, &#8220;Given that about 83% of employment across Africa is in the informal economy, we are very keen to widen access and participation in the formal financial system and drive economic growth across Africa.&#8221;
Visa expects to release&nbsp;first-quarter&nbsp;2025 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">results on January 30, 2025</a>.
Investors can gain exposure to the stock via&nbsp;SPDR Select Sector Fund &#8211; Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) and&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>).
Price Action: V shares are up 0.72% at $325.88 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42986061/analyst-sees-visa-as-a-safe-bet-in-turbulent-market-upgrades-to-buy" target="_blank" rel="noreferrer noopener">This Analyst Prefers Visa Over Mastercard In 2025 &#8211; Here&#8217;s Why</a></li>
</ul>
Image: Shutterstock/ Tony Stock.

Contracts

Visa Invests In Nigeria's Moniepoint To Drive SME Growth And Digital Payments: Details

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading nearly flat premarket after it reported <a href="https://www.benzinga.com/pressreleases/25/01/b42997622/jpmorganchase-reports-fourth-quarter-and-full-year-2024-financial-results" target="_blank" rel="noreferrer noopener">fourth-quarter FY24 results</a>.
Reported revenue&nbsp;rose&nbsp;11% year-on-year to&nbsp;$42.8&nbsp;billion. Net revenue (<a target="_blank" href="https://jpmorganchaseco.gcs-web.com/node/723716/html#a4q24erfexhibit991narrative.htm" rel="noreferrer noopener">managed</a>) was&nbsp;$43.7 billion&nbsp;(+10%&nbsp;Y/Y), beating the&nbsp;consensus of&nbsp;$41.707 billion.
Consumer &amp; Community Banking (CCB) revenue rose 1%&nbsp;Y/Y to&nbsp;$18.362&nbsp;billion, and Commercial &amp; Investment Bank revenue was&nbsp;$17.598&nbsp;billion&nbsp;(+18% Y/Y) in the quarter.
Investment Banking revenue was&nbsp;$2.6&nbsp;billion, up&nbsp;46% Y/Y, in the quarter. Investment Banking fees rose 49% Y/Y, led by higher fees across all products.
Asset and Wealth Management revenue was&nbsp;$5.8&nbsp;billion&nbsp;(+13%&nbsp;Y/Y), and Corporate revenue stood at&nbsp;$2.00&nbsp;billion&nbsp;(+13%&nbsp;Y/Y) in the quarter.
In AWM,&nbsp;Assets under management stood at&nbsp;$4.0&nbsp;trillion, and client assets stood at&nbsp;$5.9&nbsp;trillion&nbsp;(up&nbsp;18%), driven by higher market levels and continued net inflows.
Net interest income fell 3% Y/Y to $23.5 billion in the quarter. Net interest income excluding Markets&nbsp;stood at $23.0 billion, down 2% Y/Y, due to lower rates and deposit margin compression along with lower deposit balances in CCB.&nbsp;
Noninterest revenue was&nbsp;$20.3 billion, up&nbsp;29%&nbsp;Y/Y, in the quarter. Noninterest revenue, excluding Markets,&nbsp;increased 30% Y/Y to $13.7 billion, led by higher asset management fees in AWM and CCB, increased investment banking fees and lower net investment securities losses.
Noninterest expense decreased&nbsp;7%&nbsp;Y/Y to&nbsp;$22.8&nbsp;billion in the quarter. Average loans rose&nbsp;2%&nbsp;Y/Y and up 1% quarter-over-quarter; average deposits were up&nbsp;2%&nbsp;Y/Y and 1% Q/Q.
In CCB, Debit and credit card sales volume increased by&nbsp;8% Y/Y, and active mobile customers were up&nbsp;7%&nbsp;Y/Y.&nbsp;
In CIB, Market revenue rose&nbsp;21% Y/Y, with Fixed Income Markets increasing 20% and Equity Markets up&nbsp;22% in the quarter.
JPM&#8217;s provision for credit losses was&nbsp;$2.6 billion&nbsp;(-5%&nbsp;Y/Y), including net charge-offs of&nbsp;$2.4&nbsp;billion&nbsp;and a net reserve build of&nbsp;$267 million.&nbsp;
Net income rose 50% Y/Y to&nbsp;$14.0&nbsp;billion&nbsp;in the quarter. EPS of&nbsp;$4.81 exceeded&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of&nbsp;$4.11</a>.
The CET1 capital ratio stood at&nbsp;15.7%, and the advanced CET1 capital ratio was&nbsp;15.8%. The bank&#8217;s capital distributions included a dividend per share of&nbsp;$1.25&nbsp;and $4.0 billion of common stock net repurchases.
<a target="_blank" href="https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/quarterly-earnings/2024/4th-quarter/9aff0e71-2b8c-4f41-ac93-8da74c263894.pdf" rel="noreferrer noopener">Outlook</a>: JPMorgan expects FY25 net interest income,&nbsp;excluding Markets, of ~$90 billion and project card&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">services NCO rate of ~3.60%.</a>
Jamie Dimon, Chairman and CEO, said, &#8220;The U.S. economy has been resilient. Unemployment remains relatively low, and consumer spending stayed healthy, including during the holiday season. Businesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda and improved collaboration between government and business.&#8221;
&#8220;However, two significant risks remain. Ongoing and future spending requirements will likely be inflationary, and therefore, inflation may persist for some time. Additionally, geopolitical conditions remain the most dangerous and complicated since World War II.&#8221;
Read: <a target="_blank" href="https://www.benzinga.com/news/management/25/01/42994008/jamie-dimon-oversees-major-leadership-shake-up-at-jpmorgan-chase-as-president-daniel-pinto-prepares-to-step-down" rel="noreferrer noopener">Jamie Dimon Oversees Major Leadership Shake-Up At JPMorgan Chase As President Daniel Pinto Prepares To Step Down</a>
Investors can gain exposure to the stock via&nbsp;IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>).
Price Action: JPM shares are up 0.29% at $248.18  premarket at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42996752/us-stocks-to-open-higher-ahead-of-december-inflation-data-all-eyes-on-baking-earnings-by-jpm-goldman-citi-wells-fargo" target="_blank" rel="noreferrer noopener">US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings</a></li>
</ul>

Earnings

Guidance

Movers

JPMorgan Chase Q4 Earnings: Investment Banking Revenue Jumps 46%, CEO Jamie Dimon Says 'Inflation May Persist For Some Time'

Seaport analyst Jeff Cantwell downgraded Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) to Neutral from Buy rating, <a target="_blank" href="https://www.benzinga.com/quote/MA/analyst-ratings" rel="noreferrer noopener">with a price target of $521</a>.
The analyst writes that he continues to like Mastercard&#8217;s story but views the shares as fairly valued at this point.
Revenue upside in 2025 appears more limited due to its higher international exposure compared to Visa, and Mastercard lacks an identifiable catalyst, adds the analyst.
Last year, the analyst favored Mastercard over Visa. However, this year, the analyst prefers Visa relative to Mastercard, highlighting that Visa&#8217;s volumes and revenue are more U.S.-centric, where expectations are rising, while Mastercard is more exposed to international markets, which face greater risks to PCE growth.
Related: <a target="_blank" href="https://www.benzinga.com//node/42986061" rel="noreferrer noopener">This Analyst Prefers Visa Over Mastercard In 2025 &#8211; Here&#8217;s Why</a>
Additionally, with Mastercard&#8217;s Investor Day already passed, the analyst doesn&#8217;t see any identifiable catalysts for the stock this year.
Cantwell says that with the upcoming administration change in the U.S., 2025 is expected to be fluid, requiring investors to stay vigilant.
Potential policy adjustments could impact consumer and business spending, and factors like FX, inflation, and the Fed&#8217;s rate cuts further complicate the outlook, adds the analyst.
The analyst foresees a higher potential for earnings surprises in Fintech this year compared to previous years.
Investors can gain exposure to the stock via Principal Exchange-Traded Funds Principal Focused Blue Chip ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BCHP#BATS">BCHP</a>) and iShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>).
Price Action: MA shares are up 0.78% at $508.83 at the last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42971921/mastercard-vs-visa-bearish-trends-bullish-hopes" target="_blank" rel="noreferrer noopener">Mastercard Vs. Visa: Technical Challenges Ahead Of Earnings Showdown</a></li>
</ul>
Photo via Shutterstock.

Analyst Color

Downgrades

Price Target

Analyst Ratings

Trading Ideas

BCHP

Mastercard Is Fairly Valued And Lacks An Identifiable Catalyst; Analyst Downgrades Stock

Seaport analyst Jeff Cantwell upgraded Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) to Buy from <a target="_blank" href="https://www.benzinga.com/quote/V/analyst-ratings" rel="noreferrer noopener">Neutral with a price target of $359</a>.
The analyst raised forecasts for the company, which are above consensus for both 2025 and 2026.
Also, for this year, the analyst prefers Visa on a relative basis over Mastercard, primarily due to Visa&#8217;s more significant U.S. exposure.
The analyst projects stronger service/data processing revenue for 2025 and 2026, driven by a firming U.S. economy in the second half of this year.
Cantwell also boosted the Other Revenue estimates, expecting higher demand for value-added services (VAS) from Visa&#8217;s clients.
The analyst anticipates double-digit revenue growth for Visa in 2025 and 2026, with 13% EPS growth in both years.
The upcoming Investor Day in February is also seen as a positive catalyst for investors, adds the analyst.
Overall, in a macro environment expected to be somewhat turbulent in 2025, the analyst views Visa as a steady earnings compounder with upside potential compared to consensus estimates.
Investors can gain exposure to the stock via iShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and SPDR Select Sector Fund &#8211; Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Target: V shares are up 0.87% at $309.58 at the last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42971921/mastercard-vs-visa-bearish-trends-bullish-hopes" target="_blank" rel="noreferrer noopener">Mastercard Vs. Visa: Technical Challenges Ahead Of Earnings Showdown</a></li>
</ul>
Photo by In Green via Shutterstock.

Upgrades

This Analyst Prefers Visa Over Mastercard In 2025 - Here's Why

Analysts expressed views on Mastercard Incorporated&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) following its <a target="_blank" href="https://www.benzinga.com/quote/ma/analyst-ratings" rel="noreferrer noopener">investor day event this week</a>.
The company anticipates a compound annual growth rate (CAGR) in the mid-teens for EPS over the next three years, down from its prior expectation of <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">low-20s growth for 2022-2024</a>.
BMO Capital Markets analyst Rufus Hone raised the price target to $565 from $550 and reaffirmed the Outperform rating.
The analyst writes that Mastercard outlined its 2025-2027E financial targets, addressing concerns about consumer payment growth potential, commercial payment acceleration, and the sustainability of VAS growth, with its market share in VAS under 7%.
The analyst views the targets as conservative, suggesting a 2-3 percentage point deceleration in payment network revenue growth by 2027E, down from ~10% year-over year growth this year.
Hence, the analyst revised the EPS estimates downward by -2% for 2025E and -1% for 2026E, reflecting slightly higher investment spending.
Goldman Sachs analyst Will Nance says that they believe Mastercard&#8217;s message will be well-received, as the company reaffirmed its commitment to mid-teens EPS growth over time and double-digit net revenue growth.
From a stock performance perspective, the modest underperformance appears to be a result of strong year-to-date performance and the realization of some tax-related headwinds for 2025, as discussed during earnings, adds the analyst.
However, looking past these factors, the analyst continues to view Mastercard as a core holding for long-term investors, offering a compelling combination of strong competitive advantages and capital-efficient earnings growth.
The analyst revised the EPS estimates for 2025 and 2026 from $14.49 to $15.82 and $18.29 to $18.23, respectively. Also, the analyst introduced the 2027 EPS estimate of $20.91.
RBC Capital Markets analyst Daniel R. Perlin reiterated the Outperform rating with a price target of $572.
The analyst writes that Mastercard delivered a well-executed investor day, emphasizing that the secular shift in the industry still has substantial room for growth.
The company highlighted the importance of Value-Added Services (VAS) as a key differentiator, playing a pivotal role in driving its virtuous cycle, adds the analyst.
Perlin says that Mastercard also stressed that data assets are crucial in an AI-driven world and pointed out significant commercial opportunities on the horizon.
JP Morgan analyst Tien-tsin Huang maintains an Overweight rating and says that Investment Community Meeting reinforced its position as a core holding in payments, with a focus on capturing a large market through new capabilities and channels, driving transaction growth and share gains.
The medium-term outlook suggests stable premium growth and mid-teens EPS growth, adds the analyst.
The analyst writes that if execution remains strong, Mastercard is well-positioned to deliver double-digit growth with 55%+ margins.
Investors can gain exposure to the stock via iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;BlackRock Long-Term U.S. Equity ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELT#NASDAQ">BELT</a>).
Price Action: MA shares are down 0.61% at $518.72 at the last check Thursday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/41977961/mastercards-vision-no-more-passwords-or-card-numbers-by-2030" target="_blank" rel="noreferrer noopener">Mastercard&#8217;s 2030 Vision: A Future Without Passwords, Card Numbers</a></li>
</ul>

Reiteration

BELT

Mastercard's Path To Mid-Teens Growth: Analysts Weigh In After Investor Day

Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) shares are trading higher on Thursday after the company unveiled on Wednesday its vision to transform online shopping by 2030, aiming to eliminate the need for physical card numbers, passwords, and one-time codes to <a href="https://www.benzinga.com/pressreleases/24/11/b41952965/mastercard-reinvents-checkout-with-password-and-number-free-payments">streamline the checkout experience.</a>
By 2030, Mastercard plans to eliminate manual card entry and static passwords, using tokenization and biometric authentication for secure, seamless online checkout.
Tokenization, introduced a decade ago to safeguard sensitive data, will be integrated with biometric authentication to ensure that every online transaction across Mastercard&#8217;s network is both tokenized and authenticated, enhancing both convenience and security.
This transformation is already underway in major markets and is expected to become widespread in the near future.
Notably, over 30% of Mastercard transactions globally are currently tokenized through Mastercard Digital Enablement Service (MDES), with markets like India approaching 100% tokenization for e-commerce.
Jorn Lambert, chief product officer at Mastercard, said, &#8220;Just like the transition from signing and swiping to tapping cards, we&#8217;re now moving from manual entry and passwords to seamless and secure payments in just a few clicks. With this shift we are protecting sensitive data through advanced encryption and tokenization technologies,&#8221;
&#8220;As payments continue to be embedded across a range of commerce experiences, we&#8217;re leading the way to a global economy that empowers everyone – providing consumers with greater control, convenience and peace-of-mind while unlocking new sales for merchants, and lowering fraud for issuers,&#8221; he added.
On Wednesday, Mastercard stated that it expects slower net revenue growth, projecting &#8220;low-double-digits&#8221; CAGR for 2025-2027, down <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41948028/mastercard-lowers-financial-forecast-signals-slower-eps-revenue-growth-ahead" target="_blank" rel="noreferrer noopener">from prior high-teens forecast</a>.
The company anticipates mid-teens EPS growth over the next three years, lowering expectations from earlier low-20s guidance.
Investors can gain exposure to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;BlackRock Long-Term U.S. Equity ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELT#NASDAQ">BELT</a>).
Price Action: MA shares were down 0.09% at $521.39 at last check Thursday.
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Photo: Shutterstock

Tech

Mastercard's 2030 Vision: A Future Without Passwords, Card Numbers

JP Morgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading lower on Thursday. J.P. Morgan Real Estate Income Trust, Inc. disclosed the acquisition of a two-site, three-building logistics and storage portfolio in Tampa and Pinellas Park, Florida, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41808716/j-p-morgan-real-estate-income-trust-inc-acquires-infill-logistics-and-storage-portfolio-in-florida" rel="noreferrer noopener">for $25.8 million, excluding closing costs</a>.
This investment enables JPMREIT to acquire infill logistics facilities in one of the fastest-growing U.S. metro areas.
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The portfolio, totaling 154,490 square feet, located in densely populated regions near major highways, is strategically positioned to meet the rising demand for both business and personal storage.
Doug Schwartz, Co-President of JPMREIT, said,&nbsp;&#8220;With infill industrial assets experiencing healthy fundamentals and long-term demand tailwinds, this sector remains a high-conviction theme for JPMREIT.&#8221;
&#8221;This acquisition not only strengthens our portfolio but also aligns with our strategy to invest in high-growth regions.&#8221;
Read: <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/11/41685913/jpmorgan-to-pay-investors-151-million-after-sec-flags-various-law-violations" rel="noreferrer noopener">JPMorgan To Lay Out $151 Million In Penalties, Investor Payments After SEC Flags &#8216;Various Law Violations&#8217;</a>
Last month, JPMorgan reported third-quarter revenue of $42.65 billion, up 7%, beating estimates and a net income of <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41289783/jpmorgan-chase-q3-earnings-investment-banking-revenue-soars-29-raises-fy24-net-interest-income-outl" rel="noreferrer noopener">$12.9 billion and EPS of $4.37</a>.
Also, the bank recently launched a new initiative called&nbsp;J.P. Morgan Private Client <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/10/41388106/jpmorgan-launches-private-client-tier-to-attract-affluent-customers" rel="noreferrer noopener">to attract and&nbsp;serve affluent clients</a>.&nbsp;&nbsp;
The&nbsp;new offering&nbsp;sits between the existing&nbsp;Chase Private Client&nbsp;tier for customers with more than $150,000 and&nbsp;J.P. Morgan Private Bank&nbsp;for clients with more than $5 million in assets.
Investors can gain exposure to the stock via&nbsp;IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: JPM shares are down 3.79% at $237.70 at the last check Thursday.
Image via Shutterstock
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JP Morgan's Real Estate Arm Targets High-Demand Florida Market With $25.8M Acquisition

Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) shares are trading higher on Wednesday thanks to strong fourth-quarter results reported yesterday. Also, the company disclosed a partnership with Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
This collaboration will offer Coinbase users in the U.S. and EU enhanced convenience and services, including secure, real-time fund transfers. Eligible Visa debit cardholders can now make instant deposits into their <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41614193/coinbase-to-integrate-visa-direct-to-deliver-real-time-account-funding-for-customers" rel="noreferrer noopener">Coinbase accounts through Visa Direct integration.</a>
Notably, Visa Direct provides fast and secure transactions, helping to bridge traditional finance with blockchain by reducing wait times for fund availability.
Yanilsa Gonzalez Ore, Head of Visa Direct, North America for Visa, stated, &#8220;Providing real-time account funding using Visa Direct and an eligible Visa debit card means that those Coinbase users with an eligible Visa debit card know that they can take advantage of trading opportunities day and night.&#8221;
Akash Shah, Senior Director, Product Management at Coinbase, stated, &#8220;The integration with Visa Direct gives our eligible customers real-time1&nbsp;access to their funds for trading. By enabling them to move money seamlessly and control their finances, we are delivering the trust, security, and flexibility they expect.&#8221;
On Tuesday, Visa reported an adjusted EPS&nbsp;of $2.71, which beat the analyst consensus estimate of&nbsp;$2.58, and a revenue of $9.6 billion, which <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41611709/visa-reports-better-than-expected-q4-results-details" rel="noreferrer noopener">exceeded the forecast of&nbsp;$9.49 billion</a>.
The results was driven by the year-over-year growth in payments volume, cross-border volume, and processed transactions.
Visa projects high single-digit net revenue growth for the first quarter of 2025 and high single to <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">low double-digit growth for FY25</a>.
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: V shares are up 3.41% at $291.48 at the last check Wednesday.
Image from Shutterstock
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</ul>

COIN

Visa & Coinbase Partner For Real-Time Transfers, Boosting Speed And Flexibility For Traders

Visa Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) disclosed a collaboration with the United States Agency for International Development (USAID) to enhance global access to open, secure, and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41516907/visa-and-usaid-are-working-together-to-drive-inclusive-digital-government-ecosystems-and-payment-d" rel="noreferrer noopener">inclusive digital government systems</a>.
Visa and USAID have committed to a five-year collaboration to help governments develop and adopt digital platforms that connect citizens to local government services.
This partnership aims to foster economic development by leveraging expertise in digital payments and government systems, while supporting constituents and small-to-medium enterprises in select markets.
Visa and USAID collaborate to develop and implement digital government systems that enable secure and convenient access to government services and digital payments.
The initial focus will be on Sub-Saharan Africa, Latin America and the Caribbean, and the Caucasus, with potential expansion to other regions over time.
Their joint efforts include collaborating with Ukraine&#8217;s Ministry of Digital Transformation on the Diia app, connecting 19 million citizens with 120+ government services.
Visa Foundation also co-founded the Climate Gender Equity Fund (CGEF) with USAID, supporting 1.4 million gender-equitable, climate-smart businesses globally.
Chris Newkirk, Global Head of New Flows – Commercial &amp; Money Movement Solutions, said, &#8220;Digital government systems can help enhance transparency and efficiency between communities and governments, fostering a more favorable environment for entrepreneurs and economic development.&#8221;
&#8220;Through shared interests and goals, Visa and USAID will empower communities with digital and financial literacy and support access to digital systems that will help drive financial inclusion for everyone, everywhere.&#8221;
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: V shares are down 0.24% at $283.07 at the last check Thursday.
Photo via Shutterstock
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Visa Teams Up With USAID To Boost Digital Government Platforms In Sub-Saharan Africa And Beyond

Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) launched Mastercard Move Commercial Payments, a solution designed to enable banks to offer near real-time, transparent, and predictable <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41419664/mastercard-transforms-cross-border-payments-for-banks-with-industry-first-innovation" rel="noreferrer noopener">commercial cross-border payments</a>.
Unveiled at the Sibos conference in Beijing, the product aims to simplify operations, optimize liquidity, and reduce counterparty risk for banks and their clients.
With cross-border payments growing rapidly, Mastercard Move addresses key challenges such as slow transactions and lack of pricing transparency, offering an innovative approach to enhance the commercial payments landscape.
In a U.K. pilot with Lloyds Banking Group and UBS, using Fnality as the settlement venue, Mastercard Move Commercial Payments is facilitating near real-time, 24/7 cross-border transfers.
This solution is part of the broader Mastercard Move portfolio, which offers fast and secure money transfer services for individuals and businesses, both domestically and internationally.
Alan Marquard, Head of Transfer Solutions at Mastercard, said,&nbsp;&#8220;By powering fast, predictable and transparent payments, Mastercard Move Commercial Payments will bring what is already the norm in domestic payments to the commercial cross-border payment space.&#8221;
&#8220;Our latest product innovation aims to directly address the pain points that are currently affecting the commercial cross-border payments market. By shifting to this new model, they will be empowered to generate new revenue streams while reducing risk and enhancing the offering for their corporate customers.&#8221;
This month, Mastercard launched same-day card payments in South Africa, boosting <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41254052/mastercard-brings-same-day-payouts-to-south-african-merchants-details" rel="noreferrer noopener">merchant cash flow and liquidity</a>.
Investors can gain exposure to the stock via iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;BlackRock Long-Term U.S. Equity ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELT#NASDAQ">BELT</a>).
Price Action:  MA shares are up 0.03% at $516.52 premarket at the last check Monday.
Photo via Shutterstock
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Legal

Mastercard Pushes Boundaries With Move Commercial Payments: Details

Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) shares are trading higher on Thursday. On Wednesday, the company partnered with Analytic Partners to help merchants and brands optimize advertising returns <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41354729/visa-and-analytic-partners-announce-multi-year-deal-to-transform-commercial-analytics-for-merchant" rel="noreferrer noopener">using AI-driven data analytics</a>.
The collaboration combines Visa&#8217;s consumer spending insights with Analytic Partners&#8217; platform to provide actionable, real-time marketing optimization, addressing the challenge of fragmented data and enhancing business decision-making.
The partnership will initially focus on the U.S., with plans for global expansion. Visa and Analytic Partners have made exclusivity commitments for marketing spend optimization services.
They also aim to develop enhanced analytics solutions to help merchants and brands turn insights into measurable business growth.
Jeni Mundy, Global Head of Merchant Sales &amp; Acquiring, Visa, said, &#8220;The volume of data available to merchants can be overwhelming, and if they don&#8217;t get it just right, it&#8217;s a missed opportunity for growth.&#8221;
&#8220;Bringing together our scale and insights with Analytic Partners&#8217; deep expertise in Commercial Analytics, we&#8217;ll enable our clients to achieve greater success in their lines of business.&#8221;
&#8220;Commercial Analytics helps merchants and brands understand which consumer and commercial levers to pull, so they can drive more actionable opportunities for growth. This can ultimately improve their ability to deepen customer loyalty and attract new customers,&#8221; said Nancy Smith, CEO of Analytic Partners.
&#8220;Visa&#8217;s global footprint, deep understanding of consumer spending and commitment to responsible innovation make them a great partner in revolutionizing commercial intelligence for merchants and brands around the world.&#8221;
Last month, Visa acquired AI fraud detection firm Featurespace for an undisclosed amount, boosting real-time<a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41048142/visa-takes-on-financial-crime-acquires-ai-fraud-specialist-featurespace-strengthening-payment-se" rel="noreferrer noopener"> payments protection capabilities</a>.
The deal, expected to close in FY 2025, strengthens Visa&#8217;s commitment to enhancing network security through AI.
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: V shares are up 0.67% at $289.47 at the last check Thursday.
Image: Shutterstock/ Tony Stock
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Visa Partners With Analytic Partners To Unlock Smarter Marketing For US Merchants

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading higher premarket after it reported&nbsp;<a target="_blank" href="https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/quarterly-earnings/2024/3rd-quarter/66269bb6-ecc5-4172-b461-6b7e7cd47aab.pdf" rel="noreferrer noopener">third-quarter FY24 results</a>.
Reported revenue&nbsp;rose 7%&nbsp;year-on-year to&nbsp;$42.654 billion, beating the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41288439/jpmorganchase-reports-third-quarter-2024-financial-results" rel="noreferrer noopener">consensus of&nbsp;$41.649 billion</a>. Net revenue (managed) stood at&nbsp;$43.3 billion (+6% Y/Y) in the quarter.
Consumer &amp; Community Banking (CCB) revenue declined 3% Y/Y to&nbsp;$17.791 billion, and Commercial &amp; Investment Banking was&nbsp;$17.015 billion (+8%&nbsp;Y/Y) in the quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41278311/jpmorgan-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call" rel="noreferrer noopener">JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>
Investment Banking revenue was&nbsp;$2.4 billion, up&nbsp;29%. Investment Banking fees rose 31% year over year, led by higher fees across all products.
Asset and Wealth Management (AWM) revenue was&nbsp;$5.4 billion (+9% Y/Y), and Corporate revenue stood at&nbsp;$3.07 billion (+97% Y/Y) in the quarter.
In AWM,&nbsp;Assets under management (AUM) stood at&nbsp;$3.9 trillion, and, client assets stood at&nbsp;$5.7 trillion (up 23%), driven by higher market levels and continued net inflows.
Net interest income increased by 3% Y/Y to $23.5 billion and&nbsp;+1% Y/Y, excluding Markets. Noninterest revenue was&nbsp;$19.8 billion, up&nbsp;11% Y/Y, in the quarter.
Noninterest revenue, excluding Markets, rose 17% to $12.7 billion, fueled by lower net investment securities losses, higher asset management fees in AWM and CCB, and increased investment banking fees.
Noninterest expense increased 4% to $22.6 billion, mainly due to higher compensation and employee growth. Average loans rose&nbsp;1% Y/Y and Q/Q; average deposits were up 1% Y/Y and Q/Q.
In CCB, Debit and credit card sales volume increased by&nbsp;6% year over year, and active mobile customers were up&nbsp;7% year over year.&nbsp;In CIB, Market revenue rose&nbsp;8%&nbsp;year over year, with Fixed Income Markets flat year over year and Equity Markets up&nbsp;27%&nbsp;year over year in the quarter.
JPM's provision for credit losses was&nbsp;$3.11 billion (+125% Y/Y), including net charge-offs of&nbsp;$2.1 billion and a net reserve build of $1.0 billion.&nbsp;
Net income fell 2%&nbsp;Y/Y to&nbsp;$12.90 billion in the quarter. EPS of&nbsp;$4.37, exceeding&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of&nbsp;$4.00</a>.
The CET1 capital ratio stood at&nbsp;15.3%, and the advanced CET1 capital ratio was&nbsp;15.5%. The bank disclosed a dividend per share of $1.25 and a share repurchase of $6.0 billion.
<a target="_blank" href="https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/quarterly-earnings/2024/3rd-quarter/af682bd9-14a5-406e-94d4-a7b4c5bed345.pdf" rel="noreferrer noopener">Outlook</a>: JPMorgan now expects FY24 net interest income,&nbsp;excluding Markets, of ~$92.5 billion <a target="_blank" href="https://www.benzinga.com//node/39747860" rel="noreferrer noopener">(up from ~$91 billion earlier)</a>. The bank continues to project card&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">services NCO rate of ~3.40%.</a>
Jamie Dimon, Chairman and CEO, said, "We await our regulators' new rules on the Basel III endgame and the G-SIB surcharge as well as any adjustments to the SCB or CCAR&#8230;Regardless of the outcome of these rules, we have an extraordinarily strong balance sheet, evidenced by total loss-absorbing capacity of $544 billion plus cash and marketable securities of $1.5 trillion, while our riskiest assets, loans, total $1.3 trillion."
"On share repurchases, given that market levels are at least slightly inflated, we maintain our modest pace of buybacks, although we reserve the right to adjust this at any time."
"We have been closely monitoring the geopolitical situation for some time, and recent events show that conditions are treacherous and getting worse."
"Additionally, while inflation is slowing and the U.S. economy remains resilient, several critical issues remain, including large fiscal deficits, infrastructure needs, restructuring of trade and remilitarization of the world."
Investors can gain exposure to the stock via&nbsp;IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: JPM shares are up 1.39% at $215.79 premarket at the last check Friday.
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Photo by Katherine Welles on Shutterstock

Dividends

Buybacks

JPMorgan Chase Q3 Earnings: Investment Banking Revenue Soars 29%, Largest Bank Raises Net Interest Income Outlook

Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) shares are trading slightly higher today. On Tuesday, the company announced that South Africa will be the first market globally to benefit from<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41234894/mastercard-accelerates-the-path-toward-real-time-card-payments" rel="noreferrer noopener"> immediate Mastercard card payments</a>.
The company will introduce new standards and solutions to accelerate card transaction processing, enabling same-day payouts for South African merchants through real-time clearing and more frequent settlements.
This initiative supports economic growth and will extend to global banks, allowing real-time card payments for consumers, improving transaction speed and fund visibility.
Also, this move will support the South African Reserve Bank&#8217;s National Payments System Strategy Vision 2025, focusing on financial inclusion.
Gabriel Swanepoel, Southern Africa Country Manager, Mastercard, said, &nbsp;&#8220;By enhancing processing standards and delivering faster clearing and settlement, we aim to support small businesses with better cash flow and enable acquirers to manage liquidity more effectively.&#8221;
Mastercard is partnering with global payments technology provider ACI Worldwide to realize its vision of real-time card payments. Through this collaboration, Mastercard will enable acquirers in South Africa to swiftly and seamlessly adopt real-time transaction processing standards.
&#8220;We share Mastercard&#8217;s commitment to leveraging technology to empower the South African market with an advanced and inclusive payments system. This initiative will ultimately improve liquidity and enable faster access to funds, delivering more seamless payments experiences for local customers and businesses,&#8221; stated Bill Farris, Head of Issuing &amp; Acquiring, ACI Worldwide.
In another development, Cantaloupe, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTLP#NASDAQ">CTLP</a>) revealed the launch of&nbsp;its Advantage program. This program allows brands to engage with consumers through digital advertising on Cantaloupe&#8217;s point-of-sale (POS) touchscreen devices across the U.S. and Canada. The program&#8217;s <a target="_blank" href="https://www.benzinga.com//node/41248663" rel="noreferrer noopener">first collaborative campaign is with&nbsp;Mastercard</a><a target="_blank" href="https://www.benzinga.com//node/41248663" rel="noreferrer noopener">.</a>
Investors can gain exposure to the stock via iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;BlackRock Long-Term U.S. Equity ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELT#NASDAQ">BELT</a>).
Price Action: MA shares are up 0.36% at $498.83 at the last check Wednesday.
Photo via Shutterstock
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CTLP

Mastercard Brings Same-Day Payouts To South African Merchants: Details

JPMorgan Chase &amp; Co.&#8216;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) J.P. Morgan Asset Management penned a deal to enhance its Morgan Money offering through a strategic partnership with GLMX,<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41229723/j-p-morgan-asset-management-enhances-morgan-money-with-expanded-access-to-diverse-asset-classes" rel="noreferrer noopener"> a global money market trading platform</a>.
Morgan Money is a global trading platform that provides effective short-term investment management solutions tailored for institutional investors.
With $313 billion in assets under management as of June 30, 2024, the platform facilitates efficient liquidity and cash investment management, allowing clients to maximize outcomes with fewer resources.
This collaboration allows clients to access GLMX&#8217;s advanced trading technology directly, broadening their short-term investment options.
The integration offers a comprehensive suite of money market instruments, including money market funds, repurchase agreements, time deposits, CDs, commercial paper, and government securities.
Glenn Havlicek, CEO and Co-founder of GLMX, said, &#8220;This collaboration with J.P. Morgan Asset Management is a result of investors&#8217; desire to access the entire investable universe of short-term instruments with a seamless experience.&#8221;
&#8220;We bring GLMX&#8217;s&nbsp;$3 trillion&nbsp;ecosystem to J.P. Morgan&#8217;s client base as we seek to collaborate with industry leaders to provide innovative and easily accessible solutions for our collective clients.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41185532/jp-morgan-takes-stake-in-australian-casino-operator-star-entertainment-details" rel="noreferrer noopener">JP Morgan Takes Stake In Australian Casino Operator Star Entertainment: Details</a>
Last week, J.P. Morgan expanded its Canadian business with the launch of two active ETFs <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41144035/j-p-morgan-launches-new-etfs-plans-to-add-jobs-in-canada" rel="noreferrer noopener">on the Toronto Stock Exchange</a>.
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: JPM shares are down 0.07% at $210.78 at the last check Tuesday.
Image via Shutterstock
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</ul>

J.P. Morgan Teams Up With GLMX To Supercharge Short-Term Investment Options

JP Morgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading higher on Friday. On October 1, 2024, the company became a substantial shareholder in The Star Entertainment Group Limited, acquiring <a target="_blank" href="https://www.starentertainmentgroup.com.au/wp-content/uploads/2024/10/03-OCT-2024-ASX-Announcement-Notification-of-Substantial-Shareholding.pdf" rel="noreferrer noopener">156.99 million </a>ordinary shares, representing 5.47% voting power.
Star Entertainment is an Australian casino operator. The company has been in troubled waters due to liquidity issues, and shares dipped by 66% in 2023, reported Reuters.
Star Entertainment owns and operates The Star Sydney, The Star Gold Coast and Treasury Brisbane. It also manages the Gold Coast Convention and Exhibition Centre on behalf of the Queensland Government.
This week, JP Morgan expanded its Canadian business by launching two active ETFs on the Toronto Stock Exchange. The new ETFs target income-focused Canadian investors, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41144035/j-p-morgan-launches-new-etfs-plans-to-add-jobs-in-canada" rel="noreferrer noopener">offering capital appreciation and steady income</a>.
Along with this, JP Morgan planned to expand its asset management business in Canada, expecting to add up to 20 jobs over the next 18 months.
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: JPM shares are up 1.73% at $208.78 at the last check Friday.
Photo by Katherine Welles on Shutterstock
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JP Morgan Takes Stake In Australian Casino Operator Star Entertainment: Details

JP Morgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading marginally higher on Wednesday. On Tuesday, J.P. Morgan Asset Management disclosed the expansion of its <a target="_blank" href="https://www.newswire.ca/news-releases/j-p-morgan-asset-management-launches-first-etfs-in-canada-828827983.html" rel="noreferrer noopener">Canadian </a>business with the launch of two active ETFs.
This launch strengthens JPMAM&#8217;s presence in Canada and provides increased access to global investment strategies through financial advisors.
Starting October 1, 2024, Canadian investors can access the JPMorgan US Equity Premium Income Active ETF (TSX:<a class="ticker" href="https://www.benzinga.com/stock/JEPI#TSX">JEPI</a>) and the JPMorgan Nasdaq Equity Premium Income Active ETF (TSX:<a class="ticker" href="https://www.benzinga.com/stock/JEPQ#TSX">JEPQ</a>) on the Toronto Stock Exchange.
In line with JPMAM&#8217;s strategy, the two ETFs target equities for potential capital appreciation and steady income, appealing to income-focused Canadian investors.
Travis Hughes, Head of&nbsp;Canada, J.P. Morgan Asset Management, said, &#8220;The introduction of the J.P. Morgan ETFs in&nbsp;Canada&nbsp;is an important advancement of our&nbsp;Canada&nbsp;market strategy, with these offerings representing the first of a broad suite of active ETF solutions we plan to deliver over time.&#8221;
&#8220;As home to the first ETF,&nbsp;Canada&nbsp;is an ideal market for these offerings. The listing of JEPI and JEPQ is a significant milestone for JPMAM as it brings focus to both the firm&#8217;s success as an active manager and the breadth and depth of its global products.&#8221;
Along with this launch, JP Morgan plans to expand its asset management business in Canada, expecting to add up to 20 jobs over the next 18 months, reported Reuters.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40962425/jp-morgan-targets-uk-with-fresh-credit-card-offering-report" rel="noreferrer noopener">JP Morgan Targets UK With Fresh Credit Card Offering: Report</a>
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: JPM shares are up 0.14% at $207.33 at the last check Wednesday.
Photo by Katherine Welles on Shutterstock
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<li><a href="https://www.benzinga.com/news/24/09/40967938/jpmorgan-ceo-jamie-dimon-calls-for-federal-employees-to-return-to-office-says-empty-buildings-bother" target="_blank" rel="noreferrer noopener">JPMorgan CEO Jamie Dimon Calls For Federal Employees To Return To Office, Says Empty Buildings &#8216;Bother&#8217; Him: &#8216;I Can&#8217;t Believe&#8230;&#8217;</a></li>
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JEPI

JEPQ

TSX:JEPI

TSX:JEPQ

J.P. Morgan Launches New ETFs, Plans To Add Jobs In Canada

Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) shares are trading higher on Thursday. The company inked a deal to acquire<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b41046498/visa-to-acquire-featurespace" rel="noreferrer noopener"> </a><a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b41046498/visa-to-acquire-featurespace" rel="noreferrer noopener">Featurespace </a><a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b41046498/visa-to-acquire-featurespace" rel="noreferrer noopener">for an undisclosed amount</a>.
Featurespace is a developer of real-time AI payments protection technology that addresses fraud and financial crime risks.
This acquisition is expected to enhance Visa&#8217;s portfolio of fraud detection and risk-scoring solutions, supporting clients globally in growing and safeguarding their businesses.
The partnership between Visa and Featurespace is projected to empower clients to manage fraud in real-time and strengthen the payments ecosystem through AI-driven solutions.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40996656/visa-reportedly-faces-doj-antitrust-lawsuit-alleging-monopolization-of-us-debit-card-market-amid" rel="noreferrer noopener">Visa Reportedly Faces DOJ Antitrust Lawsuit Alleging Monopolization Of US Debit Card Market Amid Regulatory Crackdown</a>
This investment underscores Visa&#8217;s commitment to ecosystem security, having invested billions in technology over the past five years to reduce fraud and enhance network security.
The transaction, which is subject to standard closing conditions, is expected to close in fiscal year 2025.
Antony Cahill, Global Head of Value-added Services at Visa, stated, &#8220;Providing our clients with solutions that can adapt to and anticipate the changing threat landscape is of the utmost importance. Featurespace&#8217;s strong foundation in AI will enhance our existing product portfolio and enable us to address our clients&#8217; most complex and pressing challenges.&#8221;
As of June 30, Visa&#8217;s cash and cash equivalents <a target="_blank" href="https://s1.q4cdn.com/050606653/files/doc_financials/2024/q3/Q3-2024-Earnings-Release_vF.pdf" rel="noreferrer noopener">stood </a>at $19.7 billion.
This month, Visa planned to launch an account-to-account (A2A) payment service in the U.K. in early 2025, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40728834/whats-going-on-with-visa-stock-premarket-thursday" rel="noreferrer noopener">using open banking technology</a>.
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: V shares are up 1.21% at $272.91 at the last check Thursday.
Image from Shutterstock
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41030472/visa-stock-has-near-term-overhang-from-doj-antitrust-lawsuit-analyst-picks-3-stocks" target="_blank" rel="noreferrer noopener">Visa Stock Has Near-Term &#8216;Overhang&#8217; From DOJ Antitrust Lawsuit: Analyst Picks 3 Stocks To Benefit</a></li>
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Visa Takes On Financial Crime: Acquires AI Fraud Specialist Featurespace, Strengthening Payment Security

JP Morgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading higher on Friday. The bank reportedly started internal testing of a new credit card product.
The move comes as a part of plans to expand its offerings to U.K. consumers, <a href="https://www.bloomberg.com/news/articles/2024-09-20/jpmorgan-begins-testing-uk-credit-cards-in-latest-overseas-foray?srnd=homepage-Americas&amp;sref=TBDibEcD" target="_blank" rel="noreferrer noopener">reported </a>Bloomberg. The bank&#8217;s senior executives are said to be testing the credit cards within their mobile apps.
A person familiar with the matter said to Bloomberg that the product has been under development for over a year.
The new credit card will be added alongside investment products from JPMorgan&#8217;s digital wealth manager, Nutmeg, on its U.K. retail app, the report noted.
Notably, Nutmeg is the U.K.&#8217;s first and now largest digital wealth manager and serves over 200,000 <a target="_blank" href="https://www.chase.co.uk/gb/en/product/invest-with-nutmeg/" rel="noreferrer noopener">customers</a>, per the company&#8217;s website.
In July, the bank&nbsp;warned its 86 million customers to prepare for potential <a target="_blank" href="https://www.benzinga.com/government/24/07/39645336/largest-consumer-bank-chase-hints-increased-cost-to-consumers-for-everyday-banking-services" rel="noreferrer noopener">new charges on their bank accounts</a>.
This week, as per a report, JPMorgan is reportedly in talks with Apple about taking over its credit card program. The discussions began earlier this year <a target="_blank" href="https://www.benzinga.com/news/24/09/40907844/jpmorgan-in-talks-to-take-over-apple-credit-card-what-investors-need-to-know" rel="noreferrer noopener">and have advanced in recent weeks</a>.
Notably, Goldman Sachs is the current card issuer, but Apple and Goldman decided to part ways last year in their partnership, which included credit cards and savings accounts.
Investors can gain access to the stock via&nbsp;iShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund – Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
Price Action: JPM shares are down 0.04% at $210.40 at the last check Friday.
Image via Shutterstock

AAPL

JP Morgan Targets UK With Fresh Credit Card Offering: Report

Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) shares are<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener"> trading lower on Thursday.</a>
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, MA stock has gained over 19% in the past year. Investors can gain exposure to the stock via iShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;BlackRock Long-Term U.S. Equity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELT#NASDAQ">BELT</a>).
Safaricom and Mastercard have forged a partnership aimed at boosting the adoption of payment acceptance and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40939900/safaricom-and-mastercard-partner-to-expand-remittances-and-payment-acceptance-to-over-636-000-merc" rel="noreferrer noopener">cross-border remittance services in Kenya.</a>
&#8220;We are proud to partner with Safaricom to build an inclusive digital economy that works for everyone, everywhere. We will enable the merchants to grow and contribute to the Kenyan economy,&#8221;&nbsp;said Amnah Ajmal, Executive Vice President, EEMEA, Mastercard.
Also Read:<a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39621550/mastercard-and-ant-group-expand-digital-payment-zones-in-western-chinese-cities-details" rel="noreferrer noopener"> Mastercard and Ant Group Expand Digital Payment Zones In Western Chinese Cities: Details</a>
This collaboration is expected to benefit more than 636,000 merchants utilizing M-PESA, Safaricom&#8217;s premier mobile money service.
By utilizing M-PESA&#8217;s vast merchant network alongside Mastercard&#8217;s global payment infrastructure, this partnership aims to provide merchants with seamless, secure, and scalable payment solutions, allowing them to reach customers in international markets.
Additionally, it will enhance remittance services, facilitating efficient cross-border transactions.
&#8220;By combining our expertise with Mastercard&#8217;s global acceptance network, we are enabling businesses to provide more efficient and frictionless payment solutions to their customers, both in Kenya and beyond,&#8221; said&nbsp;Esther Waititu, Chief Financial Services Officer, Safaricom.
Price Action: MA shares were down 0.13% at $494.11 at the last check Thursday.
Photo via Shutterstock
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Safaricom, Mastercard Team Up To Supercharge Cross-Border Payments And Merchant Growth In Kenya

원격 근무와 사무실 근무 의무에 대한 논쟁이 계속되는 가운데, 비바 시스템즈(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>), 클라우드 기반 소프트웨어 회사가 주목받고 있습. 이는 원격 근무(WFH) 정책을 수용하는 것이 어떻게 <a href="https://www.benzinga.com/top-stories/24/09/40887347/amazon-to-cut-management-layers-end-work-from-home" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">성공적인 전략이 될 수 있는지</a>를 보여주는 대표적인 사례이다.
비바는 2024년 원격 채용 공고가 가장 많았으며 연간 급여가 55,000~300,000달러에 달하는 역할을 제공했다고 포춘(Fortune)이 <a href="https://fortune.com/2025/01/24/veeva-most-remote-job-postings-wfh-rto/" target="_blank" rel="noreferrer noopener">보도</a>하며 플렉스잡스(FlexJobs)를 인용했다. 이는 유연성을 추구하는 구직자들에게 회사를 매우 매력적으로 만들었다. 특히 고용 시장이 보수가 좋은 원격 기회에 여전히 굶주려 있기 때문에 더욱 그렇다.
원격 근무가 주식 수익률을 높일까?
비바의 원격 근무 성공 사례는 직원들에게만 이로운 것이 아니라, 포춘이 덧붙인 바와 같이 건전한 비즈니스 전략이기도 하다. 연구에 따르면, 원격 근무 옵션을 제공하는 회사들이 더 나은 주식 수익률을 기록하고 더 높은 질의 인재를 유치하는 경향이 있다.
멜버른 대학교의 금융학 조교수 가브리엘레 라탄지오(Gabriele Lattanzio)가 발표한 <a href="https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=SIEP2021&amp;paper_id=58" target="_blank" rel="noreferrer noopener">논문</a>에 따르면, 원격 근무를 제공하는 회사들이 시장을 초과하여 7.44% 더 높은 수익률을 기록했다.
이러한 회사들은 또한 더 좋은 수익 결과와 긍정적인 주가 반응을 보였다.
<a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" target="_blank" rel="noreferrer noopener">벤징가 프로</a>에 따르면, VEEV 주식은 지난 1년 동안 7% 이상 상승했다. 투자자들은 First Trust Nasdaq Lux Digital Health Solutions ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EKG#NASDAQ">EKG</a>)를 통해 이 주식에 투자할 수 있다.
비바의 원격 근무 유연성 vs JP모건의 사무실 의무:
2007년에 설립된 비바의 원격 중심 접근 방식은 회사의 문화에 처음부터 뿌리내려 있었다. 창립자들이 회사 초기 몇 년 동안 서로 다른 도시에서 운영되었기 때문이다.
하지만 비바의 전략은 직원의 반발에 직면한 JP모건 체이스 &amp; 컴퍼니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)와는 뚜렷한 대조를 이룬다. JP모건은 최근 직원들에게 주 5일 사무실 복귀를 요구하는 의무를 부과하여 큰 반발을 사고 있다. 이는 포춘이 이달 초 보도한 바 있다.
JPM 주식은 지난 1년 동안 53% 이상 상승했다. 투자자들은 iShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>)를 통해 이 주식에 투자할 수 있다.
실제로 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) 및 골드만삭스 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)과 같은 주요 기업들은 직원들의 광범위한 저항에도 불구하고 사무실 복귀(RTO) 정책을 추진하고 있다.
이 회사의 직원들은 불만을 표시하며, 일부는 청원이나 퇴사를 통해 항의하기도 했다고 포춘이 덧붙였다.
일의 미래: 원격 근무가 자리잡을 수 있을까?
연구에 따르면, 주 2일 재택 근무를 하는 직원들은 매일 사무실에 출근하는 직원들과 동일한 생산성을 보인다고 한다. 이는 포브스가 Resume.org의 설문조사를 인용하여 보도한 내용이다. 그럼에도 불구하고, 28%의 비즈니스 리더가 2025년까지 100% 대면 근무를 강제할 계획인 반면, 2%만이 주 1일 미만의 사무실 근무를 허용할 것이다.
일의 미래가 진화함에 따라, 비바의 원격 근무를 통한 직원 행복과 생산성에 대한 집중은 점점 더 경쟁이 치열해지는 노동 시장에서 회사를 차별화하고 있다.

다음 읽기:
<a href="https://www.benzinga.com/markets/equities/25/01/43216784/doug-ford-takes-on-trump-ontario-premier-threatens-swift-retaliation-in-trade-war">더그 포드가 트럼프에게 도전: 온타리오 주지사가 무역 전쟁에서 신속한 보복을 위협합니다</a>
이미지 출처: Shutterstock
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Benzinga Pro의 14일 무료 체험을 통해 독점 뉴스 기사를 이용할 수 있어 수백만 명의 다른 트레이더보다 먼저 실행 가능한 거래 뉴스를 얻을 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

하나의 발언이 JP모건 체이스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)의 주식을 화요일 장 중 최대 <a href="https://www.benzinga.com/markets/equities/24/09/40797360/jpmorgan-hires-new-managing-directors-for-mid-cap-investment-banking-division-report">7.5% 하락</a>시킨 것일까?
그런 것 같다. JP모건의 최고 운영책임자(COO) 다니엘 핀토(Daniel Pinto)가 화요일 업계 행사에서 내년 비용과 순이자소득(NII)에 대한 애널리스트 예측을 완화하였다.
블룸버그에 따르면 현재 NII 컨센서스인 895억 달러는 금리 예측에 비추어 볼 때 &#8220;그다지 합리적이지 않다&#8221;고 그가 <a href="https://www.bloomberg.com/news/articles/2024-09-10/jpmorgan-shares-slide-as-pinto-says-analysts-are-too-optimistic?srnd=homepage-americas&amp;sref=TBDibEcD" target="_blank" rel="noopener">말했다</a>. NII는 &#8220;더 낮아질 것&#8221;이라고 그가 덧붙였다.
그 결과, 주가는 2020년 6월 이후 가장 큰 폭으로 하락하였다.
그러나 이번 주에 비관적인 말을 한 은행 임원은 핀토뿐만이 아니었다.
골드만삭스 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)의 CEO인 데이비드 솔로몬(David Solomon)은 월요일 회사의 트레이딩 매출이 3분기에 10% 감소할 것으로 예상된다고 말했다. 화요일 이 회사 주가는 4.39% 하락한 467.13달러에 마감했다.
앨리 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>)의 주가도 17.62% 하락한 32.67달러에 마감했다.
이 회사는 자동차 연체율과 순 상각액이 예상보다 높았음을 확인하여 주가를 2020년 3월 이후 최대 하락폭을 기록했으며, 소비자 대출 기관인 캐피털 원 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>)와 싱크로니 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)의 주가도 함께 하락했다.
24개 기업으로 구성된 KBW 은행 지수는 연준이 업계 반발 이후 대형 기업에 대한 더 높은 자본 요구 사항을 절반으로 줄이겠다고 발표했음에도 불구하고 3.5% 하락했다.
JP모건은 NII가 2분기에 대한 분석가들의 추정치를 놓쳤을 뿐만 아니라 예상보다 높은 비용을 보고했다.
핀토는 또한 화요일에 2025년 비용에 대한 기대가 너무 미미하며 3분기 투자 은행 수수료가 15% 증가하는 반면 시장 매출은 2%만 증가해 분석가 예측보다 낮을 수 있다고 말했다.
주가 움직임: JP모건의 주식은 화요일 5.21% 하락하여 205.56달러에 마감되었다.
<ul>
<li>IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>)는 1.11% 하락했다.</li>
<li>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)는 1.02% 하락했다.</li>
<li>iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>)는 1.00% 하락했다.</li>
</ul>
지금 읽어보세요:
<ul>
<li><a href="https://www.benzinga.com/general/24/08/40656492/high-stakes-innovation-is-ai-in-banking-worth-the-gamble">고위험 혁신: 은행의 AI, 그 가치는?</a></li>
</ul>
이미지 출처: Shutterstock
다른 트레이더들보다 30분 일찍 독점 시장 움직임 뉴스를 받아보세요 
Benzinga Pro의 14일 무료 체험을 통해 독점 뉴스 기사를 이용할 수 있어 수백만 명의 다른 트레이더보다 먼저 실행 가능한 거래 뉴스를 얻을 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

마스터카드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>)가 전 세계 인력을 3% 감축할 계획인 것으로 알려져 이 회사의 주식이 월요일 하락했다.
2023년 기준 마스터카드의 보고된 직원 수 약 33,400명을 기준으로 이번 감축은 약 1,000명의 직원에게 영향을 미칠 것으로 예상된다.
마스터카드는 대부분의 일자리 감축이 9월 30일까지 완료될 것으로 예상하고 있다고 <a href="https://www.bloomberg.com/news/articles/2024-08-16/mastercard-plans-to-cut-3-of-staff-worldwide-amid-overhaul?sref=TBDibEcD" target="_blank" rel="noopener">블룸버그</a>가 보도했다.
이 회사의 대변인이 블룸버그에 보낸 이메일 성명에서 &#8220;우리는 최근 조직 변화를 발표하여 성장을 가속화하고 장기적인 기회에 투자할 수 있는 역량을 확보하기 위해 지역과 비즈니스를 재편성했다&#8221;고 말했다.
이에 따라 &#8220;이러한 변화가 이루어지면 회사는 성장 분야에 자원을 재배치할 예정&#8221;이라고 덧붙였다.
지난 7월, 마스터카드는 회계연도 2분기 순이익을 70억 달러로 보고했는데, 이는 분석가들의 합의 추정치인 68억 5천만 달러를 넘어섰다. 조정 주당 순이익(EPS)은 24% 증가한 3.59달러로 <a href="https://www.benzinga.com/news/earnings/24/07/40069076/mastercard-q2-earnings-revenue-and-profit-beat-rise-in-discretionary-consumer-spending-and-travel-b" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">분석가 예상치인 3.51달러</a>를 넘어섰다.
지난 7월 마스터카드는 70억 달러로 재무 2분기 순 매출을 발표했으며 이는 분석가 평균 예상치인 68억 5000만 달러를 상회했습니다. 이에 따라 조정된 주당순이익은 24% 상승한 3.59달러로 집계됐으며, 이 또한 분석가 예상치인 3.51달러를 상회했습니다.
투자자들은 선택된 iShares U.S. Financial Services ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>)와 Financial Select Sector SPDR Fund(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)를 통해 이 주식에 노출될 수 있다.
분석: <a href="https://www.benzinga.com/news/earnings/24/08/40110078/mastercard-analysts-increase-their-forecasts-following-upbeat-results" target="_blank" rel="noopener">마스터카드 분석가들은 낙관적인 결과에 따라 예측을 상향 조정</a>
주가 움직임: 마스터카드의 주식은 월요일 0.36% 하락한 466.98달러에 마감되었다.
Photo via Shutterstock
다음 읽기: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40111848/mastercard-outperforms-visa-in-q2-analysts-highlight-defensive-edge-in-spending-volatility" target="_blank" rel="noopener">마스터카드는 2분기에 비자를 능가, 분석가들은 지출 변동성에 있어 방어적인 우위를 강조</a></li>
</ul>
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

4월이 끝나가면서 <a href="https://www.benzinga.com/etfs" target="_blank" rel="noopener">이번 달</a>의 최고 성과 부문 및 업계 상장지수펀드(ETF) 순위를 집계할 때가 되었다.
주식 시장을 더 폭넓게 살펴보면 SPDR S&amp;P 500 ETF Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)로 대표되는 S&amp;P 500 지수는 약 3% 하락하며 4월을 하락세로 마감했다. 이로써 5개월 연속 상승세가 끝났다.
마찬가지로, Invesco QQQ Trust(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)가 추적하는 기술주 중심의 나스닥 100 지수는 3.5% 하락했다.
대형주 지수 중에서 우량주는 SPDR Dow Jones Industrial Average ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)가 4.5% 하락하는 등 저조한 성과를 보였다.
iShares Russell 2000 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>)로 대표되는 소형주는 6% 이상 급락하여 2023년 10월 이후 최악의 실적을 기록했다.
전반적으로 이번 달은 예상을 뛰어넘는 인플레이션으로 인해 주식시장에 어려운 달이었다. 이로 인해 연방준비제도(연준)의 금리 인하 가능성에 대한 시장 기대가 재조정되었다.
또한 현재 진행 중인 가자지구 문제와 함께 특히 이스라엘과 이란 간의 복잡한 글로벌 지정학적 긴장이 대두되고 있다.
5월은 투자자들이 수요일 연준의 공개시장위원회(FOMC) <a href="https://www.benzinga.com/general/macro-notification/24/04/38526201/is-hawkish-shift-on-inflation-imminent-wall-street-analysts-traders-brace-for-fed-impa">회의</a>를 기다리면서 중요한 행사로 시작될 것으로 예상된다.
금리 변동은 없을 것으로 예상되지만 최근 인플레이션에 대한 대응으로 연준의 입장을 평가하기 위한 제롬 파월 연준 의장의 발언에 모든 ​​관심이 쏠릴 것이다.
<h2 class="wp-block-heading">2024년 4월 섹터 ETF의 성과</h2>
섹터수준에서는 유틸리티 섹터만 이번 달 손실을 피해 2.1% 상승했다.
4월에 유틸리티 섹터의 가장 큰 주식 공헌자는 넥스트에라 에너지(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), 서던 컴퍼니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>), 도미니언 에너지(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) 및 NRG 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)로 4%에서 8% 사이의 월간 상승을 보여주었다.
에너지 주식들은 전반적으로 안정적이었으며, S&amp;P 500의 다른 9개의 섹터들은 모두 손실을 보여주었다.
부동산은 한 달 동안 국채 수익률이 전반적으로 상승함에 따라 금리에 대한 높은 민감도로 인해 7% 이상 하락하는 최악의 실적을 기록했다.
부동산 다음으로, 기술 및 헬스케어 섹터 역시 4월에는 좋지 않은 성과를 보였다.
<h4 class="wp-block-heading">4월의 최고와 최악의 섹터 ETF: 유틸리티 우위, 부동산 부진</h4>
<figure class="wp-block-table is-style-stripes">
<table style="overflow:auto; height: 90px; display: block;">
<thead>
<tr>
<th>Sector</th>
<th>April 2024 performance</th>
</tr>
</thead>
<tbody>
<tr>
<td>유틸리티 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>)</td>
<td>2.06%</td>
</tr>
<tr>
<td>에너지 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td>
<td>0.01%</td>
</tr>
<tr>
<td>생필품 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>)</td>
<td>-1.11%</td>
</tr>
<tr>
<td>산업 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>)</td>
<td>-3.23%</td>
</tr>
<tr>
<td>생활소비재 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)</td>
<td>-3.68%</td>
</tr>
<tr>
<td>금융섹터 셀렉트 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td>
<td>-3.85%</td>
</tr>
<tr>
<td>소재 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td>
<td>-4.13%</td>
</tr>
<tr>
<td>통신서비스 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)</td>
<td>-4.24%</td>
</tr>
<tr>
<td>기술 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td>
<td>-4.78%</td>
</tr>
<tr>
<td>건강관리 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>)</td>
<td>-4.85%</td>
</tr>
<tr>
<td>부동산 셀렉트 섹터 SPDR 펀드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>)</td>
<td>-7.83%</td>
</tr>
</tbody>
</table><figcaption class="wp-element-caption">2024년 4월 30일 오후 2시 50분 EDT 기준</figcaption></figure>
<h2 class="wp-block-heading">2024년 4월 산업 ETF의 성과</h2>
블랙록(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>)의 iShares가 제공하는 업계 ETF 목록에 따르면 25개 산업 중 5개 산업만이 4월에 상승세를 기록했다. 그중 광업주들은 은, 구리, 금 광산주가 강력한 상승세를 보이는 등 전반적으로 좋은 성적을 거두었다.
4월에 광업 산업의 개수의 존재의 의미있는 기여자들은 팬 아메리칸 실버 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NYSE">PAAS</a>)가 20% 이상 상승, 뉴몬트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)이 14% 상승, 앵글로 아메리칸(OTCPK:AAUKF)이 40% 이상 상승 등이었다.
에너지 생산업체들도 상승 마감할 수 있었다.
업계 순위에서 가장 낮은 부분에 있는 주택 건설업체, 운송, 생명공학 주식, 디지털 인프라 및 부동산은 모두 4월에 7%에서 9.6% 사이의 손실을 보고했습니다.
On the bottom side of the industry rankings, homebuilders, transportation, biotech stocks, digital infrastructure and real estate all report losses between 7% and 9.6% in April.
산업순위의 하위권에서는, 4월에 홈빌더, 운송, 바이오 기술 주식, 디지털 인프라 및 부동산이 각각 7%에서 9.6% 사이의 손실을 보고 있다.
<figure class="wp-block-table is-style-stripes">
<table style="overflow:auto; height: 90px; display: block;">
<thead>
<tr>
<th></th>
<th>성과</th>
</tr>
</thead>
<tbody>
<tr>
<td>iShares MSCI 글로벌 실버 및 금속 채광업 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLVP#NYSE">SLVP</a>)</td>
<td>12.11%</td>
</tr>
<tr>
<td>iShares Copper and Metals Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COPX#NYSE">COPX</a>)</td>
<td>9.50%</td>
</tr>
<tr>
<td>iShares MSCI 글로벌 금괴 채굴업 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RING#NYSE">RING</a>)</td>
<td>5.93%</td>
</tr>
<tr>
<td>iShares MSCI 글로벌 금속 및 광업 생산업체 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PICK#NYSE">PICK</a>)</td>
<td>2.81%</td>
</tr>
<tr>
<td>iShares MSCI_Global_Energy_Producers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FILL#NYSE">FILL</a>)</td>
<td>2.46%</td>
</tr>
<tr>
<td>iShares U.S. Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITA#NYSE">ITA</a>)</td>
<td>-1.16%</td>
</tr>
<tr>
<td>한미파이 체인지 트럼프 월가 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEO#NYSE">IEO</a>)</td>
<td>-1.37%</td>
</tr>
<tr>
<td>아이쉐어스 레지던셜 앤 멀티섹터 부동산 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REZ#NYSE">REZ</a>)</td>
<td>-1.66%</td>
</tr>
<tr>
<td>iShares 리튬 채광 및 생산업체 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ILIT#NYSE">ILIT</a>)</td>
<td>-3.30%</td>
</tr>
<tr>
<td>iShares U.S. 브로커-딜러 및 유가증권 거래소 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAI#NYSE">IAI</a>)</td>
<td>-3.74%</td>
</tr>
<tr>
<td>iShares U.S. 금융 서비스 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>)</td>
<td>-3.88%</td>
</tr>
<tr>
<td>iShares 확장된 기술 섹터 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGM#NYSE">IGM</a>)</td>
<td>-4.37%</td>
</tr>
<tr>
<td>iShares 반도체 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>)</td>
<td>-4.40%</td>
</tr>
<tr>
<td>iShares U.S. Healthcare Providers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHF#NYSE">IHF</a>)</td>
<td>-4.79%</td>
</tr>
<tr>
<td>iShares U.S. 보험 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAK#NYSE">IAK</a>)</td>
<td>-4.85%</td>
</tr>
<tr>
<td>iShares U.S. Regional Banks ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAT#NYSE">IAT</a>)</td>
<td>-5.11%</td>
</tr>
<tr>
<td>iShares U.S. Pharmaceuticals ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHE#NYSE">IHE</a>)</td>
<td>-5.38%</td>
</tr>
<tr>
<td>iShares U.S. Oil Equipment &amp; Services ETF (NYSE:&lt;</td>
</tr>
</tbody>
</table>
</figure>

Biotech

Market Summary

Mid Cap

REIT

Sector ETFs

Broad U.S. Equity ETFs

Specialty ETFs

Health Care

Commodities

Small Cap

Econ #s

Federal Reserve

Real Estate

AAUKF

COPX

FILL

IDGT

ILIT

PAAS

PICK

RING

SLVP

SOXX

XLRE

월가에 소나기 내린 4월: 우울한 시장에 광업 및 유틸리티 부문이 상승하며 부상

소비자들이 <a href="https://www.benzinga.com/topic/credit-cards">신용카드 청구서를</a> 지불하는 데 어려움을 겪고 있다.
현황 (What Happened): 필라델피아 연방준비은행(연준)의 최근 보고서에 따르면, 2023년 4분기 기준 신용카드 연체율이 사상 최고치에 도달했다.
이 기관은 2012년부터 신용카드 관련 데이터를 분석해 왔다. 그 이후 지난해 4분기는 신용카드 회사들에게는 최악의 결과를 가져왔다.
거의 3.5%의 신용 카드 사용자가 만기일로부터 30일이 지나도 잔액을 지불하지 않았으며, 60일 이상 및 90일 이상 범주에서도 기록적이었다.
일부 사용자들의 경우, 잔액이 걱정스러운 수치에 도달했다. 적어도 10%의 차입자들은 5,200달러 이상의 계좌 잔액을 가지고 있으며, 25%는 2,000달러 이상의 잔액을 가지고 있다.
참조: <a href="https://www.benzinga.com/money/best-credit-cards-for-cash-back">2024년 4월 최고의 캐시백 신용카드 상위 10개</a>
중요도 (Why It Matters): 신용카드 이용자들 중 하위 25%의 신용점수가 악화되고 있다. 이에 대응해 신용카드 발급사들은 새로나온 카드의 한도를 낮추고 있다.
2023년 내내 신용카드 새로 발급한 카드의 중위 한도는 3,368달러에서 3,000달러로 떨어졌다.
필라델피아 연은은 카드 사용자들 사이의 스트레스가 결제 행동으로 변화되었다고 밝혔다. 최소 결제액 회수의 비중이 0.34% 상승하여 기록된 데이터 중 새로운 최고치에 이르렀다.
2023년 4분기 신용카드 잔액도 명목상 최고치에 달했지만, 인플레이션 조정을 고려하면 2019년 4분기보다 낮은 수치로 유지되었다. 보통 신용카드 잔액은 연말에 휴가 구매 및 기타 지출로 인해 증가한다.
필라델피아 연은의 이번 보고서는 신용 카드 시장의 최신 동향과 일치한다. 신용카드 회사들이 수수료 구조에 대한 주요 변경 사항을 발표하면서 <a href="https://www.benzinga.com//node/38149540">대부분의 인구가 보다 엄격한 신용 카드 환경에 대비 중</a>이라는 사실도 재차 확인됐다.
지난주에는 마스터카드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>)가 <a href="https://www.benzinga.com/news/24/04/38090169/mastercard-set-to-increase-credit-card-fees-adding-millions-in-costs-for-retailers-after-visa-settle">신용카드 요금을 인상한다고 발표했다</a>. 이는 비자(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)와 함께 미국 상인들과의 <a href="https://www.benzinga.com/markets/equities/24/03/37939460/visa-and-mastercard-settle-historic-antitrust-suit-with-us-merchants-whats-on-the-cards" target="_blank" rel="noopener">과징금</a>에 따른 손실 보상을 위한 노력의 일환이다.
연체율 상승에 가장 큰 영향을 받을 가능성이 높은 것은 바로 신용카드 발급사들이다.
머니긱(MoneyGeek)에서 <a href="https://www.moneygeek.com/credit-cards/analysis/largest-credit-card-issuers/" target="_blank" rel="noopener">인용한</a> 닐슨(Nilson) 보고서에 따르면 JP모건 체이스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)는 거의 1억 5천만 명에 달하는 카드 소지자 수를 보유한 최대 발행사이다.
그 뒤로는 캐피털 원 파이낸셜 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), 씨티그룹 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), 디스커버 파이낸셜 서비스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>), 뱅크 오브 아메리카 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) 및 아메리칸 익스프레스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)가 뒤를 따른다.
지난 2월에는 캐피털 원이 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37218624/why-capital-one-discover-merger-is-a-threat-to-visa-mastercard-creation-of-new-cred">디스커버를 350억 달러에 인수하기로 하는 것을 발표했다</a>. 만약 이 합의가 이루어진다면, 이 합병된 기업은 1억 7천만명의 카드 소지자를 보유한 국내 최대의 신용카드 회사가 될 것이다.
이번 주 초, 미 상원 원내대표인 척 슈머 (Chuck Schumer)는 이번 합병에 대한 <a href="https://www.benzinga.com/m-a/24/02/37230472/democrats-slam-capital-one-discover-merger-this-wall-street-deal-is-dangerous-and-will-harm-working">다른 민주당 의원들의 발언을 반복해 이번 합병이 일반 사용자들에게 미칠 영향에 대해 우려를 표했다</a>.
&#8220;신용카드 시장에서 경쟁력이 줄어들면 카드 소유자에게는 더 높은 이자율, 더 높은 수수료, 더 높은 벌금 및 그 이상이 의미될 수 있다&#8221;고 슈머가 말했다.
iShares US Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>)는 JP모건 체이스, 마스터카드, 비자, 뱅크 오브 어메리카, 웰스 파고 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)를 포함한 신용카드 기업들과 발급사들에 대한 가장 큰 노출을 지닌 ETF 중 하나다.
Financial Select Sector SPDR Fund(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)는 동일한 기업에 대한 노출이 큰 비슷한 포트폴리오를 가지고 있다.
Unsplash의 <a href="https://unsplash.com/photos/white-and-blue-magnetic-card-RJQE64NmC_o?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">이미지</a>는 여기를 클릭하세요.

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