Banking & Finance

As Large Banks Get Expensive, 4 Top Financial Stocks to Buy

If any sector blasted off after the election it was banking, especially the big money center banks. While the run was outstanding, and some fundamentals like higher interest rates are ...
Read Full Story »

Is This the Golden Age for Financial Stocks?

The U.S. economy is building momentum, and a large part of this has been the financial sector. “The Big Short” guy, Steven Eisman, even said back in December that we ...
Read Full Story »

New Gmail Feature Allows Users to Send Money

Google has announced that Gmail now can be used to send money, as well as request it. The new product does not require Gmail users to download any new software, and ...
Read Full Story »

Euronet Moves to Acquire MoneyGram

Shares of MoneyGram International Inc. (NASDAQ: MGI) soared on Tuesday following a new acquisition bid from Euronet Worldwide Inc. (NASDAQ: EEFT). The combination of these highly complementary businesses can potentially ...
Read Full Story »

Did Icahn Really Win With AIG’s CEO Departure?

Shares of American International Group Inc. (NYSE: AIG) saw a slight gain on Thursday after the company announced that its president and CEO, Peter Hancock, will be stepping down. There ...
Read Full Story »
100 dollar bills

New American Express Platinum $550 Fee a Rip Off for Many

American Express Co. (NYSE: AXP) has increased the annual fee for Platinum Card members by $100 to $550 as of March 30. The annual fee for current Platinum Card Membership ...
Read Full Story »
bank building

20% of US Bank Branches to Disappear by 2020

The rise of internet banking and finance technology (now with a buzzword of its own: fintech) has been dramatic over the past few years. Since the financial crisis of 2009, 6% ...
Read Full Story »
AIG logo

AIG Sinks on Widening Net Loss

American International Group Inc. (NYSE: AIG) reported fourth-quarter financial results after markets closed on Tuesday. The net loss in the quarter grew to $3.04 billion, or $2.96 per share, compared ...
Read Full Story »
piggy bank

4 Big Banks to Buy May Have Big Piles of Money If Regulation Relief Comes

It never fails when we have a crisis in America. The tendency for the governing or regulating bodies isn’t to try to get things from over-exuberant back to the mean, ...
Read Full Story »
reprimand

IRS Can Revoke Americans’ Passports for Unpaid Taxes

The U.S. Internal Revenue Service (IRS) is preparing to implement its authority to certify to the U.S. State Department an American citizen's  "seriously delinquent tax debt." The State Department may ...
Read Full Story »
Saudi Arabia

Is the Saudi Aramco IPO Hotting Up with Selection of Moelis?

Boutique investment bank Moelis & Co. (NYSE: MC) has been selected by the Saudi Arabian Oil Company, aka Saudi Aramco, as the internal independent advisor on what is expected to be ...
Read Full Story »
Currency

Is This the End for FXCM?

FXCM Inc. (NASDAQ: FXCM) saw its shares hit a new all-time low after the company encountered some difficulties with the U.S. Commodity Futures Trading Commission (CFTC). Specifically, the CFTC banned ...
Read Full Story »
thumbs up

Analysts Want to Keep Riding the Apollo Wave on Private Equity Gains

Apollo Global Management LLC (NYSE: APO) traded higher in the past week after earnings. There is also a follow-on move taking place that took the stock to 52-week highs. Apollo ...
Read Full Story »
100 dollar bills

Why Visa Won Big on Q1 Earnings

Visa Inc. (NYSE; V) released fiscal first-quarter earnings report after markets closed on Thursday. The company reported $0.86 in earnings per share (EPS) on $4.5 billion in revenue. The same period ...
Read Full Story »
bank

3 of 5 Most Valuable Global Bank Brands Are Chinese

In a new ranking of the world's top banking brands, a China-based bank tops the list for the first time, while two more Chinese bank brands nabbed a spot in the ...
Read Full Story »