Banking & Finance - Page 2

What to Expect When Citigroup Reports Thursday

Citigroup Inc. (NYSE: C) is scheduled to release its most recent quarterly earnings report before the markets open on Thursday. Citigroup, along with JPMorgan, will be the first of the ...
Read Full Story »

People May Still Want to Go to Bank Branches

Many people have no need to go to bank branches at all. Almost every routine banking relationship can be done online. But a new survey shows that visits to branches ...
Read Full Story »

Banks Seeing Higher and Higher Analyst Target Prices Ahead of Earnings

The week of October 9 to 13 will mark the start of the earnings reporting season covering the third quarter of 2017. Most investors seem to have few worries that ...
Read Full Story »

Bank of America, Wells Fargo and More Banks Reporting This Week

24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this week. We are just entering into earnings season, in which most ...
Read Full Story »

How Equifax Breach Could Cost US Consumers $4.1 Billion

Among several steps consumers can take to try to minimize the damage caused by the Equifax Inc. (NYSE: EFX) leak of personally identifiable information on 145.5 million Americans is to ...
Read Full Story »

Equifax Breach Adds 2.5 Million More Americans to Total

In a press announcement released Monday night, Equifax Inc. (NYSE: EFX) said that further investigation of the data breach first reported on September 7 has added another 2.5 million Americans ...
Read Full Story »

ATM Fees Set Record Again, Up 55% in Past Decade; Overdraft Fees Climb Too

Banking consumers had to dig deeper into their pocket again last year, as ATM fees climbed to a record high for the 11th consecutive year, according to the latest Bankrate.com ...
Read Full Story »

Big Analyst Downgrades Weigh on Bank Stock Valuations

Many investors have heard the term "merger Monday" before, but what about "bank stock downgrade Monday" as a new term? In the daily upgrades and downgrades from 24/7 Wall St., ...
Read Full Story »

White House Tax Reform Plan May Be Huge for These Top Banks

Despite the fact that health care reform so far has failed miserably, the chances for at least some sort of tax reform look decidedly better. With the president trying to ...
Read Full Story »

43% of Americans Carry Credit-Card Debt for at Least 2 Years

About 29 million people, or 43%, who have been carrying credit-card debt have had a balance for at least two years, according to a new study by CreditCards.com, raising concerns ...
Read Full Story »

Why Massachusetts Is First in Financial Literacy

Massachusetts is the most financially literate state, based on a study by WalletHub that evaluated all 50 states and the District of Columbia on their financial savviness. Northeastern states occupy ...
Read Full Story »

How the Amex Dividend Hike Stacks Up Against Financials in the Dow

American Express Co. (NYSE: AXP) has been an unexciting stock for quite some time. That being said, Amex has moved above and beyond the loss of its Costco deal and ...
Read Full Story »

The Best and Worst Customer Service in the Banking Industry

Retail banking (checking and savings accounts and personal loans) enjoyed a fairly high level of customer satisfaction last year, but that doesn't apply across the board to banks of all ...
Read Full Story »

Equifax CEO Retirement Announcement May Only Indicate Worse Problems

It's almost a common thing for a big company to announce a large data breach these days. It's another matter entirely when you have a data breach that may have ...
Read Full Story »

Frequent Overdrafters Hold 9% of All Accounts, Pay 79% of Overdraft Fees

Frequent overdrafters at banks account for 9% of all accounts but paid 79% of all overdraft and not sufficient fund (NSF) fees, according to a report from the U.S. Consumer ...
Read Full Story »