Banking & Finance - Page 2

bank building

How Each Major Bank Value and Upside Looks Ahead of FOMC Decision on Rates

Banks are just not very much in favor these days. The low interest rate policy of the Federal Reserve and the extensive regulatory environment have coincided with a period when ...
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hundred dollar bill

What to Expect From H&R Block Earnings

H&R Block Inc. (NYSE: HRB) is scheduled to report its fiscal fourth-quarter financial results after the markets close on Thursday. Despite a very weak third quarter, we must keep in ...
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Online lending

LendingClub Just Can’t Stop the News Flow

When LendingClub Corp. (NYSE: LC) CEO Renaud Laplanche resigned a month ago, the company's stock dived more than 25%. A rumor Wednesday morning suggested that Laplanche was interested in putting ...
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check writing

College Students Pay $828 Million Checking Overdraft Fees

Going off to college usually entails more than just raising the amount of responsibility students have to assume for their own education. For many, if not most college students, it's ...
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IPO

Elevate Credit Puts IPO Back on the Table

Elevate Credit has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). This company decided to postpone its offering back ...
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Vault Door

Are Banks Getting Overextended on Credit to REITs?

It almost doesn't matter what aspect of banking the nation's large banks cater to anymore. Credit risk is credit risk, from exposure to oil and gas, to manufacturing, auto companies and small ...
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U.S. Federal Reserve

June Beige Book Notes Rising Wages

U.S. economic activity expanded at least slightly in eight Federal Reserve districts according to the latest version of the Beige Book released Wednesday afternoon. Chicago and Kansas City reported that growth ...
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credit cards

All Prepaid Cards Not Equal in Disclosing Fees

Many consumers choose reloadable, prepaid cards instead of bank checking accounts either because they prefer a card that behaves like a checking account or because they don't have bank accounts ...
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thumbs up

Analysts Stick by Wells Fargo After Investor Day

Wells Fargo & Co. (NYSE: WFC) has hosted its investor day, and analysts so far have made positive calls after the event. Some negative comments have been made after the lowering ...
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bigger fish

Ares Capital Moves to Acquire American Capital, Excluding Mortgage Management

Both Ares Capital Corp. (NASDAQ: ARCC) and American Capital Ltd. (NASDAQ: ACAS) announced that they have entered into a definitive merger agreement. According to the agreement, Ares Capital will acquire ...
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bank building

3 Banks Called to Outperform After Fed Stress Tests (CCAR)

It may be the time ahead of the summer doldrums, and you may have heard "Sell in May and go away," but investors and traders alike are looking for opportunities ...
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money roll

Midland Bancorp Lowers Expected IPO Pricing Range

Midland States Bancorp has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company shifted its expected pricing range of ...
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Toy house

United Guaranty Updates Info in Newest IPO Filing

United Guaranty has registered an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, but ...
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Wells-Fargo-Logo

Rates Could Be Going Higher in June: 4 Large Cap Banks to Buy Now

It sure doesn’t take much to turn the tide these days, especially when it comes to interest rates. As little as six weeks ago, Wall Street was handicapping basically a ...
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Apple logo

Hedge Funds Dump Apple Stock in Q1

When the going gets tough, the tough often leave town. In the first quarter of 2016, global hedge funds reduced their exposure to equities by 6.9%, more than four times the ...
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