Banking & Finance - Page 2

Despite Earnings Beat, Citigroup Is Just Par for the Course

Citigroup Inc. (NYSE: C) reported its third-quarter financial results before the markets opened on Thursday. The company said that it had $1.42 in earnings per share (EPS) and $18.2 billion ...
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JPMorgan Earnings Limited by Drops in Trading, Fixed Income

JPMorgan Chase & Co. (NYSE: JPM) reported fiscal third-quarter 2017 results before markets opened Thursday morning. The investment bank and financial services giant reported diluted earnings per share (EPS) of ...
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IMF Highlights 9 Top Global Banks Struggling With Profits

The International Monetary Fund (IMF) has released its Global Financial Stability Report for the second half of 2017. While much progress has been made in regulations and reserves, and while ...
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McAfee One Year Later, Now a Bitcoin Pioneer

Last year, cybersecurity legend John McAfee came out of hiding and made a play to reinvigorate his name and brand by heading MGT Capital Investments and rebranding it as a ...
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What to Look For in JPMorgan Earnings

JPMorgan Chase & Co. (NYSE: JPM) is set to release its third-quarter financial results early on Thursday. Like Citigroup, JPMorgan will be one of the first major banks to report ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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., ...
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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 ...
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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 ...
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