ThinkstockPuerto Rico has started to be referred to as one of the PIIGS of America. The island nation, or protectorate, actually now appears to be conducting a very successful bond offering as investors are…
Earlier this year, Virtu Financial Inc. was named as one of the 24/7 Wall St. Top 10 IPOs to Watch for 2014. We had the very first filing as one of a confidential filing…
J.P. Morgan Chase is being given quite a complement from Bank of America Merrill Lynch. The firm's Erika Najarian reiterated her Buy rating on the bank, along with a $68 price target.
The Nasdaq OMX Group on Wednesday morning launched its capital marketplace for private companies, the Nasdaq Private Market. The new market joins the likes of SecondMarket and SharesPost.
In a new research report, the bank analysts at Deutsche Bank really do the deep-dive to find out which names are good for investors to buy now. Deutsche Bank has limited its top names…
Citigroup revealed Friday that it had discovered a minimum of $400 million in fraudulent loans at its Mexican subsidiary Banamex. In a filing with the SEC on Monday, the bank said that a federal…
ThinkstockThe Federal Reserve is under a new chairman, and the new policy is still one that will come with ongoing bond purchase tapering. Still, the Fed’s balance sheet keeps growing and is moving further…
UBS attended the recent analyst day at J.P. Morgan, and its analysts came away with 10 specific items that they learned. These are interesting items for shareholders or investors considering taking a position in…
Wikimedia CommonsSo, how silly do the people who bought Bitcoin at $1,000 or higher feel now? That is the question that needs to be asked — as well as how eager these people will…
J.P. Morgan already has announced it will cut well over 10,000 jobs. If the bank's mortgage business continues to worsen and it closes more branches, the layoffs could reach close to 20,000.
Fannie Mae has reported its 2013 earnings and the taxpayers appear to be sitting on a profit from the bailout. It is still likely that many members of Congress will keep up their fight…
In a move may allow Amazon.com to get ahead of the spread of Bitcoin, it is starting to make its Amazon Coins program available to mobile users. Is this a coincidence on the timing…
Wikimedia CommonsThe next six years should be great years for the money management business, with assets under management reaching more than $100 trillion. This growth, according to a report from PricewaterhouseCoopers, will come primarily…
ThinkstockAsset management firms currently have about $64 trillion in investable assets, but that number is predicted to grow to more than $100 trillion by 2020, a compound annual growth rate of more than 6%.…
Wikimedia CommonsBitcoin is proving to be the joke of a currency that many experts and pundits had predicted. This is too bad, because the world could use something akin to Bitcoin — perhaps with…