In Las Vegas it pays to be the house. Apparently this is true in Washington D.C. as well. The Federal Reserve System has now released the 2011 combined annual comparative financial statements. The reports…
Regions Financial Corporation (NYSE: RF) is usually no longer very active when it comes to stock options trading. So what happens when it makes the screen of highly unusual trading volume in speculative call…
A new exchange is coming to the world of public stock and financial market exchanges this week. The initial public offering for BATS Global Markets is going to be highly watched because it is…
Bank of America Corporation (NYSE: BAC) was the victim of a nasty rumor on Monday that sent shares south. The stock is still at a substantial discount to book value even though the shares…
The fall-out of a weak year among Wall St. firms is not over. Many suffered because the government forced them out of highly profitable proprietary trading operations. Others watched lucrative investment banking sales drop.…
Bank of America Corporation (NYSE: BAC) was doing very well earlier and it hit $10.00 for the first time since August 1, 2011 earlier this morning. That was before the sell-off. While Bank of…
The US Treasury reported this morning that it had sold the last of the $225 billion in mortgage-backed securities (MBS) that it purchased beginning in 2008 at the height of what appeared to be…
Bank of America Corporation (NYSE: BAC) made it back above $10.00 today for the first time since August 21 of 2011. The stock hit a high of $10.10 and the current share price is…
The 30 Year Treasury yield is up to 3.42%, up from 3.18% the week earlier and up from 3.09% a month ago. The 10-Year Treasury yield is 2.30%, up from 2.03% a week ago…
Mergers and acquisitions bankers may become subject to stricter rules for revealing their personal investments as a result of a review now being conducted at Goldman Sachs Group Inc. (NYSE: GS). A Delaware judge…
Jefferies Group, Inc. (NYSE: JEF) is set to report earnings this coming Tuesday. It was only a few months ago that they were being mistreated as “the next MF Global” by Wall Street. To…
Bank of America Corporation (NYSE: BAC) has been an incredible performer in 2012. If you can believe it, it has almost now doubled from the low of $4.92 in December. The question to ask…
Just a few days ago, the European Central Bank (ECB) took €820.8 billion (about $1.08 trillion) in overnight deposits, a record amount. Last night deposits totaled €727.74 billion, considerably lower, but higher than Wednesday’s…
The period in which financial toxic assets where considered the most dangerous assets a bank could hold has ended. The Wall Street Journal reports that Goldman Sachs (NYSE: GS) and other banks will bid…
The US Treasury Department has released its Treasury International Capital (TIC) report for January, and the data shows that foreigners continue to be net buyers of long-term US debt. China added $8 billion to…