Banking & Finance

Vault Door

6 Impressive Bank Dividend and Buyback Hikes After Fed-CCAR Results

It was just last week that investors learned that all of the major banks were shown to have passed their Federal Reserve stress tests. Now the capital return plans (CCAR) ...
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100 dollar bills

Apollo Global Makes Tender Offer for Diamond Resorts

Diamond Resorts International, Inc. (NYSE: DRII) is watching its shares make a handy gain in Wednesday’s session after it was announce that the company will be acquired by Apollo Global ...
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M&A

CIBC Moves to Acquire PrivateBancorp

PrivateBancorp, Inc. (NASDAQ: PVTB) is making a solid gain on Wednesday following its most recent deal to be acquired. The company has entered into a definitive agreement to be acquired ...
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burning cash

Sovereign Debt With Negative Yields Now Tops $11.7 Trillion

The demand for safe-haven trades is becoming almost zany. It seems unthinkable that there was nearly $10 trillion in sovereign debt with negative yields just a few weeks ago. Now ...
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analysis

Have Online Brokers Been Overly Punished Around Brexit and Rates Being Lower For Longer?

Many investors have been complaining for years that it is just too hard to make money off of their investment money. The same has become equally true for the online ...
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Online lending

Lending Club Fires 179 Staff, Names New CEO, Chairman

Peer-to-peer loan maker LendingClub Corp. (NYSE: LC) announced Tuesday morning that it has named a new CEO, a new chairman of the board, and that it will cut 179 jobs. ...
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united kingdom

S&P Downgrades United Kingdom To “AA”

It has been expected since Brexit that the credit rating agencies would chop the "AAA" rating of the United Kingdom. That happened today, and S&P cut its UK rating to ...
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Dollar Bills

GE Sells Off More Financial Assets, Sales Closer to Completion

General Electric Co. (NYSE: GE) keeps selling financial assets. What may be different now versus in 2015 is that the size of each deal seems smaller and smaller. Investors and ...
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Online lending

Loan Cap Appeal Rejected by US Supreme Court

The U.S. Supreme Court on Monday refused to hear an appeal from a branch of the Encore Capital Group Inc. (NASDAQ: ECPG) to stop a class-action lawsuit against the firm ...
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money

People’s United Financial Moves to Acquire Suffolk Bancorp

Suffolk Bancorp (NYSE: SCNB) saw its shares rise over 25% on Monday morning following an acquisition agreement with People’s United Financial Inc. (NASDAQ: PBCT). The companies announced a definitive agreement ...
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burning cash

6 Financials That Are Still Getting Nailed By the Brexit Vote

The market reaction to the British vote to leave the European Union has been catastrophic, not just in the U.S. markets but globally everything has pulled back. Perhaps the hardest ...
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bank building

US Banks Drop Nearly 8% On Brexit

The largest U.S. banks had a rough day Friday following the U.K. vote to leave the European Union. The average share price loss for the country's six biggest banks was ...
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European currency

How The Major Banks Are Under Fire From Brexit

In a somewhat unexpected move, the United Kingdom has left the European Union causing significant fallout within global markets. At the same time, investors are piling into gold to hedge ...
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Stocks

3 Stocks to Buy Now That Brexit is a Reality

  Against all odds, the citizens of the United Kingdom have voted to exit the European Union by a large 4 point margin. Against all odds literally, because UK ...
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bank building

Banks Likely To Raise Dividends After Stress Tests

The Federal Reserve has finally released the results of the 2016 stress tests. If there is one thing you need to take away from this, it is that all of ...
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