Banking & Finance

No, You Can’t Have a Personal Account at the Federal Reserve Bank

While the ways of the U.S. Federal Reserve Bank may be shrouded in arcane details about interest rates, inflation and monetary policy, one thing is absolutely clear: individuals cannot establish ...
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How Analysts Rate Brighthouse Financial After Its MetLife Spin-Off

There are many times that the investing community has dealt with an area of investing called "special situations" investing. This is when companies are undergoing a major change or have the ...
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What Pushed Bitcoin Market Cap Above $50 Billion?

The value of a bitcoin has surged above $3,000, which makes the market cap of the total value of the currency $52 billion. In the past year, the value of ...
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Consumer Reports: These Credit Cards Offer Best Cash Back Deals

Over the past few years, the percentage of credit cards that offer cash back reward programs has doubled. About half of all credit cards now offer some cash back reward ...
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The Wild Ride That Is Bitcoin Is Gaining in Popularity: Here’s a Primer on What It Is

The digital currency bitcoin has been in the news recently, and not for the right reasons. A Russian man this week was charged with operating a black market bitcoin exchange ...
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Were PayPal’s Q2 Earnings Good Enough?

When PayPal Holdings Inc. (NASDAQ: PYPL) reported its second-quarter financial results after the markets closed on Wednesday, the online payment giant posted $0.46 in earnings per share (EPS) and $3.14 ...
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With Earnings Over, Deutsche Bank Says Buy These Top Banks Now

While there are still plenty of earnings reports to come, the financials for the most part are done for the quarter, and analysts have had a chance to review that ...
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Synchrony Financial Continues to Post Solid Growth in Q2

Synchrony Financial (NYSE: SYF) reported its most recent quarterly results before the markets opened on Friday. The company said it had $0.61 in earnings per share (EPS) and $3.6 billion ...
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How Visa Stepped Up Its Game in Q3

Visa Inc, (NYSE: V) reported its most recent quarterly results after markets closed Thursday. The credit card giant said that it had $0.86 in earnings per share (EPS) and $4.6 ...
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Weather-Related Losses Lash Travelers Earnings in Second Quarter

The Travelers Companies, Inc. (NYSE: TRV) reported its second-quarter financial results before the markets opened on Thursday, and the company missed on earnings per share but topped forecasts on revenue. ...
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American Express Edges Out Earnings

American Express Co. (NYSE: AXP) released its second-quarter financial results after markets closed Wednesday. The company said that it had $1.47 in earnings per share (EPS) and $8.31 billion in ...
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Morgan Stanley Posts Solid Earnings Beat in Q2

Morgan Stanley (NYSE: MS) reported its second quarter financial results before the markets opened on Wednesday. The company said that it had $0.87 in earnings per share (EPS) and $9.5 ...
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Trading Revenues Hamper Goldman Sachs Earnings — Again

The Goldman Sachs Group Inc. (NYSE: GS) reported second-quarter results before markets opened Tuesday morning that topped estimates. The investment bank reported diluted quarterly earnings per share (EPS) of $3.95 ...
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Why Bank of America Isn’t Up Even More After This Report

Bank of America Corp. (NYSE: BAC) reported second-quarter financial results Tuesday before the market opened that topped estimates. The megabank said it had 46 cents in earnings per share (EPS) ...
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Why Analysts Are Growing More Bullish on Major Bank Stocks After Earnings

A few of the major banks kicked off the second quarter when they reported their most recent quarterly results last week. Although the initial reaction was somewhat negative from investors, ...
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