Federalreserve.govNow that Janet Yellen is reportedly being appointed as the next chairman, or chairperson, of the Federal Reserve, the markets may get what they really wanted all along. Yellen represents a continuation of the…
thinkstockGreece and its banks may have found a friend in billionaire investor John Paulson. A report from Reuters has said that Paulson now favors the recapitalized banking sector as a bet on Greece’s recovery. After…
ThinkstockThe Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve’s Board of Governors Thursday morning released the public portions of the so-called annual resolution plans for 11 of the country’s largest banks. The plans were…
ThinkstockAfter the market implosion of 2007 and 2008, the major U.S. banks were all reeling from the same disease. The housing bust and the slew of horrible mortgage backed securities deals that were floated…
Now that it is a new month there is a new investment outlook from Bill Gross of PIMCO, who is often referred to as the “bond king” or “king of the bond market” by…
ThinkstockPope Francis has been working towards a pledge of greater and greater transparency in the Catholic Church. This pledge also includes financial transparency. For the first time ever, the Vatican’s bank has released its annual…
ThinkstockBetween the sharp back-up in long-term rates that will penalize mortgage and trading results, and the ongoing political bloodlust that reflects itself in fines and litigation accruals, the banking analysts at Oppenheimer think this…
ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) seems to be entering a no-win scenario when it comes to finances and regulators. The billions upon billions of dollars in fines, settlements, regulatory fees and the…
ThinkstockSterne Agee has issued a different take on its weekly coverage of bank stocks and is issuing its new list of top picks as banking stocks to buy. While the favorites are named generally…
ThinkstockThe undercapitalized bank list is getting smaller and smaller. That means that bank closures will become individual cases of inept managers rather than the prior flow of closures that came in waves. SNL Financial…
J.P. Morgan Chase & Co. (NYSE: JPM) still has ambitions of increasing its dividend. The bank also wants to increase its share buybacks. This is an important step because Jamie Dimon and team did…
ThinkstockWith all of the concern about the cost of college followed with massive student debt, one has to wonder why anyone would still want to be in the student loan business. The government has…
ThinkstockSterne Agee is out with a key report discussing merger arbitrage spreads and trends in mergers and acquisitions in the banking sector. While the M&A trade has been on the back burner of late,…
ThinkstockWhile the talking heads in the financial media argue back and forth about economic strategy on interest rates, there are two inescapable facts. First, interest rates had been at all-time lows for almost five…
Siebertnet.comMuriel Siebert, founder of Siebert Financial Corp. (NASDAQ: SIEB), passed away over the weekend. Many new investors may not know her nor may they know just how important and influential she was on Wall…